The CARET Legal Blog

Accountant Using E Invoice Software At Computer In Office

Billing, Payments & Accounting

Improving Your Law Firm Payment Processing

June 11, 2021

How automated is your law office payment processing? The longer an invoice lingers unpaid, the less likely it ever will be paid.

Document Management

The Name of the Game in Real Estate Law is Change

June 7, 2021

The key to growing and thriving in real estate law is to stay on top of these changes and to leverage practice management tools in overseeing client activity, communications and cases. Here are some of the important changes happening in real estate law that may signal opportunity for your firm.

person holding receipts while using a calculator

Billing, Payments & Accounting

Controlling Expenses

June 4, 2021

The goal of all law firms is to be profitable, but achieving that goal can be difficult for some lawyers. Generating income is, obviously, the first step towards making a profit; of course, income can only be generated if billable hours are accurately recorded and invoiced to clients, and if

calculator on top of a bill with someone holding a pen

Billing, Payments & Accounting

Best Practices in Collecting Accounts Receivable

May 28, 2021

Picture this: a new client retained the firm, timely work was performed, invoices were prepared and sent to the client and yet those invoices remain unpaid. Sound familiar? Many law firms have very high accounts receivable balances that are aged over 120 days and these high and aged invoices directly

Law Firm Operations

Law Firm Cybersecurity Best Practices

May 27, 2021

The implementation of law firm cybersecurity best practices has become a top priority for law firms of all sizes.

business team having a meeting around a table in an office

Law Firm Operations

Increase Profitability in a Law Firm by Improving Operations

May 20, 2021

In most law practices, a qualified professional can predict the costs associated with operating a firm relatively accurately. Most expenses are easily forecasted including salaries, facilities and technology. However, revenue is a bit more difficult to predict.

IT provider ensuring software is SOC 2 compliant

Law Firm Operations

Are Your Software Providers SOC 2 Compliant? They Should Be.

May 17, 2021

With cybersecurity threats on the rise, it is imperative that firms proactively improve internal and external security protocols. Keeping confidential information and sensitive client data secure means extending such protocols to each software vendor.

Law Firm Operations

CARET Legal Feature Spotlight: Dedicated Timekeeper Goals Setup Page

May 12, 2021

Legal professionals use a wide variety of tools and methods for tracking time spent on billable matters. Some are sophisticated, while others are more problematic and error-prone; for example, lawyers who use giant spreadsheets that are updated at the end of each day or week or sticky notes to jot

Law Firm Operations

Helping Your Law Firm Overcome Resistance to Digital Transformation

May 7, 2021

Convince your firm that investing in digital transformation is not just a good idea, it’s a necessity. Here are some common concerns preventing law firms from pursuing digital transformation.

A blog about making space for what matters

Improving Your Law Firm Payment Processing

The Name of the Game in Real Estate Law is Change

Controlling Expenses

Best Practices in Collecting Accounts Receivable

Law Firm Cybersecurity Best Practices

Increase Profitability in a Law Firm by Improving Operations

Are Your Software Providers SOC 2 Compliant? They Should Be.

CARET Legal Feature Spotlight: Dedicated Timekeeper Goals Setup Page

Helping Your Law Firm Overcome Resistance to Digital Transformation

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