Cuba Gooding Jr. and Tom Cruise may have popularized the term “Show me the money,” but any attorney running their own practice should be saying the same thing. They may even want to say it over and over and over again. You’ve seen the movie, right? All kidding aside, attorneys not only need to see the money, they also need … Read More
Tracking Legal Income & Other Business Income In One System
For a law firm, tracking their income is much different than it is for any other business. The first thing they have to do is ensure that they allocate all of the funds that are paid to the firm appropriately. Differentiating Between Legal & Other Business Income Once that is done it is important to understand how to properly categorize … Read More
Tech Tip #73 – Do You Know Where Your Firm’s Money Is Coming From?
It may sound like a silly question, but do you know where your firm’s money is coming from? I’m sure you keep your books and understand how much money you have, but what cases are generating the most revenue? What’s more, which cases offer the best ROI on your marketing dollars. In order to run a successful firm, it’s important … Read More
Professionalism Must Go Beyond The Courtroom
People respect attorneys. When someone hires an attorney they know it will be an investment, and they expect to be dealt with in a professional manner. Very rarely is this a problem when it comes to an attorney’s role and actions in the courtroom but once a lawyer begins managing their own firm, professionalism has to go beyond the courtroom. … Read More
Maximizing Talent: Redirecting Focus from ‘Busy’ Work to Value-Driven Tasks
The members of your legal team are the rockstars and backbone of your law firm. They play a huge role in handling complex legal cases, nurturing client relationships, and winning high-stakes litigation. Their specialized knowledge and skills can skyrocket your firm’s results and reputation, leading to long-term growth and success. So why distract from billable hours by doing all the … Read More
Business Intelligence For Law Firms
We live in a day and age where data is king. Businesses don’t go a week without utilizing business intelligence to make better decisions for their business. In the legal profession some may think big data and analytics aren’t nearly as prevalent as they are across other industries. But if your law firm isn’t utilizing business intelligence related to your … Read More
Effortless Case Management: Focus on Clients, Not Admin Work with CosmoLex
Every lawyer knows what it’s like to deal with a packed day—you sit down at your desk with a cup of coffee and try to sift through a mountain of paperwork that’s been waiting for you since yesterday. You have client meetings all day, and you need to prepare for court, but you also need to get on the phone … Read More