Month: August 2017

31 Aug

How Being on Top of Your Client’s Billing Will Impress Your Legal Client

LEGAL-BILLING-SOFTWARE-8

How Being on Top of Your Client’s Billing Will Impress Your Legal Client

One of the most daunting tasks a lawyer, a law firm, or a client working with a law firm faces is the billing process. Yet it can also be an opportunity to impress your client if you have a billing process that flows smoothly and makes it as easy as possible on your client. This can generate positive word of mouth testimonials from clients and bring new or repeat business through your doors.

However, the good news is that what once was an antiquated process of invoicing can now be mostly automated with today’s billing software designed specifically for law firms. This takes the straign off of you and also frees up team members to work on other tasks than manually invoicing. So, want to wow your clients with your sleek billing process? Here are a few tips:

Have a System in Place

Whether you are one attorney practicing on your own of a full legal services corporation, it is important to have a billing system in place. This system should not vary much from case to case and should flow smoothly each time. Invoices should go out on a certain date, either a date of the month or a date from services rendered, and should stay completely consistent for each client. Similarly, second notices, etc. should always follow in the exact structure.

Use the Right Technology

One of the most impressive ways you can reach your cleint is by letting them know you use modern technology to expedite the billing process. Here are just a few ways you can make the use of technology work to your advantage:

  • Let them know you are automated. Modern Law Firm Billing Software automates the entire process. Let your client know that they will never receive a late invoice, or an invoice with a human error as it is all handled by the latest technology.
  • Show your client that you are a firm that is up to date on modern technology. Being up to date on one thing bodes well for the fact you are up to date on all else.
  • Make your law firm billing software seem bigger than it is. Just because it may be one person that works with the law firm billing software, doesn’t mean that can not be called your billing “department.”
  • Use past examples. By citing past examples of how billing flowed smoothly, your client will be inclined to feel there billing will too.
  • Follow up with a personal touch. Just because you are using law firm billing software doesn’t mean a human touch isn’t appropriate. Have a paralegal follow up after the first invoice to ask the client if they have any questions.

Explain the process. Be up front with your client on how the billing process works. Explain to them each key detail and make sure to ask them if they have any questions. Ask them up front who the point of contact for billing will be on their end and let them know who it will be within your firm.
</ul>
Call them personally after the second notice. Often, things get lost in paperwork and when your client is late, they may not even know it. Don’t hesitate to call them after a past due notice personally. This can also re-establish connection and generate repeat business.
Let your legal billing software do the work for you. Vet software before you select it. Look to the legal information institute for recommendations on the latest software.

Hire the Right People
As an attorney, billing is not your job, but it is your responsbility. Successful billing can make or break a law firm, and bringing on the right person who can seamlessly manage your firm’s billing while not putting additional work on to anyone’s plate will be the ultimate key to wow your clients.

When considering hiring someone, along with the key attributes of accounting knowledge and skilled with legal billing software, consider hiring someone to manage your billing that can also be client facing. If a person has a strong enough set of people skills to communicate directly with clients’ team members, that is even more work you can delegate to the right person.

30 Aug

3 Ways to Prevent Your Legal Finance Issues from Getting Worse Overtime

LAW-FIRM-BILLING-SOFTWARE-11

Three Ways To Prevent Legal Finances From Deteriorating Over Time Using Law Firm Billing Software

 

Law firm billing software is much easier to manage when you have a large law practice, and you will keep control of the finances that guide and govern your company. You may controls everything from the currency used by international clients to a differentiated case tracking program using this software. You may read this article further to learn how to use the program, and you will find that you may get your finances in order once you have started this program.

 

#1: How Do You Reconcile Your Ledger?

 

You will reconcile your ledger using this program, and you will enter all your information into the system when you begin. You may digitize all the information for your business going back many years, and you will feel as though you have greater access to the financials for your business. You may not realize how simple this is until you go through the process, and you will find that the program shows you what to do with all the numbers you have entered.

#2: Billing

 

You may bill your your clients easily because you have the program creating statements for them, and it will be much easier for you to create a simpler ledger that you may read at any time. Allow your business to use this program so that you are saving money, and you will feel more confident in the way you have managed your finances. You may send any sort of statement you like to your clients, and they will be happy to read these statements, make payments online and pay on-time.

#3: The Law Firm Billing Software Hours Log

 

The legal billing software will help you log your hours, and you will have a full log that shows you everything you have done in the course of a week. You must have a log so that you may bill your clients, and you may print the bills at any time with a list of the services you have provided. Your life will become much simpler when you print a few standard reports for your clients, and you will find that they have every opportunity to make payments to you.

