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Legal analytics provides actionable insights that help optimize workflows, enhance client relationships, and boost overall firm performance. The ability to harness data analytics is rapidly becoming a key differentiator for lawfirms. Consistently tracking this metric allows firms to streamline case workflows.
The Legal Profession Can Be a Journey to Bigger and Better Opportunities By Chere B. Now, youve started circling Indeed and LinkedIn, reached out to legal recruiters and are quietly scanning job listings. Now, youve started circling Indeed and LinkedIn, reached out to legal recruiters and are quietly scanning job listings.
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We often hear lawyers say they went to law school to study law, not to learn how to run a firm. When faced with challenging daily tasks, such as managing invoices and reconciling trust account transactions, even the most brilliant legal minds struggle to build a successful practice. . Save time .
Speakers: Erica Birstler, Vice President at CosmoLex Legal. Many lawyers think that trust accounting can be managed easily by following just a few best practices. But improper trust accounting (whether by accident or fraud) is one of the top reasons lawyers find themselves in trouble both financially and professionally.
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Our opening keynote speeches by Jim McGinnis, CEO, MyCase and Tressa Schultze, Head of Product, MyCase detailed exciting technological advances for the future of MyCase and the steps we’re taking to help lawfirms thrive by using technology they love. Feature Announcements: MyCase Drive and MyCase Accounting.
As I survey the legal profession broadly, and the world of legal tech and innovation specifically, I see uncertainty and inertia. It is as if we are serving time in a legal tech limbo. After all, it was a good year for the legal tech industry. Overall, the legal tech industry saw unprecedented growth.
For lawfirms, streamlined, effective legal billing software is incredibly important, since the more efficient your firm’s billing processes are, the more quickly your firm will get paid. When legal billing processes run smoothly, invoicing legal clients can be a painless – and fruitful – endeavor.
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If you’re reading the Rocket Matter blog, it’s safe to say that you want your firm to succeed in 2023. And it’s only natural to assume that buying whatever project managementsoftware is popular at other firms you admire might help you meet that goal. . Did you make a list of firm-related New Year’s Resolutions?
This blog post was contributed by Trevor McCandless, CPA, MTax, Fusion CPA. Keep reading and we’ll explain how to use each of the forces of scaling for faster, more efficient lawfirm growth. What are the most common mistakes lawfirms make when implementing strategies for scaling their practice?
Lawyers have used software to help them practice law and run their firms for many years. The types of software that lawyers have used since the 1990s has run the gamut, from legal research and dictation tools to software for word processing and legal billing. The rise of cloud computing.
Learn how big tech has changed the legal industry Free Guide The Small Firm’s Guide to Big Tech While any change in how you operate your law office can feel overwhelming, there’s never been a better time to start migrating your office structures online. So, what’s involved in how to start a lawfirm? You got it.
Although lawfirms face several day-to-day challenges, the biggest one is to set up a process to get paid promptly. . So, how can small firms: invoice clients in a hassle-free manner? Fortunately, legal payments software has changed that. This convenient tool will save your lawfirm both, time and money.
4 security audit checklists for preventative risk management. A thorough security audit will evaluate the security of a system’s physical configuration, and environmental, software, and information handling processes and user practices. As an operations manager, an internal audit will be the most relevant to you and your teams.
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Although many firms invest in security for their storage and archiving systems to protect existing documents, too many ignore the great vulnerability that faces their email data, avoiding the implementation of email encryption. The National Law Review reported that the average cost of data compromises reached $4.24M per breach in 2021.
The primary aim of artificial intelligence (AI), particularly in the legal industry, is to streamline operations that traditionally require extensive human intervention. This shift is not just about saving time or cutting costs; it’s about enhancing the precision and effectiveness of legal services.
In today’s tech era, your lawfirm’s website is more than just a digital billboard for your practice—it’s your very identity online. From lead generation to client management, billing, and even providing legal insights, your website can—and should—do it all. In fact, you could say you ARE your website.
As competition grows fiercer in today’s legal sector, lawfirms are confronted by the new reality that they can no longer just rely on the quality of their legal services. In this guide, we’ll explore proven lawfirm marketing strategies that will help you strengthen your practice.
Forty years ago, lawfirms could buy an ad in the Yellow Pages (remember those giant tomes?) These days, the number one way for prospective clients to find your lawfirm is through an online search (and probably on a mobile device). and the calls would come rolling in.
Whether now or at some point in the future, your firm will eventually need to raise its rates to keep up with inflation and maintain profitability. Think about it: food prices went up about 10% last year, plus roughly another 6% this year , and anyone who isn’t getting paid more is surely feeling the pinch. Businesses are, too.
As I survey the legal profession broadly, and the world of legal tech and innovation specifically, I see uncertainty and inertia. It is as if we are serving time in a legal tech limbo. After all, it was a good year for the legal tech industry. Overall, the legal tech industry saw unprecedented growth.
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As of a 2023 legal industry study , there are over 50,000 personal injury lawyers and attorneys currently operating in the United States. Is your firm doing what it takes to stand out from the competition? Personal injury lawyer marketing is the strategic promotion of your legal services to attract clients and grow your practice.
Virtual assistants specialize in various industries such as marketing, real estate, accounting, law or financial services. Firms often hire virtual assistants to save money. You can become a generalist or specialize in a legal specialty such as bankruptcy, litigation, real estate, estate planning or corporate.
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. “I’ve been asked to consult with the head of people management about creating an analytics team. “We here in the office believe that people management is…” He glances around, nervously, leans closer and whispers, “We believe they’re really… human resources ! They’re expecting me.”
In our recent customer spotlight, MyCase customer Rahlita Thornton demonstrated how the integrated MyCase Payments solution removes barriers to client payment while also reducing her firm’s time spent on administrative work by 12 hours per month. She is an accident and family law attorney in Houston. What area of law?
In our recent customer spotlight, MyCase customer Rahlita Thornton demonstrated how the integrated MyCase Payments solution removes barriers to client payment while also reducing her firm’s time spent on administrative work by 12 hours per week. She is an accident and family law attorney in Houston. What area of law?
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