CARET Legal

SEPTEMBER 16, 2024

Embedding innovation into a law firm’s culture requires a deliberate and strategic approach. Innovation in law firms is essential for enhancing client satisfaction, improving profitability, and staying competitive. Embedding innovation into a law firm’s culture requires a deliberate and strategic approach.

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ABA Journal

JANUARY 14, 2022

Elevate, a nonlawyer-owned alternative legal services provider, has been approved to operate in Arizona in tandem with an integrated law firm, the company announced…

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ABA Journal

JANUARY 25, 2023

A subsidiary of legal services provider Axiom Global will open as an Arizona law firm, thanks to its approval of as an alternative business structure…

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Attorney at Work

SEPTEMBER 2, 2022

Sooner or later, every lawyer in solo or small firm practice asks themselves whether they should create a law firm website — or how long they can put it off. Maybe you have started by claiming a free Google business profile for your law firm and using social media to connect with potential clients.

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CosmoLex

NOVEMBER 8, 2024

But not all legal CRMs are created equal. Look for these six features when choosing a legal CRM—and put them to work for your law firm. Download the Infographic Now 1. Implement an effective design and layout A clean, easy-to-navigate interface can establish trust and demonstrate professionalism within seconds.

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Rocket Matter

SEPTEMBER 24, 2024

Get free e-book Efficient billing is crucial for the smooth operation and profitability of any law firm. LEDES billing offers a solution by providing a standardized approach to legal invoicing, enhancing accuracy and consistency. LEDES, pronounced as "leeds," stands for Legal Electronic Data Exchange Standard.

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NCBA Law Practice Management Blog

MARCH 24, 2022

Small law firms generally have it pretty good, in that they’ve mostly had to compete only against other small law firms, that aren’t particularly innovative either , and that also don’t spend money aggressively to build their businesses. So, yes: Walmart can open law firms. That’s a whole new ball game.

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CARET Legal

MARCH 13, 2024

In 2024, improving law firm efficiency is as important as ever as firms continue to face increasing pressure to improve performance, deliver services efficiently, and reduce costs. Law firms that fail to adopt strategies to improve efficiency risk falling behind their competitors.

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CARET Legal

MARCH 27, 2024

As a boutique law firm, your specialized legal services have undoubtedly carved a unique space within the legal landscape. However, the administrative tasks integral to managing a small or specialty law firm can often pose significant challenges. Enter practice management software.

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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.

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LawTechnologyToday

AUGUST 16, 2021

Technology continues to flourish in the legal community as online marketplaces provide impressive transparent legal support services to law firms. Marketplaces are the ultimate way for legal support services to improve systems with unique and time-saving features. Vetting of service providers.

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Attorney at Work

OCTOBER 16, 2022

As more states are allowing law firms to use trade names instead of maintaining the outdated requirement that firms be named after current or former partners, you may be considering rebranding your firm. Wait for the State to Approve Your Law Firm Trade Name 6. Call the Bank Again 7.

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LawSites

APRIL 5, 2023

From appointment reminders to case updates, here are the six types of emails that ensure you’re providing top-notch service to your clients. Email communications are a cornerstone of running a modern law firm. According to the American Bar Association, 41% of law firms use email marketing. once a month).

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LawSites

JANUARY 9, 2024

The Thomson Reuters Institute, in its 2024 Report on the State of the US Legal Market , released today in partnership with the Center on Ethics and the Legal Profession at Georgetown Law ( whose URL returns a page not found), uses Pan Am’s story to drive home a simple point for U.S. law firms: Innovate or die.

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Attorney at Work

MARCH 10, 2022

With the right strategy, you can build your brand authority while establishing relationships with potential clients and other legal professionals. Since implementing a successful social media strategy can take some trial and error, here are some basic social media tips for law firms. Nearly four billion people use social media.

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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?

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InHouseBlog

JANUARY 17, 2023

Law firm rate hikes have caused shock and awe in corporate legal departments from time immemorial. The latest rounds have been a doozy, especially taking into consideration macroeconomic trends and a shift in leverage from client to firm.

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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.

