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Law firm clients increasingly favor the modern convenience and enhanced security of digital payments over paper checks. As this trend continues to accelerate, the payment options law firms offer will significantly impact clients’ choice of firms to hire. Read on to learn how enabling electronic payments through ACH bank transfers
New year, new you. Here are a few simple strategies you can employ to spur your law firm’s growth throughout 2022.
If you really want to improve the way you manage your law firm this year, take small bites. Now, that’s good holiday time advice if there ever was any.
No business owner wants to deal with a financial emergency due to lack of planning. In order to monitor how a firm is doing financially year to year, every law firm should maintain an internal budget/forecast. A budget/forecast report provides the owner a monthly snapshot of how the firm is
The unexpected shift to a remote workforce accelerated the pace of digital transformation. Having to vet an onslaught of new technology quickly, firms added different applications, communication and collaboration platforms, and cloud-based document management and storage systems to their tech stack. However, adding these disparate technologies and integrating them creates
Efficient customer relationship management is crucial to help grow your book of business, drive new business, and satisfy current clients.
In today’s workplace, 65% of employees are looking for another job. To compete for the best employees, employers must remain current, providing a quality, forward-thinking work environment which includes hybrid work options. Prior to the pandemic, law firms allowed only exempt employees (lawyers and professionals) to work remotely, and then
The legal sector’s adoption of new technology has always been slow and conservative, for good reason. Attorneys have many considerations that other businesses do not have, such as privilege, compliance, confidentiality, and security. Training your firm’s employees on new technology is difficult to get right, but powerful when done correctly.
By definition, an exit interview is a conversation between an employer and an outgoing employee. The objective is to determine how the firm can improve on its processes and culture. These interviews usually consist of an honest and forthcoming conversation as an outgoing employee often feels less reluctant to give
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