CARET Legal comes with built-in accounting software that helps align financial processes and workflows to raise intra-firm standards, protect your books, and save time. Native accounting features include legal invoice automation with pre-billing, bulk and batch billing, legal trust accounting, contingency billing, and even integrated time-keeping and payment processing.
“The full-featured accounting, which allowed us to ditch Quickbooks, is why our firm chose CARET Legal. We handle a lot of criminal defense with clients on payments plans, so having integrated accounting allows us to see our updated trust account balances in real time, which is a godsend when handling those types of cases.”
Quickly gain accurate insight into different billing cycles, and easily prepare end-of-year statements. CARET Legal offers robust financial reporting with nine different native reports:
Certain tiered users with full accounting access will be able to create additional custom reports/cards, like Effective Rate and Accounts Receivables, via the advanced CARET Analytics Overview.
Using purposely-designed legal accounting software gives you access to powerful capabilities missing from generic solutions. Automatically improve compliance with features and permissions that safeguard against retroactive changes to closed accounting periods. Quickly gain accurate insight into different billing cycles, and easily prepare end-of-year statements. Align firm accounting processes and workflows to raise intra-firm standards and protect your books while saving time.
Generic accounting software for law firms doesn’t make it easy to manage both retainer and trust account reporting. With CARET Legal, you can easily keep books accurate with specific capabilities like:
Trust Account Compliance
Employing different billing models can accommodate your clients’ needs and optimize revenue generation.
Get details on how to free up your lawyers and staff from doing mundane finance tasks.
For law firms, billing is a direct reflection of professionalism, accuracy, and client trust. Generic billing tools may be enough for basic service businesses, but
Insurance defense law depends on accuracy, responsiveness, and consistency. Firms working in the space manage a high volume of matters with tight deadlines, document-heavy workflows,
Getting paid on time shouldn’t be a challenge. However, outdated billing methods still slow down many law firms, creating delays and extra work. Secure payment
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