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Purchasing a new practice management system is a major step in moving towards increased productivity, efficiency and collaboration. However, when it comes to purchasing a legal practice management system (LPM), it is not a one-and-done deal. Your law firm will come to see that there are many LPMs to choose
Legal documents have been called the lifeblood of any law firm, and they are. In fact, legal documents have lives of their own. Important lives. They go through a process of maturing and changing until they become fully realized representations of the work a legal team has put into a
According to a McKinsey Global Institute report, over 23 percent of a lawyer’s work can be handled by technology. In addition, half of all lawyers are already using some form of workflow automation. Legal practice management software is a valuable part of a law firm’s toolkit that will save time
Law firms have unique accounting requirements. Selecting the proper accounting system for a law firm requires an understanding of those unique requirements. For example, law firms are required by the code of ethics to account for any funds held in trust on behalf of clients.
Adoption of legal technology is on the rise and legal professionals are using legal practice management software to enhance the productivity of their practices. Not only because of more individuals working from home, but advancements in technology overall have contributed to the legal industry embracing technology in the workplace.
Introducing a new system to your employees is hard, but for your workplace, it’s necessary. Technology is rapidly changing antiquated business structures and adopting new technologies is inevitable. How do you get your team on board? Preparing your team isn’t always easy, but you can help make the transition smoother
Law firm business development is a balance of relationship building, increasing revenue, and cross-selling. As firms continue to grow and evolve, it’s necessary to leverage end-to-end legal practice management tools to help you accomplish all three. After reading this article, you will have a better idea of how to improve
Payment management is a critical workflow that every law practice must manage. The reality is that payment management is no longer just about invoices mailed to clients or waiting to receive payments by mail. It has evolved into something more mobile and flexible, which benefits both firms and clients.
AbacusNext recently commissioned a survey of law firms’ activity and decisions about software. The results revealed that 65% of all firms selected the need to increase efficiency and build a better practice as their motivation for adopting their practice management technology. Growing focus on efficiency Legal practice management software providers
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