Managing a successful law practice is no easy task, and the financial aspect is as complicated as it is important to your firm’s overall health. In an industry where precision and accuracy are paramount, proper accounting is crucial to safeguarding your client’s interests and keeping your practice afloat. By better understanding common legal accounting mistakes, you’ll be better equipped … Read More
QuickBooks vs. CosmoLex: Billing and Payments
When lawyers think of all the daily tasks on their to-do list, invoicing accounts may not immediately come to mind. But without efficient legal billing and payment processes, busy lawyers and law firms will end up struggling to get paid for the hard work they do each day. Whether you’re scaling your business or looking to upgrade your current billing … Read More
3 Payment Methods Law Firm Clients Are Looking For
A positive client experience isn’t just about strong client relationships. It’s about making legal processes easier and more manageable for the people you serve, from client intake all the way through to closing out their legal matters. One way law firms can improve the client experience is by offering flexible, inclusive payment methods. When it comes to payment methods, many … Read More
Online Payment Dos and Don’ts for Law Firms
Providing online payment options opens up a world of opportunity to law firms seeking to streamline and improve their legal billing processes. But accepting credit cards can also put lawyers at risk of compliance violations—particularly if you don’t use a payment processor that has key safeguards in place. Do accept credit cards Clients are used to paying for almost everything … Read More