Most lawyers, and business owners in general, dislike following up on collections. Yet if you want to be paid for work you’ve already done, basic steps around collections are a necessity. One way to circumvent the issue of having to follow up with collections—and possibly putting it off instead—is to automate your collections process. Here’s how. Online payments Online payment … Read More
What AI tools can solo and small law firms use?
The rate at which today’s technology grows and shifts can feel a little overwhelming, and many small and solo law firms are hesitant to invest in new tech—even though they stand to benefit the most.[1] But there are two main areas where AI-driven tools can help firms operate more efficiently and effectively: analytics and automation. For both, AI tools get … Read More
How can my law firm be more successful next year?
With 2020 wrapping up and the first Covid-19 vaccines arriving, we’re feeling more energized about 2021. We want to review the past year, implement changes, and start the new year strong. But – what should those changes be? Below we’ve shared a few things to keep in mind as you move toward a more successful 2021. Have your financials in … Read More
How can our law firm improve our client intake?
Improving your client intake process can affect your client’s experience – and your firm’s. It’s easy to get focused on bringing in more clients, but it’s important that your new clients are the right fit for your firm. What should you be looking for? Vet Clients Don’t get so focused on quantity that you overlook quality of fit. The goal … Read More
What goals should my law firm set?
As we move into the new year, we’re at a natural time to set goals. But in setting goals, it’s helpful to pick metrics or ideas that are realistic and relevant to your firm. And to know where you want to be, you need to know where you’re at. We’ll cover goal-setting around three key areas – revenue, clients, and … Read More
What are the best New Year’s resolutions for law firms?
You set New Year’s resolutions in your personal life – and your law firm shouldn’t be any different. Use this natural annual shift to take a step back, look at the big picture, and make plans that will help you succeed in the year ahead. Review your practice areas Because the pandemic has significantly changed how we live our lives … Read More
How can our law firm securely send client communications?
The work-from-home era has ushered in new standards and expectations. Clients now expect attorneys to be up-to-date with remote working protocols, and that includes digital communications. Yet there are a host of security concerns law firms must contend with that other businesses don’t need to worry about. The problem: client confidentiality In order not to violate the Model Rules of … Read More
How can our law firm calculate fee distribution?
Fee allocation is a necessarily complex feature of law firm accounting. It’s how we make sure everyone gets paid for the work they contributed to a matter, but it can also be a minefield of mistakes waiting to happen. The complicated nature of fee distribution skyrockets if you’re trying to work with generic accounting tools not designed for attorneys or … Read More
What online document storage is secure enough for law firms?
With more lawyers working from home than ever before, firms are increasingly relying on online document storage as part of their shift to remote working. Yet law firms generate documents that have greater security requirements than, say, photos of your dog. So, what should you look for in a document management and storage platform? Integration Programs that work with dedicated … Read More
What is the best way for law firms to track time?
“What isn’t measured, isn’t managed,” goes the old business adage. Tracking time helps law firms ensure they’re billing for all the hours they should be, lets them see where they spend their time, and aids those who charge a flat fee in making sure the fee represents the time worked. Most firms understand this, but with the shift from the … Read More