The CARET Legal Blog

meeting with lawyers discussing document automation

Law Firm Operations

Document Automation by the Numbers

September 29, 2020

Embarking on a digital transformation effort for your firm? The low-hanging fruit may be in document automation.

Clock image overlapping someone on the computer billing for time

Law Firm Operations

How To Increase Billable Hours

September 17, 2020

There are only so many hours in a day and a finite period of time to work. Therefore, the questions remain: How can billable hours and productivity be increased? How can a timekeeper increase productivity? How can a timekeeper feel more confident about the billable time recorded?

Law Firm Operations

Keeping Employees, Business Partners and Clients Honest

September 7, 2020

As more and more companies are implementing remote and hybrid work models, firms should review the checks and balances established in their internal procedures. Management has an obligation to administer relevant internal policies that will maintain the firm’s financial and professional integrity.

Law Firm Operations

Simple Steps Law Firms Can Take To Improve Collections

September 2, 2020

Earn More Without Working More?

Sounds like a dream, but the key is collecting. If you work hard but don’t get paid, you’re losing money. Even a delay of 60 or 90 days costs you money. So, how do you improve collections?

Three way reconciliation report in CARET Legal

Reporting & Analytics

Three-Way Trust Reconciliation Explained

August 24, 2020

Whether your state calls it an “IOLTA account” or an “ILTA account,” attorneys are responsible for any trust/escrow/IOLTA funds. Most bar associations require a three-way reconciliation of the IOLTA account. Depending on the software you use for managing your firm’s trust funds, this could be as simple as pressing a

Attorney on his laptop using secure legal practice management software

Law Firm Operations

Security Key to Attract and Retain Clients

August 12, 2020

Due to current events, remote work has now become routine. In this new environment, many law firms have not adequately considered how to attract and retain their clients. One issue that should be of concern to every practice is cybersecurity—law firms are second only to financial institutions in being targeted

Reporting & Analytics

Assessing Your Firm’s Financial Health: 6 reports you should be running every month

August 6, 2020

Although it is very comforting to carry large bank balances, this represents very little about a law firm’s profitability or financial health. The financial health of a law firm is ascertained by analyzing and evaluating many different pieces of information. Law firms, like many other businesses, sometimes evaluate their success

Attorney walking up the Supreme Court building stairs

Law Firm Operations

Attorney Turnover in the Current Environment

July 27, 2020

In these uncertain times, attorney turnover has become more problematic. It is now more important, therefore, for law firms to provide a stable environment to retain their lawyers. It’s equally important to establish a good onboarding experience for new lawyers joining the firm.

CARET Legal's document automation on computer screen

Law Firm Operations

Document Assembly Made Efficient

July 20, 2020

Do you often draft the same type of document for different clients? Do you try to use the same one as a base? Remember the last time you had to draft a document? What steps did you take?

A blog about making space for what matters

Document Automation by the Numbers

How To Increase Billable Hours

Keeping Employees, Business Partners and Clients Honest

Simple Steps Law Firms Can Take To Improve Collections

Three-Way Trust Reconciliation Explained

Security Key to Attract and Retain Clients

Assessing Your Firm’s Financial Health: 6 reports you should be running every month

Attorney Turnover in the Current Environment

Document Assembly Made Efficient

Topics