Attorney at Work

OCTOBER 10, 2022

Traditional law firm operations — processing paper invoices, sending and collecting paper checks, and handling billing data manually — can at best cause bottlenecks and at worst, result in delayed cash flow. Table of contents Why Does AR Pile Up? Why Does AR Pile Up? Days go by, and you haven’t heard a word. Tips to Avoid Outstanding AR.

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Law Firm Law Firms Laws Legal 278

CARET Legal

DECEMBER 16, 2024

With practice management software they can have a birds eye view of all active cases, upcoming deadlines and pending tasks. There are three main elements that can make or break a bankruptcy case: paperwork, timelines and communication. Its a paper trail that can quickly get out of control without a system in place.

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Attorney at Work

MARCH 5, 2022

Whether you work for a large firm or you run your own private practice, getting your legal billing right is absolutely crucial. After all, your business can’t thrive without steady payments. Keep this list handy to ensure your bills are as client-friendly as possible. 4 Legal Billing Dos. ” 3. .”

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CARET Legal

MARCH 24, 2025

When insurance defense firms take control of their billing process, disputes shrink, approvals move faster, and cash flow stays steady. Complex billing guidelines, rejected invoices, and slow approvals turn what should be a straightforward transaction into a bureaucratic mess. The good news?

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Above The Law

APRIL 2, 2025

Inaccurate invoicing: Without a precise record of time, firms may underbillor overbillleading to disputes and delayed payments. For example, if a lawyer bills $300 per hour and misses just 15 minutes of billable time per day, thats $18,750 in lost revenue per year (based on 250 workdays). The solution?

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Law Firm Law Firms Laws Lawyer 99

NCBA Law Practice Management Blog

APRIL 14, 2024

Most often, that payment is collected via a standard invoicing process. A bill is sent to the client; then, the firm waits to get paid. But, there is a better way – automating payments. So, instead of following that traditional pathway: Have your clients sign a credit card payment authorization, like this one.

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Law Firm Law Firms Laws Attorney 246

Attorney at Work

JANUARY 20, 2022

Law firms of all sizes are feeling pressure to meet client demand for both tailored services and greater efficiencies in this rapidly changing industry. Legal teams are being pressed to control costs and better respond to changing regulatory and risk management obligations. According to Gartner Inc., And is it a game only BigLaw can play?

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CARET Legal

APRIL 11, 2025

When a law firm doesnt have clear insight into where money is going, whats been billed, or which matters are profitable, its hard to grow with confidence. Clear visibility into attorney fees and litigation expenses ensures the firm can accurately bill clients and manage costs associated with each case.

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JURIST

SEPTEMBER 2, 2021

South Korea’s parliament approved a bill on Tuesday that imposes curbs on Google and Apple’s payment policies. The bill bans these major app store operators from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases.

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Laws Government Legal Legal 204

Above The Law

FEBRUARY 21, 2025

When my divorce sent me back to work and my kids back to brick-and-mortar schools, college tuition payments looming large, I started my own family law practice from scratch in a new city, far from home, where I pretty much knew nobody. Flat-fee billing lowers administrative costs — from the lawyer to the bookkeeper.

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Laws Divorce Family Law Lawyer 114

Attorney at Work

NOVEMBER 2, 2021

Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for law firms. And, lawyers who talk about how their clients actually prefer cash or check payments create a self-fulfilling prophecy: because those are likely the only payment options they offer.

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Law Firm Law Firms Laws Case Management 257

Attorney at Work

JULY 26, 2021

This true standalone practice management experience by MyCase focuses on the modern law firm experience with lead intake, collaboration and payments. In particular, law firms have focused on three areas for updating old school systems: 1) Intake, 2) Collaboration, and 3) Payment models. MyCase is focused on the customer experience.

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Law Firm Law Firms Case Management Technology 246

CARET Legal

MARCH 31, 2025

From centralizing case and billing data to maintaining continuous compliance, an LPMS is needed to create a smooth transition period. Without a clear record of case history and billing, firms waste time arguing instead of working. How an LPMS helps: Advanced billing makes sure that outstanding balances dont disappear in the shuffle.