 

#4: The Online Portal

 

You may send your clients to the online payment portal, and it will be quite simple for them to make payments to you without a check. You are saving them time in this process, and you are speeding up the amount of time it takes to make a payment. You are no longer waiting for checks to come in the mail, and the majority of your clients will give you payments much more readily because they have so many options to make payments. You are creating a process that helps you clients feel as though they may split payments, and they will not feel stuck writing you large checks. You may create payment arrangements through the online portal, and you will have instant access to all of the payments that have been made.

#5: Legal Billing Software For Payroll

 

You may control payroll to ensure that the staff is paid properly, and you may use law firm billing software to send payments to everyone who works for you. There are many people who will work with you because they want to be paid handsomely, and you must send their payroll checks at the exact right times. The program will send out payroll on your behalf, and it will send payments to the government for taxes. You may link the system with your benefits provider, and you will find that the people who work for you are much happen because they are paid in an uncomplicated way.

 

#6: Using The Program For Cases

 

You may hide case files in the program, and it will be much easier for you to use the system becuse it controls billing and paperwork for each case. You may not realize that you can do all these things in one program, and you will consolidate much of your work. You will avoid problems with your accounting, and you will have a record of billing for a case that appears along with the case notes.

 

You may use the billing software to explain billing to your clients, or you may use it to send bills to clients. You may take case notes in the program, and you will save quite a lot of money in the process. You pay once to use this program, and everyone in your office will learn to use it.

 

29 Aug

How to Make Sure Your Clients Want to Pay You

LAW-FIRM-BILLING-SOFTWARE-9.jpg

How to Make Sure Your Clients Want to Pay You

Are you a lawyer? Do you work at a law firm? Are you sick and tired of some of your clients getting away without paying their bills? You work hard for them and you should get paid for your services. After all, legal services are not free and every attorney has to work hard to keep the bills paid and the lights on.

Legal billing software can be used to help members of the legal community to collect fees for their services. Law firm billing software helps legal workers to make accurate payments. Check out the following information so you know how to make sure your clients want to pay you.

Payment Methods for Lawyers

Law firms and attorneys get paid for the work they do in many different ways. These different payment methods include:
• Consultation fees. Lawyers will typically charge a potential client a consultation fee to determine if they have a legitimate case. Firms can also charge a consultation fee just to provide companies, businesses and individuals legal advice.

• Flat Fees. A flat fee is normally charged for routine or simple cases. Routine cases are typically charged a flat fee because this is the type of work that an attorney or firm commonly performs.

• Contingency Fees. Lawyers take on some cases through a contingency fee. In other words, they will not get any money unless they win a case for their client. They will usually decide on the percentage of earnings before they start the case.

• Hourly Rates. Some attorneys charge clients by the hour for their service.

• Referral Fees. An attorney will also charge a referral fee which happens when a lawyer refers a client to another attorney or firm. The referring attorney will usually receive a portion of payment for making the referral.

• Retainer Fees. Retainer fees are usually charged as a one-time payment that can be used to cover all costs associated with a client. Sometimes the money will run out and a client will have to pay more.

• Statutory Fees. Statute fees are typically set by state statutes or by a court. These fees are typically associated with routine civil proceedings such as bankruptcy. Director of State Courts can sometimes set statutory fees for attorneys or firms.

Knowing these fees will help a lawyer to understand the best way to get paid for their services.

How to Get your Money From Clients Without Hassle

If you really want clients to pay you, make sure they know about your billing methods upfront. Don’t confuse them or be vague on this issue. Just flat out tell them how much you are going to charge them for your services. You can set up your legal billing software to help you with this process.

Next, you should have them sign some paperwork that clearly outlines your payment methods. You should also bill your clients quickly, bill them often and do it within a formal or professional manner. Another key point to ensuring that you get paid, is to make sure that your clients have the money to pay you. If you charge by the hour except payments upfront as you go. The point is to make sure that your clients have the means to cover the services that you provide. Law firm billing software makes this process easier.

Payment should only be done through a credit or debit card. Avoid checks as much as possible. Only take cash when it is convenient or practical to do so. Some clients do not have the ability to make payments electronically. Cash payments can be quick and easy; just make sure that you give out receipts and keep accurate records. You can also show them the recommended fees from the Director of State courts. Legal billing software can be set up to provide receipts for this kind of payment method.

