Category: Billing, Payments & Accounting

Keeping tabs on your firm’s finances shouldn’t feel like a scavenger hunt, especially when using a comprehensive accounting system. When data is split between platforms and nothing talks to each other, getting a clear picture of your financial health takes more time than it should.

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

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

You can’t improve what you can’t see. When a law firm doesn’t have clear insight into where money is going, what’s been billed, or which matters are profitable, it’s hard to grow with confidence.

Every minute of billable work that goes untracked is money left on the table. When attorneys forget to log their time, round down their entries, or overlook billable administrative tasks, the financial impact adds up fast. Add to that complex insurer guidelines that demand both accurate work categorization and strict

When fee structures vary widely, using an LPMS (Legal Practice Management System) like CARET Legal can help create a smooth billing experience for both clients and teams.