The paper check is alive and well even in our increasingly digital world. CosmoLex billing software for attorneys includes check printing capabilities. Here are a couple of points to consider when producing checks. Manual Or Printed Checks CosmoLex can print checks on your local printer. The advantage over manual checks is the payment documents will be clearly printed, easy to … Read More
Three Lawyers, Three Billing Systems
Let’s take a look at three lawyers: Lazy Larry, Prudent Polly and Successful Sam. Each of these lawyers has a different legal billing system and has achieved a different level of success. Lazy Larry can’t be bothered with billing. He’s a lawyer, not a bookkeeper. His method of recording time is to think about what he did this week and … Read More
How Can You Have A Paper Trail In A Paperless Office?
Attorneys learn early on the importance of documentation. This has caused some to resist moving to cloud-based trust software for attorneys like CosmoLex because they fear that without stacks of paper they will get into trouble if audited. The fact is you don’t need paper for a paper trail. If It Isn’t Written Down, Then It Didn’t Happen First of … Read More
Are You Using The Wrong Software?
Technology provides a big boost to the productivity and profits of any business including law firms. However the wrong technology not only provides less of a boost but can actually become a burden. If your time and billing software isn’t up to the task then it’s time to update to CosmoLex. Wrong Software Some practices, especially solo practices, try to … Read More
Is The Paper Check Dead?
According to NACHA, nearly half the paper checks written in this country are written by small businesses. You can find plenty of article predicting the death of the paper check within ten years — of course some of those articles are more than ten years old, so that shows how well these predictions work. CosmoLex law office software offers built-in … Read More
CosmoLex Is Like Hiring A Team Of Experts
Solo attorneys face a dilemma: you can’t afford to hire someone to help with office administration, and yet every hour you spend on trivial jobs is an hour you aren’t billing a client. CosmoLex law office management software is like having a full staff with a salary of only a few dollars a month. Bookkeeper You don’t need to hand … Read More
The Importance Of Branding To A Law Firm
Attorneys need to reach new clients, yet many are reluctant to engage in overt advertisements. If you depend on word of mouth referrals like many firms do, then it is essential that you project a professional image. The invoices produced by CosmoLex billing software for lawyers help you maintain that image. History Of Legal Advertising In 1908 the American Bar Association … Read More
Which Is Better: Hourly Or Flat Fee Billing?
Although it varies based on legal specialty, traditionally attorneys work according to the billable hour. However lately there has been a growing trend to move towards flat fee billing. CosmoLex time and billing software can handle either model, as well as contingency billing, but which billing is right for your practice? Fitting The Price To The Job When you charge … Read More
iPads In Court — The Changing Face Of American Law Practice
The March/April 2014 issue of Law Practice Magazine had an interesting article entitled, “I Submit My iPad as Exhibit A…”The authors interviewed two lawyers who regularly use iPads in court as part of their practices. The article focused on iPads specifically but much of the information applies to general cloud-based technology, including CosmoLex law firm management software. Technology In The … Read More
Avoid These Common Retainer Accounting Mistakes
CosmoLex’s built-in trust account management features are a big help to law offices that work on retainer, but there are still some errors you have to be careful to avoid. Attorney trust accounting software works best when used alongside smart account management practices. Here are a few mistakes to look out for. Taking Money Before It’s Earned – When a … Read More