By the way you can use a promissory note to receive payments. This will protect you from clients who somehow cannot pay you on the agreed price that you set forth. If a client comes up short they will have to give up something of value that they own in return. This might not be the most practical thing to do. However, it can help a firm or lawyer to get the money they deserve. A person can perjury themselves by signing a promissory note and then mislead the courts if they decide not to pay.

All law firms and lawyers must keep accurate and organized records. If not, it will be hard for you to bill your clients on time and correctly. Above all else, make sure that you provide the best service possible. Helping clients to win a case will usually motivate them to pay you on time.

28 Aug

2 Ways to Ensure You Don’t Forget Another Invoice

LAW-FIRM-BILLING-SOFTWARE-10

Improving Billing & Accounting Practices:

Running a law firm can be very stressful because there is so very much to get done each and every day. However, there are some very important ways in which can be employed so that you never miss or forget about a billing invoice.

Use a Law Firm Billing Software to Your Benefit

Law Firm Billing Software can be effectively utilized so that you never again miss any billing or client invoices. There are a variety of Law Firm Billing Software packages available that can be easily accessed online. Many of these software companies will offer free 30 day trials with no obligation. Therefore, a law firm can try the software for one month absolutely free of charge with no commitment.

Use a Law Billing Software for Your Invoices

Law Firm Billing Software make invoicing and billing so much easier because the software can easily produce multiple billing invoices with one simple click. In addition, Law Firm Billing Software can help to track customer account balances from a company computer, laptop, iPad or tablet. In addition, many of these software packages can be used with programs such as QuickBooks.

 

Legal Billing Software can also be used in addition to Law Firm Billing Software. Many legal professionals are now using Billing Software to make their billing and invoicing practices more accurate. Software of this kind offers many advantages to legal professionals such as case management, tracking important deadlines as well as for billing and collection purposes.

 

Many Legal Software packages are cloud based and they provide excellent management solution packages for internal use. This automated software can actually help attorneys grow their business in an effective and well organized fashion. Therefore, by utilizing Law Firm software and Law Billing software you never have to miss another invoice or billing statement to a client.

 

*Very special features of Legal Billing software include:

 

*Document Management.

*Time Tracking.

*Legal Docketing.

*Appointment Calendars.

*Trust Accounting Software Solutions.

 

Billing Software can solve a variety of in house problems for legal firms. Organization and accuracy are critical when attempting to run a successful business. Software of this nature can also enable office personnel to generate billing invoices well in advance which leaves time for office staff to tackle other important internal office issues.

 

The Legal Information Institute is a service offered by Cornell Law School. This useful service enables access to a variety of legal resources on a local as well as national level. Much of this helpful information may accessed and delivered on line. This legal resource can be quite helpful to attorney’s as well as law students. This web site was the first of its kind to be available on the Internet.

 

The legal services offered by Cornell Law School are part of the “Free Access to Law Movement”. Information concerning many issues related to the United Nations can be obtained through this remarkable resource. In addition, information concerning over 500 Supreme Court decisions and related literature can be obtained through this web site. Therefore, this resource is frequently used by attorney’s nationwide.

 

South Dakota Odyssey Case Management is another helpful resource for legal professionals. This resource provides up to date information on the following:

 

*Attorney Notifications.

*Courtroom Calendars.

*Supreme Court Rulings.

*Small Claims Court Information.

 

Odyssey Case management also provides information on drug court cases, E-filing instruction as well as issues involving the Circuit Court. This resource is quite helpful not only for attorneys and law students but also for the general public. The volume of information available through this resource is quite amazing to say the least.

 

Finally, there are important resources available to attorneys in order to keep their billing practices up to date such as utilization of legal software. In addition, public resources can also provide critical and up to date information that can help attorneys keep their practice running in a highly efficient and organized manner. Keep in mind, the way in which any business is run will ultimately determine how successful they eventually become.

 

27 Aug

Top Fincancial Questions to Discuss with Your New Legal Client

LAW-FIRM-BILLING-SOFTWARE

Financial questions that you can expect from your advisor

Everyone wants their financial advisor to be guiding them through their troubles, and hopefully to financial independence. However, how can you be sure that the person you are trusting with your financial portfolio is truly going to be doing the job efficiently and correctly? This article will be exploring what you should be looking for when speaking to an advisor and what questions should be presented to you. Additionally, this article will offer an inside look at some helpful financial management systems such as legal billing softwares, and law firm billing software.

