Start Your FREE Membership NOW
• Discover Proven Ways to Be a Better Law Office Manager
• Get Our Daily eNewsletter, Law Office Manager Bulletin,
    and MUCH MORE
• Absolutely NO Risk or Obligation on Your Part -- It's FREE!
EMAIL ADDRESS

Upgrade to Premium Membership NOW for Just $90!
• Get 3 Months of Full Premium Membership Access
• Includes Our Monthly Newsletter, Office Toolbox, Policy Center, and Archives
• And MUCH MORE!
Home » Time tracking
TECHNOLOGY

6 tips for choosing legal practice management software

December 3, 2022 by

By Diane Camacho There continues to be a tremendous push in the legal community from practice management software companies. This has evolved from the use of cloud-based software. What should practice management software do for you? Keep all your client information in one place. Keep all your information available to you on the go. Allow you to enter your information one time for all applications. Provide document automation. Provide document management. Efficiently track your time and produce bills. Either produce financial reports or sync with a financial management platform like QuickBooks. From my experience in the legal community and particularly working with small firms and solo practitioners, I’ve accumulated the following tips on legal practice management software. Tip 1 Each of these programs have a sweet spot. Some do billing… . . . read more

Tagged With: , , ,
INCREASING PROFITS

Should a lawyer do administrative tasks to save money?

November 3, 2022 by

By Elizabeth M. Miller Should a lawyer do administrative tasks to save money? Of course, the answer is no. Struggling business owners will spend time to save money, whereas successful business owners will spend money to save time. Because you can always get more money⁠—you cannot get more time. So, you need to ensure the work you spend your time on makes the biggest impact. This is called leverage and leverage is the best kept secret of the rich. It works like this: If you spend five hours per week on administrative work at $400 per hour x 4.3 weeks per month it will cost you $8,600.00 per month of billable client hours. Over the course of a year that is $103,200.00 of billable time that you could be billing… . . . read more

Tagged With: , , ,
INCREASING PROFITS

5 law firm billing practices for better cash flow

February 14, 2022 by

By Brenda Barnes It’s probably not a big surprise that if your firm does not have sound billing and collection practices, your cash flow will suffer. It also probably goes without saying that when cash flow suffers so does partner compensation. How can you tighten this up? First and foremost, you need to have solid billing policies that are agreed upon and followed! Enter your time daily. With today’s mobile technology, there is really no excuse for not entering time daily. Your practice management software should be so easy to use, so easy to access that there are really no excuses. Enter time from your desktop, laptop, iPad, cellular phone and dictate it directly to your software. If your software is not providing your attorneys this flexibility, make the investment now… . . . read more

Tagged With: , , , ,
TECHNOLOGY

Take advantage of case management software benefits

July 27, 2020 by

By Elizabeth Miller  bio Case management software is now so popular in law firms that it is rare to hear of a firm that does not have it. The problem is that even though firms have the software, they don’t take advantage of all the benefits. Managing incoming leads and cases Give your law firm an advantage over other firms by providing potential clients with an exceptional experience without the need for face to face interaction. Offer your clients e-signature to sign retainer agreements and other documents from anywhere. Digitize your client intake with forms making it efficient and convenient to sign on with your firm. Centralized case details The great thing about case management software is that all client information, communications, time entries and notes are in one place. … . . . read more

Tagged With: ,
FIRM’S FINANCES

5 ways to keep profit on your radar

November 19, 2019 by

Practicing law is a tough gig. There is always so much to do to ensure your practice is successful. Focusing on your clients is your first priority, but are you also keeping an eye on your firm’s financial health? After all, staying profitable is not only crucial to your success, but is also important to your clients’ success.

Tagged With: , ,
INCREASING PROFITS

Some not-so-difficult ways to increase revenue

May 17, 2019 by

Need a better bottom line?
Don’t go the way of most firms and start “stripping the heck out of the operating costs.” The real dollars come from…


. . . read more

Tagged With: , , , , ,
RECORDKEEPING

Use weekly financial reporting to keep partners aware of cash flow

May 3, 2019 by

A Vermont manager has found that running the financial reports weekly instead of monthly is an easy way for the partners to stay always aware and in control of what’s…


. . . read more

Tagged With: , , , , , , , , ,
INCREASING PROFITS

Keep profits on track with this quick 5-point spring financial checkup

March 8, 2019 by

It happens every January. The firm makes grand resolutions to improve the financial performance.
But by spring, the attorneys get bogged down in their old habits. It’s the administrator’s job to keep the attorneys focused on their financial resolves, because their abilities and…


. . . read more

Tagged With: , , ,
INCREASING REVENUES

Boost quarterly profits with this proven 6-pronged cost cutting plan

November 2, 2018 by

As revenues tighten, every administrator is forced to look for new ways to cut expenses. There are lots of dollars waiting to be saved. But many of them are in places so conspicuous they…


. . . read more

Tagged With: , , , , , ,
KEEPING CLIENTS HAPPY

Clients cite their top 6 turnoff points with law firms

October 22, 2018 by

Don’t jeopardize repeat business by unwittingly antagonizing the clients. Keeping them satisfied is a worthwhile…


. . . read more

Tagged With: , , , , ,

(-0)