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Law Firm Law Firms Finance Document Management 80

Attorney at Work

JULY 21, 2022

Tasks like handling the lengthy form filling process, communicating effectively with clients, and accepting payment for all that hard work can be difficult when not managed correctly. Now, with the launch of our latest feature, LollyPayments , you can also handle the entire payments process without ever leaving the LollyLaw application.

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Case Management Immigration Legal Technology Solution Attorney 242

Above The Law

APRIL 30, 2025

Our friends at MyCase recently surveyed over 2,800 legal professionals and covered a wide range of technologies that impact law firms, including artificial intelligence (AI) and generative AI. The results are detailed in their 2025 Legal Industry Report, which details the technology journeys of thousands of respondents.

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Rocket Matter

NOVEMBER 25, 2024

Inefficiency can delay payments and cause billing disputes that disrupt timelines and impact cash flow. The right technology can automate processes, enhance output, and ensure that a legal company remains relevant in the market. This places huge demands on lawyers and their teams, making the old ways of working simply unsustainable.

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Document Review Legal Technology Solution Technology Legal 97

JURIST

JULY 20, 2024

T he Court of Appeals for the Eighth Circuit suspended the remaining portions of the Saving on a Valuable Education (SAVE) plan, which the Biden administration introduced last year to reduce monthly payments for student loan borrowers. SAVE is designed to approve more than $116 billion in targeted relief for 3.4

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Attorney at Work

OCTOBER 11, 2022

Lawyer flat fee billing can be tricky. While most of my billing comes from traditional hourly rates for matters, I have always used flat fees for certain client demands such as residential real estate transactions and basic estate planning. These include fixed fees, alternative fee structures, and contingency fees, among others.

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CARET Legal

APRIL 30, 2025

Inaccurate data entry can result in incorrect invoices, delayed payments, and damaged relationships with clients. Slow Payments Disrupt Law Firm Cash Flow Getting paid on time is a challenge for many law firms. With so much focus on delivering quality legal work, billing can often take a backseat.

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Law Firm Law Firms Laws Legal 52

CARET Legal

APRIL 25, 2025

Firms that manage consistent billing, accurate time tracking, and reliable financial systems well can respond more effectively to rising costs and shifting caseloads. Billing systems that dont sync with payments only make it harder to stay on top of collections. Financial problems rarely make a loud entrance.

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Law Firm Law Firms Laws Legal 73

CosmoLex

JANUARY 15, 2025

One way your law firm can improve the client experience is by offering flexible, inclusive lawyer payment methods. Fortunately, legal billing software is designed to help lawyers adapt to shifting client payment preferences while guaranteeing compliance with federal and state bar regulations.

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Lawyer Lawyers Law Firm Law Firms 52

Diane Drain

MARCH 7, 2022

CFPB Estimates $88 Billion in Medical Bills on Credit Reports Prepared Remarks of Director Rohit Chopra on New CFPB Medical Debt Report. Today, the CFPB released a report on medical billing and collection practices in our country. Medical bills are the most common debt in collections reported on our credit reports.

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CosmoLex

JANUARY 22, 2025

Between calculating bills, sending individual invoices, and client follow-up, payment collection efforts take tremendous time and energy. Many law firms use more than one tool to collect their payments. Below, well provide insight into the best practices and trends for payment collection success in 2025.

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Law Firm Law Firms Legal Legal 52

Rocket Matter

DECEMBER 16, 2024

That stress can quickly get in the way of your firms financial healthbut theres no time like the end of the year to evaluate your billing and start making improvements. If you dont know where to start, here are a few tips for tidying up your billing and conducting a financial review. Start accepting payments online!

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CARET Legal

MARCH 5, 2025

Without the right tools, billing can prove an obstacle to addressing growing client demands and increasingly complex fee structures – stalling your firms growth trajectory. Here are some strategies for simplifying billing with an LPMS: 1. These can be reused each billing cycle to keep invoicing consistent.