What to Expect

 

An important element to keep in mind is that not all financial advisors will be the same. Everyone will have their own style and their own methods of asking you questions to improve your savings. In comparison, There are such baseline questions that are crucial to discuss. Every financial manager will be interested in what kind of savings you have and what steps you have already taken towards a better portfolio. An example of some of these questions will go as follows.

Are you protecting your income?

Do you have a plan?

Have you given thought to how your financial plan could impinge on your family?

How are you managing your taxes?

What asset do you have?Are your assets protected?

Do you have a plan for retirement?

How to Prepare

Meeting with a financial planner can be nerve-wracking, trusting another person with your life savings can be an incredibly difficult obstacle to overcome. In order to meet with your financial advisor, there are certain steps that you must take in order to have your first successful meeting. More than 75% of people have no idea, or do not want to admit their own financial weaknesses. Hence, possibly millions of people will struggle with the same issues for years out of result of the fact that they do not realize the mistakes they are making. For that reason, understanding your own financial vulnerabilities will aid you in working with a planner. After examining your own flaws, work on building statements for all your accounts. In all likelihood, a financial planner will ask to examine your savings for accounts such as your 401K, saving accounts and investing accounts.

Legal Billing Software

Because of the modern movement of legal billing software, receiving notices as well as making payments has never been easier.  Most of this legal billing software is designed to track the hours of employees, send invoices, and track billings. In the same sense law firm billing software systems such as Ebillity, Freshbooks and CosmoLex can help attorneys appropriately coordinate their billing systems.

New Developments in Finance

Out of result of a large case load that couldn’t be handled in due time, the FairFax Circuit Court established the differentiated case tracking program. Currently, FairFax serves an astounding number of customers, with over 800,000 clients there was an absolute need for this system. Contrary to the old school system of attorneys and litigants scheduling the times for when a case would be brought to court. Before these systems were launched, the courts would hire more judges in order to keep up with a heavy load of work. However, with this new branch of technology, the justice system is now scheduled accordingly and efficiently. Additionally, the system takes a massive responsibility off of the director of state courts. The results of this program can be observed in the early 90s’. In 1992 over 53% of all cases were managed by the tracking program. During this time the company proved to be beneficial for over 30,000 people. The Wrap Up

In conclusion, it is a wise choice to educate yourself on the habits of financial advisors, know your own statements, and always come prepared for any question. Employing a financial advisor can save you from the turbulences of paying unnecessary taxes and they will help you stay on track for your long-term goals. The financial world is constantly making incredible progress. With systems such as the tracking program, paying taxes, transferring money and keeping your portfolios organized has never been easier.

 

26 Aug

How to Work With Clients Who Can’t Pay Immediately

LEGAL-BILLING-SOFTWARE-26

How to Work With Clients Who Can’t Pay Immediately

There are several tips that you can use when you are working with clients who can’t pay immediately. The first tip when using the law firm billing software is to call on a regular basis. This means that you will probably have to leave a message on their voicemail. When you bother these people daily, you are going to get your point across so they will eventually pay you the money that they owe you.

Give Them Options

The second tip when using the law firm billing software is to offer the person some options for their payment methods. Most of the time, the person is not making their payments on purpose, they just might be having money issues that force them to not have the money to make the payments. Therefore, you will need to reach out to them to see if you can come up with a payment plan.

Reach Out to a Legal Team

The third tip when using the law firm billing software is to reach out to a legal team like a lawyer. When you send a letter out from an attorney to the person that owes you the money, then the person is going to be a lot more likely to pay you. This is one of the last options available before you have to send it to a collections agency. Sometimes it will eliminate the need for the collections agency and many times the client is going to pay very quickly.

Is it Worth Your Time?

The fourth tip when using the legal billing software is to figure out if the amount of money that is owed to you is worth getting the collection agency. This is because most of the time, the company is going to take about 30 percent of the money that is collected from the person. This is the case even if not all of the money owed is paid to the person. This means that you are not going to get all of the money that you want from the person.

The fifth tip when using the legal billing software is to make sure that you exhaust all of the other options. Even though you might be uncomfortable calling and emailing the client in order to get your money, it might become a lot more complicated if you don’t. When you are making the phone call, it is important to express some empathy and understanding with the person. Once you feel like you have no other options, then it is okay to use the collections agency in order to get the money that is owed to you.

The sixth thing when using an accounting law attorney is to offer the person a discount on their payments so that the person has the ability to settle up their debts. Since the collections agency is going to get a certain amount of money from the debt, then it just easier to offer the client that amount that they can pay themselves. This might be an easier and faster way of getting your money from the client.

