LawSites

JUNE 8, 2021

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms.

Law Firms 98

Law Firms Law Firm Document Review Laws 98

LawSites

JUNE 24, 2022

For the last seven years, Mighty has been a legal technology company operating a portal that helps personal injury law firms interface more seamlessly with the lienholders, such as medical providers, who have claims against their clients’ recoveries. Tackling PI Law’s ‘Incentive Problem’. Faustian Bargain.

Legal Services 98

Legal Services Legal Legal Law Firms 98

LawSites

SEPTEMBER 28, 2021

Recent headlines in the financial press are replete with stories about the new boom in buy now, pay later financing for retail purchases, with many retailers, including Walmart, the nation’s largest, now offering these point-of-sale loans. The maximum amount a client will be able to finance through the service is $15,000.

Finance 131

Finance Law Firms Law Firm Legal 131

Above The Law

JANUARY 27, 2025

Did you ever sit down, watch “Shawshank Redemption,” and think to yourself: There are real lessons in here for how I should manage my law firm? The managing partner of a midsize San Francisco law firm makes her Non-Eventcast debut, in what may be our most colorful episode ever. You thought we were kidding?)

Law Firms 84

Law Firms Law Firm Real Estate Laws 84

LawSites

MAY 30, 2023

In a first for an e-discovery technology company, Chicago-based Nextpoint is launching an Arizona law firm June 1 under that state’s liberalized law practice rules that allow non-lawyers to own law practices. ” Leading the firm as managing partner is Andrew R.

eDiscovery 98

eDiscovery Law Firms Law Firm Document Review 98

Above The Law

MARCH 19, 2025

Trust accounting is a critical but often overlooked aspect of financial management for many law firms. In a recent MyCase webinar , Florida attorney and legal performance coach Audrey Ehrhardt explored trust accounting best practices and provided actionable tips to enhance financial operations. Image courtesy of AffiniPay.

Lawyers 73

Lawyers Lawyer Law Firms Law Firm 73

Attorney at Work

AUGUST 7, 2022

Stop thinking you’re smarter than the finance folks at Netflix when it comes to setting rates. While there are myriad ways to market legal services, digital or otherwise, most lawyers still get the vast majority of their new clients the old-fashioned way: referrals from former clients or other lawyers and professionals.

Legal 300

Legal Legal Divorce Lawyers 300

LawTechnologyToday

JANUARY 11, 2022

By introducing and communicating payment plans centered around the client and their experience, law firms can avoid chasing clients for bill payments. . According to the 2021 Legal Trends Report , 81% of consumers prefer to pay their legal fees via a payment plan. Know when to offer payment plans.

Law Firms 79

Law Firms Law Firm Laws Legal Services 79

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.

Lawyers 134

Lawyers Lawyer Legal Legal 134

CosmoLex

JANUARY 15, 2025

A positive client experience extends beyond relationships its about making legal processes, from client intake to case closing , easier and more manageable for the people you serve. One way your law firm can improve the client experience is by offering flexible, inclusive lawyer payment methods.

Lawyers 52

Lawyers Lawyer Law Firms Law Firm 52

MyCase

JUNE 27, 2024

In this article, we’ll explore the foundational aspects of law firm spend management. We’ll cover: What spend management is How law firm spend management systems can benefit your practice What to look for when choosing the right law firm spend management software for your business. What is Spend Management?

Law Firms 52

Law Firms Law Firm Laws Finance 52

Rocket Matter

JULY 25, 2024

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. Consider a seasoned litigator who excels in the courtroom—their legal acumen is undoubtedly impressive. Financial Oversight.

Law Firms 59

Law Firms Law Firm Laws Case Management 59

CARET Legal

APRIL 24, 2024

A must-have feature of legal practice management platforms, case management software, centralizes all your case files, communications, billing, and scheduling in one platform — it’s truly like having a command center for your law firm. The benefits of such software are numerous. Let’s talk about document automation.

