Category: :aw Firm Billing Information

20 Oct

6 Legal Billing Tips for Immigration Lawyers

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Immigration Lawyers: Legal Billing Tips 

Immigration lawyers deal with a lot of legal documents. Without proper records, it may prove difficult to bill clients for services rendered. As a result, you do not get compensated well for your services as you may charge less or more. This is why it is important to have legal billing software to help manage the firm’s accounting department.
Here are six tips every law firm needs to know about law firm billing software.

1. Obtain authorization from the district office

It is important to obtain all the required authorizations from the district office to ensure that you have paid the correct tariff. You will need to highlight all the work you have performed to get the proper authorizations.
Lawyer Services and Payments (LSP) do not take into account discretion without the proper authorizations. As such, it only pays the maximum tariff without these authorizations, thus resulting in money lost.

2. Hearing days should be billed correctly

There are several factors that are taken into consideration when billing hearing dates and entering the hours in the billing software. For starters, you should enter the hours you attended and leave out waiting time as your services were not in use then. For adjournments, ensure that evidence was presented before the court; otherwise, it is not permissible to bill for adjournments.
When billing for hearing days, ensure that you clearly specify the services you provided as well as the results of the case; be detailed and avoid generic descriptions.

3. Billing for letters

You will find it necessary to send letters regarding your case to your client and other relevant parties such as representatives and other lawyers. You should charge for these letters too.
The amount you decide to charge per letter is entirely dependent on you. However, you should not charge based on the number of letters you send. Instead, charge as long as the letter you sent to each party is unique. In other words, if you send the same copy of a letter to multiple parties, then ensure that you charge only once for the letters.
It is not necessary, but it pays to be detailed – as such, ensure that you explain how the letters you send will advance your clients’ cases.
4. Work with a reputable software designer
The efficacy of the legal billing software will depend on the expertise of its designer. With so many designers online, it may prove difficult to settle on one. However, there are several reputable companies that specialize in designing law firm billing software. As such, review several of such firms and choose one depending on your needs.
You also have the option of buying standard billing software or getting a custom-made one—the latter option is better as your law firm is unique and hence needs software that meets all your needs, but keep in mind that it may cost you more than the former.
5. Integrate credit card processing
Credit cards are the preferred means of payment by many people. As such, it would be prudent to integrate credit card processing with your law firm billing software.
Integrating credit card processing will be good for you as well as your clients. For starters, it will make it easier for your clients to pay online without the hassle associated with cash payments. Additionally, it will reduce the amount of work you have to do to process payments on your end.
Some standard billing software feature credit card payment options. However, it would be better to custom-design your software to ensure that it can work with all types of credit and debit cards and for mac productivity.
6. Integrate billing and-accounting
Billing and-accounting are two independent departments, but they should be integrated to make it easier to keep track of, and process, payments.
The software is responsible for cashing invoices, while the accounting-department keeps track of money-related matters. Without proper communication, it becomes difficult to keep track of these payments especially if the billing software accepts credit card payments. This is because most credit card merchants tend to batch deposits, hence making it seem as if multiple payments from different clients are a single deposit.
Conclusion
Immigration and refugee cases are complex enough without the hassle of keeping track of payments. As such, get billing software to keep track of payments and ensure that you get paid well for your services – it will make your work in South Dakota odyssey case management much easier.
19 Oct

Different Types of Billing Methods for Attorneys

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Billing Agreement Between Client and Attorney

No matter what field of law is sought after by individuals, that firm or office will perform the task of billing. Whether the law field is corporate, bankruptcy, criminal, health, family or immigration, the people involved is a client, an attorney and staff.

The individuals will be bound together by an agreement which will outline one of the different types of billing methods for attorneys. The agreement for the billing method is to simplify an understanding of the exact billing fee arrangement containing the hourly rate, a contingent fee and a retainer.

Simply put, a retainer is upfront money paid by the client to the attorney to begin their work. Generally, part of a retainer fee will be returned to the client after the attorney’s costs have been subtracted, but this is usually based on hourly fees.

Billing Methods

Other types of billing methods include a contingency fee, a straight/flat fee and an hourly fee.

1. Contingency fees
These are fee that are the more common type of billing methods used by attorneys. This type of billing is applied under the agreement that an attorney receives their fee only if they win the case. This is a common personal injury and malpractice case billing method. The reality of a contingent fee is that the law firm receives a percentage of the settlement cost, plus expenses, then the client will receive the balance of any monetary settling case.

2. Straight/Flat fees
An exact dollar amount for the work an attorney will perform on a client’s case is agreed upon at the beginning of an agreement. Under this method, there is certainly not a lot of billing hours and lengthy time management involved. An attorney does not have to keep track of the billing time. Using this billing method generally involves straightforward family law cases involving divorce, Wills, foreclosures, etc.