The seventh thing is to make sure that you set up a process that will allow you to protect your receivables. This means that the attorney will need to have a degree with South Dakota Odyssey Case Management so that you know that they are doing their job correctly for you. One of the best ways to do this is to send out a courtesy letter to the client when their debt is 30 days past due. Then you can send out a more harsh letter to the client when it is at least 60 days past due. Then the letter from your lawyer can be sent out when the account is 90 days past due.

The eighth thing to do is to make sure that you are communicating effectively with the client. This means that you will need to find out exactly why they are not paying on the account. One of the main reasons might be issues with cash flow, but you just never know for sure. Once you have figured out what the problem is then you can figure out if you need to offer them a discount, a payment plan, or come up with something different.

The last thing to do is to try to be flexible. This means that you will need to sympathize with the client so that you can come up with a plain. It might mean that you can settle up with a fair amount or find out if you can avoid any other issues.

25 Aug

5 Main Billing Concerns for Legal Clients

LAW-FIRM-BILLING-SOFTWARE-10

5 Main Billing Concerns for Legal Clients

There are several billing concerns that legal clients are going to have with their lawyer who has an advanced diploma in legal project management. These things include:

  • unnecessary work
  • time
  • padding time
  • administrative work
  • interoffice conference

Unnecessary work

The first legal billing software concern is that they will be charged for work that did not necessarily need to be done. A lot of people are not going to know what needs to be done and what doesn’t need to be done. Therefore, they are going to be charged a large amount of money for some of the simple things that they could have done themselves and not had to pay the lawyer to do it for them. The best way to handle this particular situation is for you to tell the lawyer to make sure that he does not do anything involving your case unless he has permission from you. The lawyer will also need to know how much currency that is going to cost you for them to do these services. This will give you time to think about and ask other people if you might have some other options. This is going to help you to save a lot of money.

Time

The second law firm billing software concern is that the lawyer who has a degree in Harvard law school case management will charge them for the time that it took them to do the work for your case. This is especially true if it is for work that was out of the box or unnecessary to do. Therefore, the person is going to need to ask for a complete detailed description of the tasks that the lawyer is going to be doing for you. Each one of these descriptions should identify the activity that was done and how it was related to your particular case. Therefore, you are going to need to know when the task was performed, who performed the task, how long it took the person to do the task, and how much you will be charged for the person doing that particular task.

Padding Time

The third legal billing software concern is getting charged for the padding time. When a firm is trying to meet all of the firm’s requirements for billing, it is going to be very tempting for the lawyer to inflate or pad the time that it took to get a particular task done. This is especially true if you are a good worker and it did not take you a long time to do it. Of course, this is going to cause a problem with the client if the client knows that it did not take you that long to do the particular task. It is very important to bill each one of the tasks correctly so that the client does not want to question the work that was done.
Administrative work
The fourth law firm billing software concern is that the client is being billed for the administrative work. This is going to be some work that is done for the lawyer through the administrative or clerical staff. Some of these tasks performed by the clerical staff include photocopying, filing, and typing. The administrative staff will do things like training, conflict checking, preparing the invoices, and client development. These should be tasks that the client will not have to pay for. Most of the time, you will be able to get your own secretary to do this type of work for you, which is a lot cheaper than paying the lawyer to do it.
Interoffice conference
The fifth legal billing software concern is that they are being charged for interoffice conferences. These are the conferences that are going to happen between the personnel that works for the law firm. Most people are not going to pay for this because they feel like it is something that has to be done in order for the lawyer to win your case. Plus there are plenty of times when different lawyers are going to bill you for the same conversation that they had with each other. Therefore, if it is a routine conversation that you are going to have with your co-workers, then the clients should not be billed for this conversation. Just make sure to include all names of the parties involved in the conversation on the billing sheet that you will give to the client later on.
24 Aug

How Confronting Billing Concerns Can Maintain a Positive Client Relationship

LAW-FIRM-BILLING-SOFTWARE

Improve Accountability

Price can be a sensitive subject for both attorneys and their clients. There are so many different ways in which attorneys are paid depending on what type of service they provide that it can be difficult for both parties to figure out where they stand. There are several tools you can implement into your law firm in order to avoid these uncomfortable issues and confront the billing concerns head on. LAW FIRM BILLING SOFTWARE is one of the best ways in order to do this. It deals will the entire billing process electronically and makes things easier for everyone involved. It deals with the issue of underpayment, overpayment, and the difficulty of keeping track of billable hours. It will increase productivity and also lead to a strong client and attorney relationship because it is easy communicate using a LAW FIRM BILLING SOFTWARE. It simplifies the payment process and lies out everything in plain words.

