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Your law firm’s realization rate is a key performance indicator that should be used to inform strategic decision-making and contribute to the overall success and stability of your firm. Improving your law firm’s realization rate can be achieved by employing a few effective strategies: accurate time tracking and billing, regular
If you’re not already leveraging legal case management software in your practice, what’s stopping you? Case management systems are the cornerstone of better client management, enhanced efficiency and productivity, robust accountability, and comprehensive audit trails. With a centralized location, managing your legal cases becomes a breeze, allowing you to focus
You know that feeling when you’re working on a jigsaw puzzle and can’t find the one piece you actually need? That’s how law firm financial reporting can feel at times. Between handling intricacies like client trust accounting, making sense of diverse compensation models, and breaking down the profitability of cases,
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
If your law firm’s current technology solution isn’t working, it’s time to consider an end-to-end solution that will cater to all your business needs. When your firm has decided to incorporate new legal technology into its practice, you must apply a comprehensive onboarding and training process to help ensure buy-in,
Attorneys work in a very high-stress environment and oftentimes feel they must always be the expert in the room. Embracing organization can not only make repetitive tasks more efficient, but also reduce stress. Well-organized attorneys will take advantage of the ability to automate many daily tasks. Being organized is not
Let’s face it: remote work is here to stay. It doesn’t matter if you’re going into an office every day or meeting in-person with colleagues a few days a week; remote work will always be a fallback for many industries, especially the legal industry. With this thought in mind, optimizing
In poker, table stakes are the money or chips a player needs to lay on the table to be part of the game. Similarly, in a law practice, your ability to compete in legal services increasingly depends on the tools you have available to deliver excellent service to clients. In
For attorneys, missing a deadline is no laughing matter. Depending on the jurisdiction, rules and the judge, sanctions might be a stern admonishment by the judge, an order to pay some or all the attorneys’ fees incurred by the opposing party or, worst case, dismissal of a party’s lawsuit. If
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