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CARET Legal assists profitability and compliance
Billing, Payments & Accounting

Hidden Financial Issues Can Hurt Law Firm Profitability and Compliance

Financial problems rarely make a loud entrance. Most start quietly – a reconciliation delay here, a missed invoice there. Delays in the account reconciliation process can lead to financial issues, causing minor problems to snowball over time. This can result in significant challenges with profitability, compliance, and cash flow that

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Litigation attorney reviewing expert witness reports and cost projections
Billing, Payments & Accounting

How Litigation Firms Can Keep Expert Witness Costs Under Control

Litigation often involves expert witnesses to address topics that fall outside the typical scope of legal knowledge. Experts also represent one of the most expensive case-related costs. When coordination is inconsistent, it can result in firms losing track of how funds are used and paying more than necessary for expert

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Law firm financial management
Billing, Payments & Accounting

Trust Accounting Starts with Better Ledger Reconciliation

General ledger reconciliation might not be the flashiest part of running a law firm, but it’s one of the most important. Without accurate reconciliation, financial records start to drift, compliance risks grow, and cash flow becomes harder to track. It’s not just a back-office task – it’s the foundation for

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Law firm appeals processes
Law Firm Operations

Does Your Firm Lose Appeals Because of Poor Processes?

Appellate litigation is high-pressure by nature. Tight deadlines, complex filings, and meticulous documentation mean that even small process missteps can lead to significant consequences. Whether it’s a missed deadline, disorganized records, or inefficient billing, broken systems can sink an appeal before it even gets off the ground.

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