Tag: Practice Management

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

Two legal professionals using legal practice management software
Law Firm Operations

Relentless Incrementalism: Navigating Technology’s Impact on Law Firms

Relentless incrementalism embodies the concept of making consistent, gradual advancements in technology, recognizing that rapid innovation without proper integration can lead to inefficiencies and unrealized potential. As Voltaire once noted, “perfect is the enemy of good,” and this sentiment resonates deeply in the realm of law firm technology adoption.   In

Read More →
attorney working with her referral
Law Firm Operations

Attorney Referral Fees for Law Firms: What’s Fair?

Referrals, and how much your attorney referral fees are, play a strategic role in increasing your law firm’s total profitability. Their importance extends beyond just expanding a firm’s clientele base, creating a ripple effect of benefits — from increasing the ROI of individual case types, to ensuring legal compliance and

Read More →
lawyer and attorney discussing payment options
Billing, Payments & Accounting

Making Lawyer Payment Plans Work at Your Firm

Offering payment flexibility has become a paramount consideration for law firms. Clients increasingly demand options that align with their financial situations, and embracing attorney payment plans can be a strategic advantage.

Read More →
attorney deciding whether to use flat fee or hourly billing
Billing, Payments & Accounting

When to Use Flat Fee vs. Hourly Billing at Your Firm

The legal industry, in recent years, has witnessed a seismic shift towards the adoption of “flat fee billing”, an alternative to the traditional “hourly rate billing.” This trend has emerged in response to client demands for greater predictability and transparency in legal costs. T

Read More →
attorney working on law firm billing
Billing, Payments & Accounting

Law Firm Billing Rates: Are You Charging Enough?

Setting the right billing rates for your law firm is crucial for your success. It’s not just about being competitive; it’s also about ensuring profitability while considering market realities, such as prevailing rates, your firm’s reputation, and your clients’ ability to pay. In this blog, we’ll explore the key factors

Read More →
client accounting advisory
Law Firm Operations

AI and Law Firms Are a Great Combination

Law firms are known for being steeped in tradition and slow to adapt when it comes to modernizing. But while they still have all those great book-lined shelves, more and more legal practices are recognizing the value in the most modern innovation of them all—artificial intelligence, known to its friends

Read More →
woman introducing a new legal practice management system to her firm
Law Firm Operations

How to Introduce a New System to Employees

Introducing a new system to your employees is hard, but for your workplace, it’s necessary. Technology is rapidly changing antiquated business structures and adopting new technologies is inevitable. How do you get your team on board? Preparing your team isn’t always easy, but you can help make the transition smoother

Read More →

Stay up to date with the latest in legal news

Receive updates from the CARET Legal team right in your inbox. We’ll curate valuable insights, tips, and resources to help you navigate the future of the legal industry. 

Stay up to date with CARET Legal