3. Hourly Fee
Even more common than a contingency fee is the hourly billing method. An hourly fee is based on what an attorney charges as their hourly rate. The client receives a bill each month outlining the attorney’s charges. This type of billing is affixed to any type of case that a client seeks out an attorney for, especially monetary suits.

Why Law Firms Need Legal Billing Software

Is it any wonder why a new billing method needs to be used by today’s law firms, no matter whether they are small firms, medium size firms or a corporate firm. The billing and finance area of law is truly outdated because it is almost a manual effort. Generally, attorneys would have their paralegal staff keep track of their daily work time and expenses which could be in the form of hard to read stained receipts and other types of unintentional lost billing actions.

Advanced LAW FIRM BILLING SOFTWARE technology is available to help attorneys with their time and billing management. Advanced software systems remove the guesswork out of an attorney and his billable staffs’ work load. Software solutions can create reports for each of the attorney’s clients, billable time is easily recorded for contingent fees, hourly fees or fixed fees.

LEGAL BILLING SOFTWARE can also create individual client invoices for mailing or to be sent via email. Intuitive software can help keep track of documentations and can be integrated into other bookkeeping software systems.

With the use of tablets or mobile phone, an attorney can input their time into LAW FIRM BILLING SOFTWARE programs or apps without interrupting their moment by moment tasks. Law firm accounting departments can easily sort an attorney’s client cases, expenditures time tracking, calendar dates and more.

Example of an Autonomous Billing Software

LEGAL BILLING SOFTWARE like the government’s Longshore Case Management System (“LCMS”) which can hold a massive amount of client data. This system has a variety of automated features, as in case searches to deter any chance of duplicating files as an attorney can create new case files.

If an attorney is handling a personal injury case as the LCMS is centered around (Black Lung Benefits Act), this system keeps track of all facets of an injury case from beginning to end. The LCMS holds records of the medical providers, attorneys representing claimants who provide information in support of compensation claims, coal mine operators, insurance carriers, surviving relatives, claims and benefits.

Legal Billing Software Added Benefits

Additional LEGAL BILLING SOFTWARE benefits include:

• Conflict report checker
• Run reports based on a data analysis in different formats, i.e., Excel and PDF
• Compliance
• Bill collection information
• Stopwatch track time
• Check invoicing
• Cloud-based confidentiality and security

Using billing and time-keeping software, attorneys have more time to better manage their case load and to devote more time to helping their clients win their case. Today’s innovative software features are user-friendly so that with just a click of a button, billing data is entered where at one time this was considered a laborious and time-consuming task.

17 Oct

3 Legal Billing Tips for Criminal Law Attorneys

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Criminal Law Attorney Tips

The Need for Embracing Technology in the Legal Arena
Even as the legal fraternity still grapples on this cusp in “age of data”, the need for using efficient and reliable billings system becomes inevitable. But coming to think of the systems that have been in place, such as the time-based form of billing, there is need for legal billing software. From the foregoing, most legal firms have always conducted their business using archaic forms of billing that end up to be time-consuming and generally inefficient. Worse still, it becomes more challenging when legal attorneys conduct their litigation devoid of appropriate technological understanding. The technologies herein necessarily mean the various strategies that they need to employ in making accompanying processes efficient. The article will therefore focus on 3 legal billing tips for criminal law attorneys that ensure utmost time-tracking, bill preparations and trustworthy accounting.

Legal Time and Billing

First and foremost, as an attorney, you need to adequately invest in sophisticated legal billing software that provides end-to-end and integrated coverage for an attorney’s billing chores. In addition, such software eases any batch processes in invoices and even low-retainer reminders for all clients. The reminders also cover the chances of the attorney’s clients to making payment via credit their credit online. As a reliable tip, when an attorney uses legal billing software, he is able to post matter costs concurrently as draw payments or expense. Such a provision allows the attorney to operate and accord trust to the account balances in an updated and a manageable manner. To add, it is important to ensure that the software is able to capture the slightest billable activity in real time. It is sufficed to say that time spent on multiple matters must therefore be tracked and even the current period gets added to invoices.
Jotting Down Various Tasks as Soon as they are conceived or even Implemented
Bearing in mind that lawyers are always busy individuals, the need for recording time should k=just be prompt. The likelihood to forget assignments and tasks is usually high and hence, recording time just after completion ensures accords the best way to remaining accurate. One dispensation of the law firm billing software is the built-in timers that go a long way helping attorneys with the task of capturing moments as they happen. The device becomes more essential with meetings and phone calls that must always display some level of organization and more importantly accuracy. Lastly, the built-in timers will also ensure that whenever you do not have access to your personal computer you can still have tasks recorded. After jotting them down, you can later transfer them to your Smartphone (Mac books preferably) or notebook for other purposes of accountability. Talking about the Smartphones ushers in the world of Mac productivity where its devices have proved reliable as with conducting legal business. Through iOS products, synchronizing, customizing and back-to-end system integration have become executable and have thus made using data analytics in the law firm much easier. A good example points to how South Dakota Odyssey Case Management Department have had their e-filing systems guideline synchronized with Mac-enabled devices to allow for easy management of data. Through integration with law firm billing software, the apps have an attorney notification system that allows any information, for instance for billing to reach each attorney through his handsets. Another provision allows members of public to access the various dispensations found in the Mandatory Order.
Keeping descriptions as detailed as possible
When you become more precise with your time entries as an attorney, there will be minimal or no time spent by clients looking out for further clarification whenever they are served with their bills. In this regard, it requires one to be more succinct and detailed as possible whenever the need for giving details becomes a requirement. A good tip in this case can consider following a sample like: “Attendance in a federal court to instruct Mrs. Colder of Counsel before Her Honor Judge Rachel in application for a summary ruling (application successful)”. Such an excerpt shows more in depth explanation than having to say: “In court attendance”. Considering the latter detail, there is lack of depth and it raises many questions pertaining to who did what and in which level of the court. In contrast, the first example offers sufficient information in regard to the nature of the task at hand. It further confirms to the client that you value the task that you have at hand and he or she has no problem with the any finance or monetary-based engagement with you as the attorney.
15 Oct

