CARET Legal

JUNE 26, 2024

The Growing Pains of ERP Systems Law firms face specific challenges when utilizing ERP systems, like creating an organized case management process, easily switching between specialized billing methods, and leveraging automation features to handle admin activities. The crux of the problem lies in the generic nature of ERP systems.

Law Firm 119

Law Firm Law Firms Calendaring Laws 119

Attorney at Work

JUNE 6, 2022

Anticipating client needs has always been a key component of good lawyering. Law Firm Innovation: Accessing patent data, tackling the changing court schedules and following judicial deadline extensions are just a few variables that businesses and lawyers are handling during the global pandemic.

Law Firm 285

Law Firm Law Firms Laws Attorney 285

LawSites

JANUARY 26, 2024

The company says it will use this new capital to accelerate revenue growth, expand electronic filing capabilities, enhance integrations with legal industry case management software, and more deeply embrace AI to create additional efficiencies for its users. venture capital firm Payment Ventures. CEO Chris Ford.

Finance 75

Finance Legal Legal Law Firms 75

Paralegal Bootcamp

MAY 6, 2022

Finance and Insurance 3%. She received her paralegal certificate from the ABA-Approved Roosevelt University’s Lawyer Assistant Program. The largest employers of employees and legal assistants were as follows: Legal Services 73%. Federal Government 5%. Local government, excluding education and hospitals 4%.

Paralegal 246

Paralegal Paralegals Legal Assistant Legal Assistance 246

LawVu

NOVEMBER 10, 2024

Documents : Legal matters typically involve documentation of some description, from simple emails, letters, and contracts to extensive bundles of evidence in litigation cases. However, using systems which are built to manage them in silo can inhibit the ability of corporate legal teams to gain control over all their work.

Legal 52

Legal Legal Document Review Project Management 52

Rocket Matter

FEBRUARY 20, 2025

However, even though you can attract quality leads through Google Ads, there are a few hurdles many lawyers face when implementing it. Think: high competition, managing keyword selection, and calculating return on investment (ROI). Many personal injury lawyers and law firms also advertise for the same keywords.

Law Firm 52

Law Firm Law Firms Personal Injury Lawyer Personal Injury 52

MyCase

OCTOBER 4, 2024

Below, we’ll go over 65 lawyer statistics around labor, legal demographics, technology, finance, and stress. 2024 Legal Industry Trends Report ) Lawyer Labor Statistics The future looks bright for lawyers as the profession is expected to grow over the next decade. 39% of women were lawyers in 2023 compared to 38% in 2022.

Lawyer 52

Lawyer Lawyers Law Firm Law Firms 52

LawSites

DECEMBER 15, 2021

Lawmatics , a company whose platform provides client relationship management (CRM), client intake and marketing automation for attorneys, has closed a $10 million Series A financing round, it is announcing today. The financing follows the San Diego-based company’s raise of a $2.5 million seed round in October 2020.

Lawyer 52

Lawyer Lawyers Legal Legal 52

MyCase

AUGUST 10, 2022

Many people study to become a lawyer because they covet a high salary—but where does that money come from? Those outside the legal field (or new to it) may not be familiar with how lawyers get paid or know that not all payments are created equal. How Do Lawyers Bill Clients?

Lawyer 52

Lawyer Lawyers Attorney Legal 52

Rocket Matter

NOVEMBER 26, 2024

For lawyers and firms, time isn’t just money—it’s one of their most important resources. 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. First, you calculate billable hours for each client.

Legal 52

Legal Legal Law Firms Law Firm 52

MyCase

JULY 17, 2024

Lawyers, even those with a healthy caseload and many clients, might find themselves wondering why they’re struggling to turn a profit or keep the bills paid. For lawyers, calculating cash flow gets a little tricky since you’re not necessarily paid when the work is done, but after the client pays the invoice. Visibility is key here.

Law Firm 89

Law Firm Law Firms Laws Case Management 89

Rocket Matter

JANUARY 16, 2024

Ordering our morning coffee, tracking our fitness goals, and even managing fantasy football teams—they handle pretty much whatever we throw at them. They’re also a goldmine of mobile apps for lawyers. Note-taking wizards: Transforming legal note-taking As a lawyer, you take lots of notes. How do you keep track of them?