Straightforward Billing

There are countless benefits to this straightforward and easy to understand billing process. It eliminates the need to fill out pages and pages of paperwork and all of this leads to an increase in productivity within the workplace. It is also less stressful when you are able to work with a LAW FIRM BILLING SOFTWARE to keep track of everything for you. It keep your legal files, documents, and papers sorted so that they are not lying around and cluttering your workspace. Here some of the main benefits to using this technology in your law firm.

  • Bill clients online. You can easily keep track of your hours and make sure that you are compensated fairly. Additionally, your client is able to view all of this online so they understand exactly what they are being charged for. Anytime they have questions they can just check the site.
  • Trustworthy accounting. Since all of your billing is processed electronically through the software, you can be sure that it is filled out correctly. This avoids any issues like perjury that attorneys always want to avoid. It just makes everything more organized and easier without the perjury.
  • Positive client interactions. Since you are saving time by using a legal billing software, that time can be used to work with the client and work on their case. All that time saved on paperwork will actually be beneficial to your relationship with the client when are able to see how much time and effort you are putting into their case.

Strong Client Relationships

One of the most important parts of being an attorney is ensuring that you have a strong relationship with your client. There should be trust between the both of your and a LEGAL BILLING SOFTWARE is a great way to electronically deal with the sensitive issue of payment. This way, both parties are able to lay out the exact requirements and keep track of the hours that are spent on the case. It gives you, as the attorney, more time to work with the client and show them that you really care about their case and their success. It also decreases the possibility that you will receive improper payment, and if the client is concerned they can just get online to see how much you have been working. It makes things so much easier for everyone to use a billing software and leads to a better workplace and relationship with the client.

Benefits Of Billing Software
By accepting this advance of technology into your workplace, you will be able to take on more work and make more money. All the while, you will be building relationships with your clients and helping them along the way. Using a billing software is a great way to make a name for yourself as an attorney who really cares about their clients and is not just drowning in paperwork and grinding to make money. This is possible due to the increased efficiency that a billing software promotes. All the time that is saved on tracking hours and confronting billing issues with the client can be used to actually work on the case, get things done, and build relationships with all of your clients. It is one of the Fundamentals of Law Practice to be devoted to you client and a billing software simply opens up your calendar to be able to do so. It deals with the sensitive topic of billing and is a simple way to clear up any confused the client might have about their payment responsibilities.

23 Aug

6 Ways to Track Your Firms Work

LAW-FIRM-BILLING-SOFTWARE-11

Stay On Top Of Things

 

A LEGAL BILLING SOFTWARE is an excellent way to keep your law firm organized and running smoothly. It allows you to keep track of your firm and make sure that everyone is staying on track and performing positively. It is an easy way to keep an eye on all of your attorneys and it also allows them to better manage their time. Implementing a LAW FIRM BILLING SOFTWARE into your law firm is a great way to improve the relationship between your employees and it also generally leads to a more positive workplace. This positivity is caused by a more organized environment. It reduces the amount of stress and confusion that is often felt when a law firm has a lot to do. A billing software prevents that and keeps everyone on track even when they have a large workload.

 

Best Way To Stay On Track

 

There are a variety of ways in which you can keep track of your law firm’s work and ensure that you are functioning smoothly as an office. The tool you choose will depend on your firm and what type of services your attorneys provide to their clients. However, you can implement all of these tool if you want to see the most success in your workplace and really improve the quality of work that you are able to produce. Here are the top six ways in which you can stay on top of everything that is going on in your firm.

