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5 Small Changes That Can Improve Your Law Firm’s Cash Flow

Attorney at Work

The most successful law firms use a variety of best practices to manage their finances effectively, many of which can be implemented relatively quickly. Virtual Assistants. You can actually do a lot to boost your bottom line and keep your cash flow healthy and steady. In today’s world, digital has clearly become king.

Laws 251
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Lawyer Tech Tips: Things That Go Bump in Legal Tech!

Attorney at Work

Spoofed emails and websites based on legitimate contacts extract credentials granting access to sensitive information, finances or systems. Here are three tricks to keep an eye on this Halloween. Phishing and business email compromise.

Lawyers 300
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20 Useful Applications of AI & Machine Learning in Your Business Processes

The Process Street

Applications of AI in finance AI in finance has revolutionized the way financial institutions operate, providing numerous applications that enhance efficiency, accuracy, and decision-making. These are sometimes called fraud filters. This enhances the travel experience by providing tailored suggestions.

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Starting a Law Firm: Laying the Groundwork for a Smart and Successful Practice

Rocket Matter

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. Set Up Banking and Trust Accounts Getting your law firm’s finances in order is a crucial aspect of how to start a law firm. It’s your show. Need more family time?

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How to Start a Law Firm

MyCase

Start by calculating your personal/family finances. Set Up Financial Accounts Next, set up the necessary accounts to ensure that you’re in compliance when handling business finances and client funds. You can also hire virtual assistants as a fairly cost-efficient way to handle phone calls and admin activities.

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How to Start a Law Firm

MyCase

Start by calculating your personal/family finances. Next, set up the necessary accounts to ensure that you’re in compliance when handling business finances and client funds. You can also hire virtual assistants as a fairly cost-efficient way to handle phone calls and admin activities. . Wifi and phone bills.

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How to Save 6,000 Hours per Year with Business Systems Development

The Process Street

Finance : Activities that involve invoicing and payments. They can assign the steps to a virtual assistant or team member to do it all for them. I suggest writing a list of your departments before you begin writing your systems. It might look something like this: Marketing : Activities that increase awareness about the business.