How to Alleviate Client Rate Pressure With Better Legal Tech
Law firms are grappling with a growing trend – client rate pressure. Today’s clients, armed with a wealth of information and numerous choices, are demanding
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
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Increase law firm efficiency with built-in legal accounting software. Native features include powerful capabilities like matter-centric billing, automated compliance measures, and legal trust accounting.
Using purposely-designed legal accounting software gives you access to powerful capabilities missing from generic solutions. Automatically improve compliance with features and permissions that safeguard against retroactive changes to closed accounting periods. Quickly gain accurate insight into different billing cycles, and easily prepare end-of-year statements. Align firm accounting processes and workflows to raise intra-firm standards and protect your books while saving time.
Most generic accounting solutions for law firms don’t make it easy to manage both retainer and trust account reporting. With CARET Legal, you can easily keep books accurate with specific capabilities like:
For retainer billing, your firm can easily stay in the know with notifications, like for when retainers fall below designated balances.
Trust Account Compliance
Get account summaries that include subledger detail for each matter
“The full-featured accounting, which allowed us to ditch Quickbooks, is why our firm chose CARET Legal. We handle a lot of criminal defense with clients on payments plans, so having integrated accounting allows us to see our updated trust account balances in real time, which is a godsend when handling those types of cases.”
– Matthew Terry, Miller and Terry, Attorneys at Law
Employing different billing models can accommodate your clients’ needs and optimize revenue generation.
Get details on how to free up your lawyers and staff from doing mundane finance tasks.
Law firms are grappling with a growing trend – client rate pressure. Today’s clients, armed with a wealth of information and numerous choices, are demanding
In civil law, preparation for a case is a task that demands precision, extensive research, and an acute understanding of legal intricacies. It can often
Running a law firm is no small feat. It involves a complex array of tasks such as managing client relationships, overseeing case management, preparing documents,
Get started with a free trial, or schedule a demo to see how our legal practice management software helps you work smarter and maximize revenue.
Company
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