Lawyer 52

Lawyer Lawyers Calendaring Law Firm 52

CARET Legal

OCTOBER 17, 2024

With the right legal invoicing software, you can say goodbye to law firm billing disputes and hello to smoother client interactions The way a law firm handles its finances can make or break its success. For lawyers and paralegals alike, having reliable tools to record billable hours is crucial.

Legal 111

Legal Legal Law Firms Law Firm 111

LawTechnologyToday

NOVEMBER 25, 2022

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. . Fortunately, you don’t have to do it alone.

Law Firm 95

Law Firm Law Firms Calendaring Laws 95

LawSites

DECEMBER 29, 2021

Do lawyers return to the office or not? You can think of things like sales and finance. Others were blocked out of courts by archaic rules that prevented individuals without lawyers from filing documents electronically. We are stuck in a perpetual state of betwixt and between, a kind of innovation limbo.

Legal 145

Legal Legal Legal Services Technology 145

MyCase

APRIL 1, 2024

The technology landscape for lawyers is complex and continually evolving. There are several legal case management solutions on the market, many of which focus on different features. Legal Case Management Software Case management software centralizes and organizes client data while streamlining processes.

Legal Technology Solution 52

Legal Technology Solution Technology Legal Legal 52

CosmoLex

NOVEMBER 27, 2024

Why Integrated Accounting Software Is a No-Brainer for Law Firms In other businesses, processes like sales, accounting, finance, and client relationship management are typically separate departments. Not all lawyers or legal team members should have access to every case file.

Law Firm 52

Law Firm Law Firms Laws Legal Technology Solution 52

MyCase

JUNE 27, 2024

However, unlike a retail business, the ethical and financial limitations of legal finance management create some unique cost control challenges. With so much on their plate, oftentimes lawyers inadvertently take a set-it-and-forget-it approach for things like subscriptions and recurring services.

Law Firm 52

Law Firm Law Firms Laws Case Management 52

MyCase

OCTOBER 20, 2022

Your firm’s law office management and organizational procedures can mean the difference between running a profitable business or running your business into the ground. There are several complex components involved in successful law office management. Why is High-Quality Office Management Important? Staff workload and management.

Office Management 52

Office Management Law Office Laws Legal Technology Solution 52

MyCase

AUGUST 18, 2023

Most matter management software for law firms include built-in timekeeping features, making sure that billable hours are accurately recorded and invoiced. Matter management focuses on the overall organization, coordination, and tracking of all legal work. Case management is one aspect of matter management.

Legal 52

Legal Legal Law Firms Law Firm 52

MyCase

AUGUST 22, 2022

When imagining a successful lawyer, most of us picture the often glamorized biglaw lawyer. You know the type—nice office, big desk, fancy suit, and working long hours on a stack of case files. A boutique law firm’s case management process provides a different experience for lawyers and clients. .

Law Firm 52

Law Firm Law Firms Laws Case Management 52

MyCase

SEPTEMBER 14, 2021

The day-to-day tasks involved in running a successful law firm – including tracking deadlines, staying on top of client communications, overseeing your firm’s finances, and business development – can take up significant amounts of time. Running a law practice in isn’t easy. ” Billing and invoicing.

Law Firm 98

Law Firm Law Firms Laws Case Management 98

LawSites

DECEMBER 12, 2022

It started with a panel moderated by Ashton Newhall , partner with the StepStone Group, the fund integrator that earlier this year led the $108 million Series D investment in case management company Filevine, and with panelists Jack Abraham , founder, managing partner and CEO of Atomic, and Ed Sim , founding managing partner of Boldstart Ventures.

Legal 98

Legal Legal Finance Contract 98

Rocket Matter

FEBRUARY 24, 2023

Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time. Get free guide How to Master Your Law Firm’s Time and Billing Lawyers have a heavy workload. Get free guide See More

Law Firms 98

Law Firms Law Firm Laws Legal 98

MyCase

JULY 14, 2022

Lawyers are constantly on the move and often work on multiple cases simultaneously. In addition, time tracking software (explicitly built for lawyers) can reduce the last-minute scramble by providing your firm with tools for logging billable hours as it occurs. . Best Case-Management Software for Tracking Time.

