Remove Attorney Remove Document Management Remove Finance
article thumbnail

How to Avoid Logistical Chaos During a Firm Split

CARET Legal

Instead of scrambling to fix problems mid-split, firms that plan ahead keep cases moving, client relationships intact, and finances in order. Instead of scrambling to fix problems mid-split, firms that plan ahead keep cases moving, client relationships intact, and finances in order. Here are some suggestions: 1.

article thumbnail

Protect Revenue, Clients, and Cash Flow During a Firm Split

CARET Legal

Without a solid system in place, finances may get lost, clients may slip away, and trust accounts may turn into a logistical nightmare. Without a solid system in place, finances may get lost, clients may slip away, and trust accounts may turn into a logistical nightmare.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are Paralegals Meant to Survive This Decade?

The Estrin Report

o The federal government, finance, and insurance sectors pay the most, with a median income above $84,000 per year. Unfortunately, stress among paralegal staff is not as well addressed as attorney stress. After practicing as an attorney for many years, she now lives and writes in Florida for Smokeball. By Aline Martin O’Brien!

article thumbnail

Are Paralegals Meant to Survive This Decade?

The Estrin Report

o The federal government, finance, and insurance sectors pay the most, with a median income above $84,000 per year. Unfortunately, stress among paralegal staff is not as well addressed as attorney stress. After practicing as an attorney for many years, she now lives and writes in Florida for Smokeball. By Aline Martin O’Brien!

article thumbnail

Preparing for a Firm Split: Strategies for a Seamless Transition

CARET Legal

From safeguarding client relationships to fairly dividing case files, finances, and technology, every decision impacts the future of both firms. Mishandling confidential datawhether through improper access, unsecured transfers, or misfiled documentscan lead to breaches of attorney-client privilege, ethical violations, and legal consequences.

Legal 98
article thumbnail

Integrated Accounting Software for Law Firms: Features, Benefits & More

CosmoLex

When your firm is equipped with an efficient accounting system tailored to the business, your staff can focus on high-value work instead of repetitive tasks that consume billable time. It can also lead to more errors as you attempt to juggle disparate workflows and law firm accounting systems.

article thumbnail

Law Firm Management: Key Insights and Strategies for Success

Rocket Matter

Managing the firms finances, including budgeting and forecasting, accounting and bookkeeping, and billing and collections. Staff Management. Recruiting, training, and supervising attorneys and support staff to ensure optimal performance. Financial Oversight. Operational Efficiency. Marketing Strategies.