Legal Technology Solution 119

Legal Technology Solution Technology Legal Legal 119

LawTechnologyToday

MARCH 23, 2021

You can find all of the Division’s books in the four core areas of management, marketing, finance, and of course, technology, here. What is the main message of How Successful Law Firms Really Work ? The main message of the book is to help attorneys develop and implement processes to run a successful law firm.

Law Firms 54

Law Firms Law Firm Laws Human Resources 54

MyCase

JUNE 17, 2024

Managing law firm expenses is vital for understanding your firm’s financial health and optimizing profitability. This understanding is crucial for legal professionals to gain a comprehensive view of the firm’s financial operations and ensure its sustainability for long-term success.

Law Firms 52

Law Firms Law Firm Laws Legal Services 52

LawSites

JULY 25, 2023

Nextpoint recently became the first e-discovery company to launch a law firm , launching Nextpoint Law Group in Arizona under that state’s liberalized practice rules that allow non-lawyers to own law practices.

eDiscovery 98

eDiscovery Law Firms Law Firm Technology 98

MyCase

JULY 6, 2022

Setting law firm financial benchmarks may seem like an unnecessary task. This piece reveals the background of financial benchmarking, the process of productively setting benchmarks, and financial benchmarking tools your firm can implement today. . Law firms are no exception. How Does Financing Differ for Law Firms?

Law Firms 52

Law Firms Law Firm Laws Attorney 52

CARET Legal

FEBRUARY 20, 2025

The goal isnt just to minimize disruptionits to set each firm up for long-term success while maintaining client trust and operational continuity. Navigating a law firm split requires careful planning, clear communication, and the right tools to ensure a smooth transition.

Legal 98

Legal Legal Calendaring Law Firm 98

MyCase

JUNE 17, 2024

Managing law firm expenses is vital for understanding your firm’s financial health and optimizing profitability. This understanding is crucial for legal professionals to gain a comprehensive view of the firm’s financial operations and ensure its sustainability for long-term success.

Law Firms 52

Law Firms Law Firm Laws Legal Services 52

MyCase

AUGUST 22, 2022

A boutique law firm’s case management process provides a different experience for lawyers and clients. . In this article, we’ll uncover what you need to know about boutique firms, such as: What is a boutique law firm and what is biglaw? How boutique law firms differ from biglaw firms.

Law Firms 52

Law Firms Law Firm Laws Case Management 52

Paralegal Bootcamp

MAY 6, 2022

Paralegals and legal assistants held about 345,600 jobs in 2020. The largest employers of employees and legal assistants were as follows: Legal Services 73%. Finance and Insurance 3%. Obtaining a legal certification or a degree as a paralegal offers an opportunity to seek a variety of career opportunities.

Paralegals 246

Paralegals Paralegal Legal Assistance Legal Assistant 246

CosmoLex

AUGUST 20, 2024

Cash and accrual basis accounting are both methods for recording law firm transactions. Effective law firm accounting , which includes adopting the most appropriate accounting method for your firm, impacts financial health, growth potential, and compliance and sets you up for long-term financial success.

Law Firms 52

Law Firms Law Firm Laws Legal Services 52

Rocket Matter

NOVEMBER 20, 2024

Download free guide What makes a website “good” for a law firm? Law firm websites aren’t only there to be visually appealing. Local SEO is another large piece of the puzzle for law firms. Keep it secure Your law firm deals with sensitive client info, so security is non-negotiable.

Law Firms 52

Law Firms Law Firm Legal Legal 52

MyCase

SEPTEMBER 16, 2024

Key takeaway: Law firm accounting is a process that involves meticulous recordkeeping to comply with regulations set out by local jurisdictions and the American Bar Association (ABA). Detailed information is crucial to reaching your law firm’s financial goals and maintaining client transparency.

Law Firms 52

Law Firms Law Firm Laws Legal 52

MyCase

DECEMBER 15, 2022

Today is the day that you’re ready to open a law firm of your own. And so on In this overview, we’ll detail how to start a law firm using practical “small” steps, so you don’t put off the idea for yet another year. What Should You Consider Before Starting a Law Firm? Consider the points listed below.