Attorney 52

Attorney Case Management Law Firm Law Firms 52

Rocket Matter

JULY 25, 2024

Running a thriving practice requires a strong foundation in law firm management. However, without efficient case management, timely billing, and strong client relationships, their practice may struggle to reach its full potential. It involves several key areas, including: Case Management. Client Relations.

Law Firm 59

Law Firm Law Firms Laws Case Management 59

MyCase

DECEMBER 15, 2022

How to manage a small law firm. How is Managing a Small Law Firm Different From a Large Law Firm? When picturing a successful lawyer, you might imagine a Big Law attorney—pricey suits, expensive cars, leather suitcase in hand, taking the most high-profile cases with a big team. Financial Management.

Law Firm 52

Law Firm Law Firms Laws Calendaring 52

Rocket Matter

APRIL 25, 2023

If you’re like most lawyers at small or mid-sized firms, you spend a significant portion of your days feeling torn between the billable tasks that pay your salary and the administrative work that makes your billable hours possible. Get free guide How to Master Your Law Firm’s Time and Billing Lawyers have a heavy workload.

Legal 52

Legal Legal Law Firms Law Firm 52

MyCase

DECEMBER 19, 2022

Sharing deadlines and appointments with other lawyers and staff across your firm. Managing calendars from laptops, desktops, or mobile devices . This frees up hours to focus on billable tasks and managing client relationships. . Consider leaving appointment slots open for same-day or next-day appointments for cases like these.

Calendaring 52

Calendaring Law Firm Law Firms Laws 52

Rocket Matter

NOVEMBER 19, 2024

Wearing multiple hats - You won’t just be practicing law—you’ll also handle marketing, finances, and all the admin work that comes with running a business. Management Plan : Describe who will run the firm and how the firm ownership is structured. For multiple partners, a brief bio will be required for each lawyer.

Law Firm 52

Law Firm Law Firms Laws Legal 52

Rocket Matter

APRIL 4, 2023

Waiting until the end of the day to track your time can actually cost you money (in fact, it can actually cost a lawyer 10% of their billable time ). Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time.

Law Firms 52

Law Firms Law Firm Case Management Legal 52

CARET Legal

APRIL 3, 2024

Small Law Firm Revenue On the other hand, small law firms, typically those with fewer than 20 lawyers, exhibit a different financial landscape. Investing in a modern solution can provide valuable insights into your firm’s finances, helping you boost your profit margins and drive growth. So why wait?

Law Firm 85

Law Firm Law Firms Laws Legal 85

MyCase

JULY 29, 2022

For example, if you are a personal injury lawyer, your firm’s operating account is something your firm owns (the account itself) and receives economic benefit from (cash). This is known as Interest on Lawyers Trust Accounts (IOLTA) and listed as a segregated liability. . Compensation. Compensation is a more specific liability ledger.

Law Firm 52

Law Firm Law Firms Laws Personal Injury Lawyer 52

MyCase

AUGUST 16, 2022

While measuring the success of your firm’s operations, new business, and finances can often feel overwhelming, cloud-based legal software that features law firm financial dashboard analytics can simplify the process. . Set and Meet Your Goals With MyCase .

Law Firm 52

Law Firm Law Firms Laws Case Management 52

LawTechnologyToday

NOVEMBER 30, 2022

Technology is an integral part of every attorney’s day-to-day—from trial lawyers preparing for a case to transactional attorneys drafting and organizing documents. Case Management. Client Intake / Client Relationship Management (CRM). Document and Records Management. Appointment Booking . Client Portals.

Law Firm 93

Law Firm Law Firms Technology Legal Technology Solution 93

MyCase

DECEMBER 15, 2022

Start by calculating your personal/family finances. For more information, check out our charts on the average lawyer hourly rate , which is organized by city and state. Additionally, it may be best to start as a remote lawyer and slowly work into a physical office (if preferred). How Can I Ensure That I’m Financially Secure?

Law Firm 52

Law Firm Law Firms Laws Lawyer 52

MyCase

DECEMBER 15, 2022

Start by calculating your personal/family finances. For more information, check out our charts on the average lawyer hourly rate , which is organized by city and state. . Additionally, it may be best to start as a remote lawyer and slowly work into a physical office (if preferred). Interest on Lawyers Trust Account (IOLTA).

Law Firm 52

Law Firm Law Firms Laws Lawyer 52