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Trust accounting requires accuracy, transparency, and strong internal controls to maintain ethical legal compliance and protect client confidence. Even small missteps, such as co-mingling funds or mishandling transfers between matters can lead to conversion, disciplinary action, or operational setbacks.
For law firms focused on growth and efficiency, assessing associate profitability requires more than simply tracking billable hours. Profitability is a function of how associates use their time, contribute to matter efficiency, and support revenue generation. Firms using CARET Legal can access precise law firm profitability metrics that move beyond
Billing and time tracking continue to present challenges for law firms, especially as administrative demands compete with billable work. To avoid gaps in documentation and delays in invoicing, many firms are turning to attorney time tracking software that supports reliable centralized billing workflows.
The legal industry is on the brink of a transformative era. As we approach 2026, small and mid-sized law firms face both unprecedented opportunities and challenges driven by rapid technological advancements – most notably, the maturation of AI. A recent webinar hosted by Law.com, featuring experts from CARET Legal, Mitratech, and Integris, explored what firms can expect
Many law firms are leaving revenue on the table without realizing it. Missed time entries, delayed billing cycles, and inefficient administrative workflows all contribute to slower growth and reduced profitability. Legal practice management tools offer a practical way to reverse that trend.
Accurate, efficient billing directly impacts a law firm’s cash flow and client satisfaction. Yet many practices still rely on manual processes that lead to delays, increase the chance of billing errors, and create friction during the payment cycle.
Small and mid-sized litigation firms share the common struggle of managing high caseloads, maintaining compliance, and delivering excellent client service while working within tight budgets. Efficiency and affordability are requirements for long-term sustainability and growth.
Cloud-based legal billing software helps law firms reduce administrative overhead, protect sensitive client data, and maintain visibility into financial performance. For a billing platform to truly support firm-wide efficiency, it must combine secure access, advanced analytics and real-time reporting, automated legal workflows, and responsive support.
Efficient client onboarding begins with a smooth intake and conflict checking process. Yet in many firms, these steps remain siloed, resulting in duplicated efforts, delayed case openings, and unnecessary risk.
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