Law Firms 52

Law Firms Law Firm Laws Lawyer 52

MyCase

DECEMBER 15, 2022

Today is the day that you’re ready to open a law firm of your own. In this overview, we’ll detail how to start a law firm using practical “small” steps, so you don’t put off the idea for yet another year. This includes what to consider before starting, the costs, and practical tips on how to open a successful law firm. .

Law Firms 52

Law Firms Law Firm Laws Lawyer 52

Rocket Matter

OCTOBER 15, 2024

Get free e-book When considering how to grow a law firm and the investment in technology that today’s expanding digital landscape needs, statistics put everything into some sort of perspective. Technology is already reshaping the way legal services are delivered and managed.

Law Firms 52

Law Firms Law Firm Laws Technology 52

LawSites

JULY 28, 2021

Priori Legal , a marketplace for in-house legal teams to find and hire outside counsel, is expanding to also serve as a marketplace for legal technology and alternative legal services providers. Factor , the alternative legal services provider that describes itself as delivering complex legal work at scale.

Legal Technology Solution 105

Legal Technology Solution Legal Legal Lawyers 105

Rocket Matter

SEPTEMBER 20, 2023

Why settle for a one-size-fits-all template when your law firm is anything but generic? For example, most generic templates aren’t optimized for local SEO, a crucial factor for law firms that rely on clientele in their geographic area. The truth is that not all websites are created equal.

Law Firms 52

Law Firms Law Firm Laws Legal 52

MyCase

SEPTEMBER 30, 2024

Key takeaway: Law firm accounts receivable is the money clients owe after a law firm delivers legal services. However, some law firms struggle to receive on-time payments and may not receive payments until well past the due date. What is Law Firm Accounts Receivable Management?

Law Firms 52

Law Firms Law Firm Laws Legal 52

MyCase

JULY 29, 2022

Managing an organized law firm chart of accounts is crucial for maintaining your business’s overall financial health and meeting strict legal ethics requirements. This begins by creating a comprehensive list of all your firm’s cash inflow and outflow items. . What is a Law Firm Chart of Accounts?

Law Firms 52

Law Firms Law Firm Laws Personal Injury Lawyer 52

LawSites

DECEMBER 29, 2021

If a law firm is unable even to decide whether its staff should return to the office, or when that return should happen, or how to structure that return, then how can that firm implement lasting and innovative changes in its technology infrastructure and systems? This is not to say that 2021 was without innovation.

Legal 145

Legal Legal Legal Services Technology 145

Rocket Matter

OCTOBER 29, 2024

Embracing this trifecta can elevate your firm’s productivity, leading to more effective operations and enhanced efficiency. That means you can focus on what’s most important: delivering exceptional legal services to your clients. Rocket Matter is here to help! Get free guide See More

Legal 52

Legal Legal Law Firms Law Firm 52

CosmoLex

DECEMBER 11, 2024

Small to medium-sized law firms cant survive if they dont find ways to be agile, more productive, and deliver excellent serviceall while reducing costs. For many firms, outdated processes and inefficient workflows slow down day-to-day law firm operations and take time away from high-value client work.

Law Firms 52

Law Firms Law Firm Laws Legal Technology Solution 52

LawSites

OCTOBER 14, 2022

On the heels of raising an $8 million Series A financing round in May, Paladin , a legal technology company whose platform enables law firms and legal services organizations to manage their pro bono programs and opportunities, has named two legal industry veterans to its board to help it usher in a new phase of growth. .

Law Firms 95

Law Firms Law Firm Technology Legal Services 95

MyCase

JULY 27, 2021

This annual survey provides data, analysis, and insight on legal trends, with the 2021 Report including data obtained from 700 legal professionals across nine European countries and the U.S. from a broad range of law firms and legal departments.

Technology 98

Technology Law Firms Law Firm Contract 98

LawSites

FEBRUARY 5, 2024

In the blur of activity that was last week, I attended two legal tech conferences, plus an adjacent legal technology summit. After starting the week in New York at the glitzy celebration of big law tech that is Legalweek , and ending it in Charlotte, N.C., Let’s be generous and call it the top 10% of the population.

Legal 141

Legal Legal eDiscovery Technology 141