Tag: Legal Billing

Stay up-to-date on all things legal technology, including practice management, payments, automation, and more.

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Billing, Payments & Accounting

How Law Firms Determine Associate Profitability

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

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Billing, Payments & Accounting

How Firms Are Handling Client Billing and Attorney Time Tracking

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.

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Small law firm planning their 2026 strategy
Law Firm Operations

2026 Tech Outlook for Small and Mid-Sized Law Firms: 8 Key Takeaways from Industry Experts 

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

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Professionals in office
Billing, Payments & Accounting

4 Things to Look for in Cloud-Based Legal Billing Software

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.

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Professional business woman on laptop
Billing, Payments & Accounting

Law Firm Collection Best Practices for Prompt Payments

For many law firms, delayed payments and high write-offs are not a result of client unwillingness but rather of inefficiencies in billing and follow-up. Improving collections is about shortening the time between work performed and payment received. It requires a combination of consistent processes, proactive client communication, and the right

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Legal professionals discussing data
Billing, Payments & Accounting

Building Resilient Compensation Models in Uncertain Times

Law firms often feel the effects of economic shifts more quickly than other businesses. Client demand can soften, collections may slow, and partners might hesitate to approve major expenses. An important area of practice management that frequently comes under pressure is attorney compensation.

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Professional using laptop
Billing, Payments & Accounting

Legal Billing Software vs. Generic Billing Software

For law firms, billing is a direct reflection of professionalism, accuracy, and client trust. Generic billing tools may be enough for basic service businesses, but legal billing demands a more structured approach. Firms need systems that support compliance, handle complex timekeeping, and align with legal-specific workflows.

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Lawyer walking outside
Billing, Payments & Accounting

Get Paid Faster with Secure Payment Links

Getting paid on time shouldn’t be a challenge. However, outdated billing methods still slow down many law firms, creating delays and extra work. Secure payment links offer a better way.

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