Stay up-to-date on all things legal technology, including practice management, payments, automation, and more.
In a flat fee arrangement, a law firm provides specific services to a client for a specified fee, no matter how many hours the attorneys spend performing those services. The legal fees are decided before the work is undertaken, making billing more manageable and reducing attorneys’ pressure to achieve billable
To reduce law firm operating expenses, firm leaders should maintain focus on three critical issues to optimize their firms.
Law firm clients increasingly favor the modern convenience and enhanced security of digital payments over paper checks. As this trend continues to accelerate, the payment options law firms offer will significantly impact clients’ choice of firms to hire. Read on to learn how enabling electronic payments through ACH bank transfers
If you really want to improve the way you manage your law firm this year, take small bites. Now, that’s good holiday time advice if there ever was any.
No business owner wants to deal with a financial emergency due to lack of planning. In order to monitor how a firm is doing financially year to year, every law firm should maintain an internal budget/forecast. A budget/forecast report provides the owner a monthly snapshot of how the firm is
The unexpected shift to a remote workforce accelerated the pace of digital transformation. Having to vet an onslaught of new technology quickly, firms added different applications, communication and collaboration platforms, and cloud-based document management and storage systems to their tech stack. However, adding these disparate technologies and integrating them creates
Knowing how to determine what factors have the most impact on your financial health requires a solid law firm profitability analysis strategy. The invaluable insights this process produces will ensure that every ounce of your energy is helping you maximize your firm’s profits. But, remember: realization and profitability are not
Without legal project management software, it’s difficult for a firm to sustainably deliver high customer experience and service quality.
Immigration law firms are preparing for a massive influx of cases as the U.S. has seen a major uptick in immigration activity since the beginning of the year. If you handle immigration work, you should be prepared to see your caseloads as much as double as the year plays out.
Leave standalone software behind
Manage all your cases in one place
Manage your documents
Increase billable time and cashflow
Reach and collaborate with your clients
Grow your client list
Read all about the latest industry topics
Learn from industry experts
In-depth legal insights
Real perspectives from real people
Get help from our expert support team
See an extensive list of CARET Legal partners
Join CARET Legal’s partnership program today
