Start 2023 Strong With These Legal Marketing Tactics

CosmoLex TeamCosmoLex Blog, Tech Tips

Start 2023 Strong With These Legal Marketing Tactics

Want to see your law firm gain and retain more clients in 2023? Get ahead of the game by preparing a strong legal marketing strategy now. Review your marketing plan, goals, and tools to start the year on the right foot.   Evaluate your existing marketing plan  Before you can determine where your firm is heading tomorrow, you have to know … Read More

Tech Tip #276: Ethical Considerations For Outsourcing Legal Work

CosmoLex TeamCosmoLex Blog, Running a Law Office, Tech Tips

Ethical-Considerations-For-Outsourcing-Legal-Work

Outsourcing can be a useful way to scale your firm’s business, especially since reports show that lawyers spend up to six hours a day doing non-billable work. It’s common to outsource work such as court coverage, brief writing, marketing, bookkeeping and more. Just make sure you take into account the ethical considerations surrounding outsourcing. Whoever you decide to work with … Read More

Tech Tip #274: Optimize Time and Billing Practices to Grow Your Firm

CosmoLex TeamCosmoLex Blog, Legal Billing, Tech Tips

Optimize-Time-and-Billing-Practices-to-Grow-Your-Firm

One of the five pillars of running a successful law firm includes having a strong foundation for time tracking and billing practices. Optimizing your time tracking and billing leads to three benefits: Compliance: Keeping accurate real-time balances at the matter level allows firms to catch inaccuracies and issues earlier on.  Happier clients: Easy-to-understand and accurate billing practices make it easier … Read More

Tech Tip #273: Three Ways for Attorneys to Boost Their Online Reputation and Personal Branding

CosmoLex TeamCosmoLex Blog, Running a Law Office, Tech Tips

Three-Ways-for-Attorneys-to-Boost-Their-Online-Reputation-and-Personal-Branding

When we last spoke with Brad Poller of Princeton Internet Marketing during our Ask an Expert series, he suggested that all attorneys should dedicate 10% of their time to building their business through marketing and lead generation. Here are three quick wins that you can work on to boost your online reputation and convert more business: Include testimonials on your … Read More

Tech Tip #272: 5 Ways to Support Healthy Cash Flow and Profits at Your Firm

CosmoLex TeamCosmoLex Blog, Legal Billing, Tech Tips

5-Ways-to-Support-Healthy-Cash-Flow-and-Profits

When you think of law firm billing workflows, you think of daily time and expense tracking entries, account reviews, generating invoices, sending out invoices, recording payments and sending out collections reminders. There are a lot of little steps that go into billing, but if you follow these 5 tips, you’ll be able to support a healthy cash flow and profits … Read More

Tech Tip #269: Regularly Review Your Profit & Loss Statement

CosmoLex TeamCosmoLex Blog, Running a Law Office, Tech Tips

Regularly-Review-Your-P&L-Statement

Knowing your firm’s revenue doesn’t actually determine how well your firm is doing. You need to look at your profit and loss statement (P&L statement), which takes into account both your revenue and expenses. Regularly checking your firm’s profit and loss statement will allow you to be more proactive with reducing expenses and increasing revenue-generators. Below are a few action-oriented … Read More

Tech Tip #268: You Have an Ethical Obligation to Thoroughly Vet Cloud-Based Vendors

CosmoLex TeamCloud Computing & Security, CosmoLex Blog, Tech Tips

You-Have-An-Ethical-Obligation-to-Thoroughly-Vet-Cloud-Based-Vendors

Lawyers have an ethical obligation to exercise reasonable care to keep data and files confidential, which means you have to trust that the technologies you use at your firm are also keeping your data secure. Here are 7 topics to consider when doing your due diligence during the selection process of cloud-based vendors:  Does the vendor store data in the … Read More

Tech Tip #267: Seven Data Points to Consider When Switching Practice Management Systems

CosmoLex TeamCosmoLex Blog, Running a Law Office, Tech Tips

Data-Points-to-Consider-When-Switching-Practice-Management-Systems

If you’re thinking about switching law practice management systems, don’t forget to take into account the data migration process. This process can be costly and time-consuming, so you’ll want to make sure you get it right the first time. Here are seven data points that both you and the software provider should consider during the migration process: Matter information, including … Read More