  • LEGAL BILLING SOFTWARE. This is the best way in which you can ensure that your work is being processed and stored safely. It will allow your law firm to becoming more organized and therefore increase its efficiency. A LEGAL BILLING SOFTWARE will be able to improve your firm’s manageability, accounting, and billing.
  • Legal Information Institute is another great way to keep everyone on the same page. This is a service that everyone should be following in order to correctly keep track of how much they have worked and on what project. It clearly outlines exactly how the process should be completed. Every attorney should know how this works.
  • The University Of Georgia has information regrading the ways in which law firms can keep track of their billable hours and to make sure all their attorneys are staying on track. This is all done electronically for the ease of everyone at the practice.
  • Organize Electronically. This is so much easier than having stacks of paperwork just lying around. Your attorneys will not have to worry about misplacing anything now there are options to organize all of these things electronically. It reduces the clutter of the office and makes it so much easier to keep track of things.
  • Reduce Stress

 

Increase Productivity

 

A LAW FIRM BILLING SOFTWARE will be able to improve your efficiency as a law firm and eliminate the portion of the day where you are trying to find certain papers and sort through paperwork. Most important, it allows you to keep track of how your firm is performing. By staying on top of that, you can find better ways to improve and have an efficient work place. The time your firm will save by using a billing software is well worth it and it will completely change the way in which your firm functions. Everyone will become more efficient and they will be able to take on more work without adding additional stress. They can spend more time with the client all thanks to this improvement in productivity and time management.

 

Improve Accountability

 

One of the biggest ways in which these tools can help you track your firm’s progress is to improve your accountability in work. Since most of these tools are electronically based, they can be clearly define for everyone at the law firm to see. That way can see how well they are performing and make adjustment if they are not being efficient enough in their work. This improved accountability improves the law firm in more ways than one. It improves the mood of everyone, because there is less stress about forgetting to do something or losing a document. It also leads to better production and better quality services from the law firm. That benefits everyone and is a huge benefit to using these tool to keep track of your law firm’s activity. A billing software makes this process especially easy since it is all online and it can be checked in a matter of seconds.

 

22 Aug

4 Tips When Discussing Finances with Your Legal Client

LAW-FIRM-BILLING-SOFTWARE-9.jpg

What’s the Most Effective Way?

 

Most people find it quite challenging conversing about money particularly when lawyers are included. You need to understand the most effective ways of talking to your legal clients about finances. The practice of law should be considered as both a business and a profession meaning that lawyers should be responsible for client representation as well as firm and personal financial matters. Whether you work as a single individual or in a group, the practice of law is as important as the business of law. Here are the best four tips of handling financial discussions with your clients.

 

  1. Consider Alternative Pricing Methods and Fee Arrangements

 

There are several of benefits of having alternative pricing and payment methods where clients have asked for them or when they seem suitable. Such options result in rewarding attorneys for their expertise, improving relationships with customers, getting good results, and reducing the chances of disagreeing with clients. While examining alternative fee arrangements, you must keep in mind that the value does not always match the cost. It is important to remember the client’s objectives when you bill for your services.

 

Start with understanding the client’s values and needs. Ensuring good communication with your client is essential particularly when using alternative value billing and fee arrangements. Good communication with customers helps to define and establish the specifications given by the client. Always ensure that you thoroughly understand the client’s objectives seeking clarification from them. Good preparation is mainly determined by successful communication with a customer.

 

When establishing the most appropriate fee arrangement, determine the client’s expectations and goals. Defining the client’s objectives is an ongoing process. Also, determine whether the client’s expectations and goals are attainable and reasonable to come up with the most reasonable charges.

 

Understanding how a client is likely going to value your services is one of the essentials for the law office. For instance, the client may look at the cost of the dollar. Understanding how the client determines or measures value helps you to communicate your proposed fee arrangement.

  1. Consider Using LAW FIRM BILLING SOFTWARE

 

Thousands of law firms use LAW FIRM BILLING SOFTWARE to automate their organizations. Getting legal billing software will enable your company get more operations done within a short period. The legal billing software has the following benefits:

 

  1. a) You get paid faster.
  2. b) You save hours billing monthly.
  3. c) The software can generate multiple bills instantly.
  4. d) You can track balances from accounts.
  5. e) The software improves efficiency because it saves time.

 

At times, you may want to work outside your office. The LAW FIRM BILLING SOFTWARE enables you to work anytime and from anywhere because you can access it with iPad, Android, and iPhone applications. Additionally, it is user-friendly and easy to use. You can also keep track of matters, expenses, time, and contacts to avoid inconveniences.

 

  1. Contemporary time keeping

 

Contemporary time keeping leads to better records, more money, and fewer chances of malpractice and billing errors. Failure to keep time records frequently invites problems. Application of a Differentiated Case Tracking Program helps to schedule many cases according to personalized timelines that are established by the court. Clients want to be served promptly to save their time. The Program is a system that is not only efficient but also timely. Client’s cases that need to be heard can be scheduled in the most reasonable time frame.

