Remove Document Management Remove Finance Remove Laws
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. A law firm split inherently comes with a lot of moving parts. Using a legal practice management software (LPMS) is one of the easiest ways to plan and execute a successful firm split.

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. Law firms may split for many reasons, whether it be partner disagreements, strategic restructuring, or a shift in business direction. Whatever the cause, splitting a law firm can be chaotic.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

CosmoLex

Integrated accounting software is a vital tool for modern law practices. This software understands how law firms work and can make daily accounting workflows and overall client and financial management more efficient. For law firms, however, this increases labor and operational costs.

article thumbnail

Future-Proof Your Practice: A Guide to Law Firm Succession Planning

Rocket Matter

The post Future-Proof Your Practice: A Guide to Law Firm Succession Planning appeared first on Rocket Matter. According to a 2013 Law Firms in Transition Survey , the answer for most firms is usually concerning. Less than 30% of practices have formal law firm succession planning protocols in place.

article thumbnail

9 Powerful Benefits of a Document Drafting System

Knackly

In todays fast-paced, tech-driven world, doing everything manually just doesnt cut it anymoreespecially when it comes to drafting documents. Whether youre in a law firm, a corporate legal department, or any business that produces contracts regularly, a document drafting system can be a game-changer.

article thumbnail

Law Firm Management: Key Insights and Strategies for Success

Rocket Matter

The post Law Firm Management: Key Insights and Strategies for Success appeared first on Rocket Matter. Get free e-book Legal brilliance alone doesn't guarantee the success of a law firm. Running a thriving practice requires a strong foundation in law firm management. Financial Oversight. Operational Efficiency.

article thumbnail

Preparing Your Firm for Growth with Rocket Matter CRM

Rocket Matter

Law firm growth happens when you bring in new business and nurture your current client base. Download free guide Rocket Matter’s unique CRM features and scalability Rocket Matter isn’t just any CRM—it’s designed specifically for law firms. Disconnected systems can lead to inefficiencies and errors.