As consumers we buy online, bank online, grab an Uber, and transfer our share of the dinner bill to our friend’s account, using Venmo, Apple Pay, or another digital payment app. But how do we manage business payments? Learn how APX makes billing a quick easy process for law firms and accounting firms.
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If your firm is willing to adopt new technology and upgrade automation tools, you will save time, reduce errors, and improve the firm's bottom line.
Read MoreYour practice is a professional services organization, but it’s also a business. Contemporary law office management comprises all the business processes that keep the firm operating, including marketing, finance, accounting, human resources, policies, procedures, and workflow management.
Read MoreCongratulations! You have decided, either as an individual or with a group of colleagues, to open your own law firm. There is a lot to do and many choices to be made. Everything from office location, firm name, domain name, business cards, internet and phone services to computers (Windows or Mac) must be decided. You may get to the point where you feel you just do not want to make another decision, but decide you must.
Read MoreLaw firms work with dozens, or even hundreds, of different vendors each month. Without the right tools, tracking all of the contracts, invoices and tax information for these companies can be a full time job. CARET Legal’s robust vendor management tools help firms efficiently manage all invoices and outgoing payments (including the ability to cut checks and even associate expenses with a matter). CARET Legal's dedicated Vendor Reports provide a holistic view of all payments, outstanding balances, expenses to be passed along to a matter and tax information.
Read MoreCARET Legal’s Split Billing Feature allows users to divide the invoiced amount for services and expenses on a singular matter between multiple parties. Users can set unique rates for each client and split percentages independently for fees and costs. Once Split Billing has been configured on the Matter-level, users can generate invoices as usual. Using the previously-entered percentages, this tool generates a unique invoice for each billing client listed with its own unique invoice number. Each invoice will include the Matter, as well as each individual billing clients’ contact information.
Read MoreGoodbye 2020 and hello to 2021! As we kick off a new year, we asked some of our partners to make some predictions on what we can expect to see across the legal industry in 2021.
Read MoreEach year, the CARET Legal development team releases hundreds of updates and dozens of new features to help law firms be more efficient and profitable. While it can be difficult to narrow down our list of favorites, CARET Legal users have spoken, and based on their feedback, we’re pleased to share our top 10 releases of 2020.
Read MoreIt’s safe to say that 2020 threw us all a curveball. Despite the hardships this year brought, the legal industry rose to the challenge, adapting operations and offering new services to help clients through these unprecedented times. We asked CARET Legal partners to share some of the trends they witnessed in 2020 and how they may affect the transition to cloud-based solutions. In part two of this series, these legal technology experts also share their predictions for what’s to come in 2021.
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