 

The Differentiated Case Tracking Program continues to grow in recognition because it enables lawyers to enhance their objectives. The program tremendously saves money and time for court. A typical case that took several years to finally come to trial takes a shorter time than before. By applying for the program, you can ensure that a particular case goes through certain cutoff dates to ensure prompt disposition.

 

  1. Negotiate in Person

 

When negotiating about money through the phone or email, it ‘s hard to have a meaningful exchange. It is almost impossible to have a detailed discussion about finances because a big portion of any communication is non-verbal in nature. A face to face communication helps you to read the body language of the client. You can also gauge the understanding of the client thus coming up with the best charges. Negotiating in person makes it easy for the client to clarify unclear issues. The probability of offending a client is high when communicating through the phone or email. A face-to-face communication helps to quickly solve any possible disagreements promptly.

 

22 Aug

4 Tips When Discussing Finances with Your Legal Client

LAW-FIRM-BILLING-SOFTWARE-9.jpg

What’s the Most Effective Way?

 

Most people find it quite challenging conversing about money particularly when lawyers are included. You need to understand the most effective ways of talking to your legal clients about finances. The practice of law should be considered as both a business and a profession meaning that lawyers should be responsible for client representation as well as firm and personal financial matters. Whether you work as a single individual or in a group, the practice of law is as important as the business of law. Here are the best four tips of handling financial discussions with your clients.

 

  1. Consider Alternative Pricing Methods and Fee Arrangements

 

There are several of benefits of having alternative pricing and payment methods where clients have asked for them or when they seem suitable. Such options result in rewarding attorneys for their expertise, improving relationships with customers, getting good results, and reducing the chances of disagreeing with clients. While examining alternative fee arrangements, you must keep in mind that the value does not always match the cost. It is important to remember the client’s objectives when you bill for your services.

 

Start with understanding the client’s values and needs. Ensuring good communication with your client is essential particularly when using alternative value billing and fee arrangements. Good communication with customers helps to define and establish the specifications given by the client. Always ensure that you thoroughly understand the client’s objectives seeking clarification from them. Good preparation is mainly determined by successful communication with a customer.

 

When establishing the most appropriate fee arrangement, determine the client’s expectations and goals. Defining the client’s objectives is an ongoing process. Also, determine whether the client’s expectations and goals are attainable and reasonable to come up with the most reasonable charges.

 

Understanding how a client is likely going to value your services is one of the essentials for the law office. For instance, the client may look at the cost of the dollar. Understanding how the client determines or measures value helps you to communicate your proposed fee arrangement.

  1. Consider Using LAW FIRM BILLING SOFTWARE

 

Thousands of law firms use LAW FIRM BILLING SOFTWARE to automate their organizations. Getting legal billing software will enable your company get more operations done within a short period. The legal billing software has the following benefits:

 

  1. a) You get paid faster.
  2. b) You save hours billing monthly.
  3. c) The software can generate multiple bills instantly.
  4. d) You can track balances from accounts.
  5. e) The software improves efficiency because it saves time.

 

At times, you may want to work outside your office. The LAW FIRM BILLING SOFTWARE enables you to work anytime and from anywhere because you can access it with iPad, Android, and iPhone applications. Additionally, it is user-friendly and easy to use. You can also keep track of matters, expenses, time, and contacts to avoid inconveniences.

 

  1. Contemporary time keeping

 

Contemporary time keeping leads to better records, more money, and fewer chances of malpractice and billing errors. Failure to keep time records frequently invites problems. Application of a Differentiated Case Tracking Program helps to schedule many cases according to personalized timelines that are established by the court. Clients want to be served promptly to save their time. The Program is a system that is not only efficient but also timely. Client’s cases that need to be heard can be scheduled in the most reasonable time frame.

 

The Differentiated Case Tracking Program continues to grow in recognition because it enables lawyers to enhance their objectives. The program tremendously saves money and time for court. A typical case that took several years to finally come to trial takes a shorter time than before. By applying for the program, you can ensure that a particular case goes through certain cutoff dates to ensure prompt disposition.

 

  1. Negotiate in Person

 

When negotiating about money through the phone or email, it ‘s hard to have a meaningful exchange. It is almost impossible to have a detailed discussion about finances because a big portion of any communication is non-verbal in nature. A face to face communication helps you to read the body language of the client. You can also gauge the understanding of the client thus coming up with the best charges. Negotiating in person makes it easy for the client to clarify unclear issues. The probability of offending a client is high when communicating through the phone or email. A face-to-face communication helps to quickly solve any possible disagreements promptly.