article thumbnail

Arrear View Mirror: How to Collect More Money in Your Law Firm

NCBA Law Practice Management Blog

Law firms usually collect money in arrears, ie – we’ve done the work, now kindly pay us. A bill is sent to the client; then, the firm waits to get paid. And, it can be done in a law firm. To get started, visit Red Cave's NCBA landing page , and start running your law practice like a business.

Law Firm 246
article thumbnail

Balancing the Scales: Strategies for Addressing Pay Compression in Law Firms

The Estrin Report

Estrin I had lunch last week with a friend who is the Director of Administration at a top, major law firm. The firm had been seeking a litigation paralegal for months. You are most likely creating a sense of career stagnation which can lead employees to look outside your firm for advancement. Most law firms pay bonuses.

Law Firm 262
Insiders

Sign Up for our Newsletter

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

article thumbnail

That's Refreshing: When Did You Last Revise Your Law Firm Templates?

NCBA Law Practice Management Blog

It’s hard enough running a law firm, without having to schedule time and effort to revise the templates you use in your law practice. If you want to talk about better refining your law firm processes, you know who to call. So, most lawyers don’t take the time to do it at all.

Law Firm 223
article thumbnail

8 Strategies for Climbing the Law Firm Leadership Ladder

The Estrin Report

The post 8 Strategies for Climbing the Law Firm Leadership Ladder appeared first on The Estrin Report. He is also President of MediSums, an international medical records summarizing service for attorneys. A long-time Independent member of ALA, he has authored several articles and has been the guest speaker for many webinars.

Law Firm 246
article thumbnail

Legal Software Buyer's Guide for Personal Injury Law Firms

Paralegals are the nucleus of Personal Injury law firms. The right legal software has the potential to help Personal Injury firms focus more on the most important elements of their “jobs” and help streamline and automate the administrative side of the business. The most important features to look for in a legal software.

article thumbnail

Combo Platter: Law Firm Mergers Are on the Upswing

NCBA Law Practice Management Blog

According to a new report from Legal.io, law firm mergers are on the upswing, in 2024. The interesting part of that report, is just how many small firms are involved in the merger conversation. All me rgers were up 24% for Q1 of 2024; but, fully 65% of those mergers involved law firms with between 5-20 attorneys.

Law Firm 130
article thumbnail

How to Use Data Analytics In Your Law Firm

CARET Legal

Legal analytics provides actionable insights that help optimize workflows, enhance client relationships, and boost overall firm performance. The ability to harness data analytics is rapidly becoming a key differentiator for law firms. Reducing acquisition costs while maintaining quality clients leads to more sustainable growth.

Law Firm 107
article thumbnail

10 Must-Have Features of Plaintiff Personal Injury Case Management Software

In 2022, there are dozens of case management software options for law firms to choose from. Plaintiff personal injury law firms need a specific set of features and tools that don’t necessarily apply to other practice areas. But the truth is: not all legal software is created equal.

article thumbnail

You Deserve a Better Personal Injury Case Management Software

Consolidate your entire team’s work in a central location to implement any feedback and updates about the firm's cases. Discover the difference a legal software exclusively tailored for personal injury law can make. Personal injury law firms who attend a demo of CloudLex will qualify for a special Paralegal Brief discount and pricing.

article thumbnail

Getting Automated: An End-to-End Guide to Law Firm Automation

Today, automation-based solutions are widespread practice — nearly half of firms were using them in 2020. But law firms often don't use automation to its full potential. We'll walk through all the tasks your firm can automate, how to implement automation and measure your success. Barriers to law firm automation.

article thumbnail

The Law Firm Billing Handbook: A Comprehensive Guide to Automated Billing

Traditional billing practices can leave paralegals and many staff at law firms spending countless hours manually creating and sending invoices, tracking billable hours, and processing paper checks. From the basics down to the intricacies of legal accounting, learn how to effectively gain control of your law firm's.

article thumbnail

Personal Injury Law Firm Paralegal Toolkit

Paralegals are essential to Personal Injury law firms; they are the backbone, the glue that holds things together, whether for a solo practitioner or a large firm with many attorneys.

article thumbnail

Contract Lifecycle Management: A Business Enabler Exploring On-Ground Challenges

The current scenarios in business development have shown that having a fully automated CLM has become a mandate for every law firm and in-house legal department. But the complexities of digitising a legal document are numerous.

article thumbnail

Empower Your Firm: The Modern Guide To Litigation Financing

Download the guide now to learn: What litigation financing can provide for your firm New micro-financing options available for law firms How the financing process works What’s coming in the years ahead Litigation financing options like DelayPay, Steno’s deferred payment program, allow your firm to focus on the case, not the cash flow.