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LawSites

MAY 19, 2023

Transforming your law practice to go fully virtual requires careful planning and the right tools, says Annette Choti, a lawyer for more than two decades who now advises law firms on digital marketing and growth strategies through her company Law Quill.

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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.

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JURIST

MARCH 22, 2023

This dispatch is from Samar Veer, a third-year law student at National Law University, Delhi. In a major departure from longstanding policy , the Bar Council of India (BCI) last week issued a notification permitting foreign law firms and foreign lawyers to advise clients on broad foreign law and international arbitration issues.

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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?

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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.

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CARET Legal

MAY 1, 2024

Say goodbye to information overload with Quick Summary Combining AI for contract analysis with CARET Legal’s drafting capabilities enables law firms to not only expedite their contract-related workflows but also to elevate the overall quality of their legal documents.

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Law Firms Law Firm Document Review Legal Research 73

LawSites

JANUARY 10, 2024

In a marriage of pro bono platforms, Paladin , a company whose platform connects lawyers with opportunities to provide free legal help, has acquired Pro Bono Manager , a product developed by Pro Bono Net to enable large law firms to manage and measure their pro bono programs.

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LegalTalkNetwork

JUNE 28, 2022

Law firm pricing is one of the most important aspects of running a legal practice, and is one of the most important factors to potential clients. Pricing not only affects how your clients view the value they receive from your services, but it also affects whether or not clients will hire your firm at all.

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LawVu

OCTOBER 8, 2024

In-house legal vs law firms: Choosing a career path Are you considering an in-house legal career? Understanding the differences between working in an in-house legal department and a law firm (otherwise known as private practice in some jurisdictions) is critical to making a well-informed decision.

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CARET Legal

AUGUST 26, 2024

Regularly checking in on your payment trends, arming yourself with the right tools, and getting your team on board can work wonders for your firm’s financial health. Understanding your law firm’s financial health lies in identifying and analyzing payment trends.

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Rocket Matter

SEPTEMBER 1, 2024

This is a question many people practicing law strive to answer. The truth is, law firm automation can significantly reduce the time lawyers spend on non-billable work. In this guide, we’ll explore the benefits of legal workflow automation and provide practical tips for implementing it in your law firm.

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My Shingle

MARCH 17, 2022

Once a novelty, subscription legal services are fast becoming a growing trend, with many law firms giving serious consideration to offering subscription services. You could…

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Attorney at Work

SEPTEMBER 15, 2021

Using legal data for strategic law firm planning is no longer reserved for BigLaw. For law firms, it’s critical to gather intelligence about real-time trends that are creating sharp and sudden changes as well as longer-term trends affecting the overall health of your markets. Long-Term Trends.

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Attorney at Work

FEBRUARY 8, 2022

Depending on your point of view, there’s either lots new or “not so much” new with law firm ownership. In a nutshell, it says that lawyers must own law firms. But critics contend the rule contributes to low innovation and the high cost of services and is a considerable factor in the country’s access to justice problem.

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Attorney at Work

SEPTEMBER 23, 2022

How can you keep good people from leaving your firm — quietly or otherwise? Here’s how to turn law firm hiring and retention challenges to your advantage. Law firms are no exception. As Lawyers Seek Greener Pastures, Talent Retention Becomes Law Firms’ Top Concern. Flip the Script on Geography.

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CosmoLex

AUGUST 12, 2024

Digital marketing costs for lawyers have increased in recent years, due to more competition between law firms for cost-per-click advertising and stricter data privacy laws. Clients tend to stick with law firms when they offer high-quality services, make the effort to engage clients, and remain transparent about costs and fees.

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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.

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LawTechnologyToday

AUGUST 1, 2023

In an evolving legal environment with market competition at an all-time high, the technical competence of law firms and legal departments of large organizations have to be top notch. Outsource non-core processes: Outsourcing of non-core processes by law firms have a proven track record of resulting in cost reduction.

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JURIST

FEBRUARY 15, 2022

In an open letter , 21 Canadian laws firms Monday urged the government to “respond meaningfully to the crisis in Afghanistan.” The post Canada law firms urge government to assist Afghan evacuees appeared first on JURIST - News.

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