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Setting the right billing rates for your law firm is crucial for your success. It’s not just about being competitive; it’s also about ensuring profitability while considering market realities, such as prevailing rates, your firm’s reputation, and your clients’ ability to pay. In this blog, we’ll explore the key factors
The key to sustainable profitability is keeping track of crucial law firm financial metrics and insights to assist in decision-making.
With the rise of digital payment options, traditional methods like mailing checks have become less secure and more susceptible to theft. Recent statistics from the U.S. Postal Service (USPS) indicate an alarming increase in mail theft and robberies targeting mail carriers. As a result, it is important for consumers and
Recently Amy Reynolds, senior training specialist at CARET Legal, caught up with Zack Glaser, legal tech advisor & lab coach at Lawyerist to talk about what’s new at CARET Legal.
Embedded finance is increasingly appearing in legal practice management. Business applications for professional services, such as an online legal practice management platform, are increasingly becoming the hub for all law firm activity.
Founded in 1967, Newman & Lickstein takes pride in being the trusted legal advisor for a variety of specialized legal services on behalf of families, businesses and communities. As such, the firm offers an incomparable level of expertise in its advisory and collaborative efforts to help clients confidently navigate new
If the pandemic taught law firms anything, it was how critical it is to be able to access documents and systems remotely.
That was certainly the case for Peter Berdon, partner at Berdon, Young & Margolis, PC in New Haven, Connecticut. Since 1958, the business law firm has prided itself
Legal management software is essential to the functionality of your law firm. Managing and prioritizing legal tasks for your team can be a daunting task without it – but, updating your software can be daunting as well. After relying on the same legal management software for years, it can seem
Today’s legal clients demand high-quality service from their attorneys, particularly regarding technology. Using the latest legal technology typically makes an attorney more efficient, accurate and productive, resulting in happier clients and more time to do what they are trained to do: practice law.
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