What is the best way for law firms to track time?

CosmoLex Team

“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

How should my law firm be tracking time?

CosmoLex Team

Whether you bill by a flat fee rate or the hour, all lawyers should be tracking their time. From figuring out client invoice amounts to determining productivity and pricing, time tracking is essential. To do it properly there are a few different methods firms can choose from, but it’s best to pick one of them and stick to it. For … Read More