Back to Basics: Legal Invoicing and Getting Paid

Back to Basics: Legal Invoicing and Getting Paid

Legal billing processes are not only labor-intensive and detailed. They can also eat into valuable time that could be better spent working on client matters or investing in business development opportunities. Moreover, without an optimized legal billing process, you could be waiting longer to get paid and losing billable hours simultaneously.   But the good news is that you don’t need … Read More

5 Legal Tech Basics Solo and Small Law Firms Need for 2023

5 Legal Tech Basics Solo and Small Law Firms Need for 2023

Years ago, it was questionable for an attorney to communicate with clients via email.   But legal technology has advanced at the speed of light. We’re way beyond questioning the value of email.   Today, there are hundreds of software “solutions” available for every conceivable task, from tracking your clients’ contact information to organizing digital documents. Such an abundance of choice signals … Read More

How to Grow Your Family Law Practice

How to Grow Your Family Law Practice

You may have started your family law firm with the primary intention of helping clients through difficult times in their lives—but to do this effectively, you also need to run a profitable law firm and grow your business. As a result, you’re likely well aware of the fact that providing compassionate and effective legal services to clients while also managing … Read More

How to Improve Your Firm’s Accounting and Ditch QuickBooks for Good

How to Improve Your Firm’s Accounting and Ditch QuickBooks for Good

Legal accounting can be a complex and time-consuming task, especially if you run a small or medium-sized law firm and don’t have a lot of resources to devote to it. Many firms use QuickBooks, a popular accounting software, to manage their finances.   Despite its widespread use, though, QuickBooks may not be the ideal option for every legal practice.   If you’re … Read More

How Solo and Small Law Firms Can Compete with Larger Competitors in 2023

How Solo and Small Law Firms Can Compete with Larger Competitors in 2023

Flying solo or working with a small team means your law firm is short on people—not advantages. Compared to larger competitors, small and solo law firms are more agile, client-centric, and adaptable. Plus, many clients prefer to work with a smaller firm to receive more personalized service.  Still, firms of every size face challenges and small firms, specifically, are tasked … Read More

Back to Trust Accounting Basics: Integrating Trust Accounting with General Accounting for Law Firms

Back to Trust Accounting Basics: Integrating Trust Accounting with General Accounting for Law Firms

Lawyers frequently manage client funds using a specific type of bank account called a trust account. Monitoring and maintaining these accounts is called legal trust accounting.   Most commonly, trust accounts are used to pay for legal services, but they may also temporarily hold settlement money or other client-owned funds. Beyond serving as a method of payment or protection for clients, … Read More

How to Source Reliable Vendors for Your Law Firm

reliability

Whether it’s medical records ordering, financial services, graphic design, or something else entirely, law firms often need to enlist outside help to keep the office running smoothly. Or at least, that’s what happens when the vendor is reliable. When they’re not, it can feel more like you’re being run into the ground.  But lawyers don’t have time for someone to … Read More

The Lawyer’s Guide to Using eSignatures

The Lawyer’s Guide to Using eSignatures

eSignatures have been around since the early 2000s. Yet, many law firms have been slow to adopt the technology due to concerns about implementation, security, and compliance. Is your law firm one of them?   If so, you’re not alone. These concerns are understandable—but rest assured that eSignatures are an effective way to save time, improve client satisfaction, and avoid wasting … Read More

Start 2023 Strong With These Legal Marketing Tactics

Start 2023 Strong With These Legal Marketing Tactics

Want to see your law firm gain and retain more clients in 2023? Get ahead of the game by preparing a strong legal marketing strategy now. Review your marketing plan, goals, and tools to start the year on the right foot.   Evaluate your existing marketing plan  Before you can determine where your firm is heading tomorrow, you have to know … Read More

CosmoLex: Year-End Wrap Up

CosmoLex: Year End Wrap Up

This year has been a highly productive one, with the introduction of features we can brag about, from tools for lead management, e-Signature, and enhanced payment processing, to workflows that can take your firm to the next level.  Your security has always been our top priority, and we have completed a full year of satisfying SOC2 compliance specifications. We are … Read More