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MyCase

NOVEMBER 1, 2024

Legal billing and invoicing can be especially time-consuming due to the documents, communication, and level of detail needed to keep everything on track. We’ll also review the benefits of using templates and provide tips for improving your legal billing system. Then, they charge clients from the retainer.

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CARET Legal

APRIL 23, 2025

Errors creep in, payments get delayed, and its tough to know where you stand. Inconsistent Billing and Payment Tracking Jumping between platforms to manage invoices and payments creates confusion. Native accounting changes that by bringing everything together to give you a full picture of your firms financial standing.

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Finance Law Firm Law Firms Legal 57

JURIST

SEPTEMBER 17, 2021

The New York City Council proposed a bill in May to require food delivery apps to share customer data with restaurants. The bill took effect on August 29. Door Dash now charges restaurants 15 to 30 percent commission based on the restaurant’s chosen payment plan. Door Dash, Inc.

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Laws Small Business Legal Legal 193

Rocket Matter

NOVEMBER 26, 2024

One aspect of business that can gobble away at this valuable time is ineffective payment management. The traditional legal payment process is full of time-consuming steps. This blog explores why law firms are adopting digital payment solutions and how these tools can streamline your payment processing efforts.

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Attorney at Work

JANUARY 28, 2022

Rocket Matter helps law firms be more productive than ever while managing their high volume of matters and monthly billing with ease. As mid-sized and large law firms transition to the cloud, they’re seeking more sophisticated billing options than what currently exists in many cloud-based legal billing applications.

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Law Firm Law Firms Legal Legal 243

NCBA Law Practice Management Blog

AUGUST 31, 2024

That’s largely because, while attorneys have been able to build out most of the payment process, the last part – you know, the part where the law firm actually gets paid – is still most ly entirely dependent on the client. So, the lawyer sends a bill, and waits. So, the lawyer sends a bill, and waits. And then, they wait.

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Diane Drain

APRIL 16, 2022

For many people, refunds represent the largest one-time payment they will receive all year. A bill before Arizona lawmakers, Senate Bill 1222, would change that by exempting federal tax refunds from the list of personal assets used to pay off debts. But Kyle and his family won’t receive their refund money this year.

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Laws Attorney Small Business Finance 211

Paralegal Bootcamp

MARCH 18, 2022

The extent of your client’s injuries and the amount of insurance coverage available will largely drive your ability to negotiate a reduction in their bills and liens. Our goal is to help maximize our client’s recovery because they incurred these bills through no fault of their own. How can we help our clients?

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MyCase

NOVEMBER 6, 2024

Block billing is a billing practice where attorneys group multiple tasks into a single time entry instead of separately detailing each task. It can lead to confusion and client disputes over charges, as it lacks the transparency that detailed billing provides. What Is Block Billing?

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Above The Law

APRIL 22, 2025

But that doesn’t tell the whole story because among the biggest firms — the ones hoovering up nearly half the legal spend — the median partner billed at a rate 61 percent higher than the median partner in the next tier of firms. And how have the firms responded? Partner rates rose another 5.1 And the big firms know it.

Legal 101

Legal Legal Lawyer Lawyers 101

CARET Legal

NOVEMBER 12, 2024

According to the 2025 In-House Legal Budgeting Report from Axiom and Wakefield Research, 96% of general councils said they expect “AI will meaningfully reduce costs within their legal department.” As we step into 2025, we’ll continue to experience technological evolution at an unprecedented pace that will reshape how law firms operate.

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Legal Technology Solution Technology Document Review Legal 122

Attorney at Work

MAY 17, 2022

Understanding the four stages of the buyer journey can point to ways to improve your marketing, practice management and payment systems. It’s no secret that we live on the internet these days. An estimated 1.92 billion people worldwide purchased goods or services online in 2019. Goal: A Transparent, Speedy and Seamless Buyer Journey.

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