Legal Billing Software: Road for Success

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Legal Billing Software: Road for Success

A good piece of office software can change your life. By automating the dreary and repetitive tasks, busy legal professionals save time, money and headaches. Todays product offerings for legal billing software are a diverse bunch, all types of legal software options to ease process from payment to case filings. Most of all the legal software options are available on your phone, some have apps, all with functions executable via iOS of Mac productivity platforms.

An active and well-represented category of software

Law firm billing software is a product that is highly-reviewed, right up there along with Gucci satchels and Pokemon plush characters. In fact, the rankings for the top 20 Legal Billing Software performers have just been ranked, compared and reviewed.

How the product offerings were reviewed

There were some stand outs, excelling in categories that other software did not offer. Most of the legal billing software does just that, smoothly handles and executes billing processes. Many companies offer products that offer legal billing as an option, the main star is a legal management website or service. If possible, choosing a legal management service, which features billing solutions as an option, could offer greater rewards than choosing a service provider with limited selections.

The first example of software that made the list

MerusCase, for example, is a cloud-based offering (some are not cloud-based) that is suited to all sizes, complex and large, down to solo. This is actually an important distinction because many law billing providers serve specifically small sized law firms and solo attorneys. For $39 a month (per user), participants have access to training and support options:

• Cloud, SaaS, Web
• Documentation
• Webinars
• Live Online
• In Person
• Online
• 24/7 Live Representative Access

A legal product with a huge following

Another company that is represented in the top legal product list is CaseFox. Besides a cute namesake, CaseFox has a massive online following, with one of the highest amounts of reviews posted. A cloud-based service provider, CaseFox has a target audience. This is software best suited for certain professions, investigators, psychiatrists, consultancy firms would benefit best from the billing features. Solo to medium size firms would perform best with this software. The reviews are solid and consistent. Stephen, a paralegal that has used the software for at least a year reported that it has enormous timekeeping potential, remarking “this is a great timekeeping software that is easy to use.”

Free and High-Performing

With an equally attractive name comes SlickPie. Billed as the perfect accounting software for small businesses or solo entrepreneurs, perhaps it is perfect- it is free. Serving freelancers and non-profit groups, the reviews posted online have been overwhelmingly positive, way above positive. One of the few complaints was the lack of a web browser extension button for Google Chrome. One user, Mohon, remarked on the addition, noting “they heard my humble requests and finally released a Google Chrome extension.” Mila, a production manager, also reviewed the product and posted a review commenting “it’s a handy way to send invoices and get paid.”

A simplified beginner user experience

The road to success in law billing can lay in the integration of the product into your current situation. The ability for the product to interact with data sources at the office is key to the overall success of the product. If users cannot import information easily, the efficiency of a product is moot. Seamless coordination and data merge procedures, are essential. A road for success will be a smoother one, Firm Central, offers cloud-based management system software. Seamless work flow is their middle name. Besides streamlining work flow, the latest in leading industry security measures are present – keeping valuable data safe. Tested by a user based at South Dakota Odyssey Case Management studies, noted the superior performance of the law firm billing software, notes “its intuitiveness, flexibility and ease of use.”

A capable legal software product will pave your road to success

The ability to track account activity, run reports, capture billable hours and track expenses are all features that top legal billing software offers.

14 Oct

4 Legal Billing Tips for All Attorneys

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Capture Your Time

Effective billing practices is essential to the success of any law firm. Accurately capturing all the time spent working on cases and turning them into billable hours is important to every law firm. While using law firm billing software can help with accounting for the hours spent on legal projects, legal billing software alone isn’t the answer. There are a number of other steps law firms can take to make billing smoother and more accurate.

Proven Methods

There are several proven methods and techniques law firms can use to get a handle on their billing. The following are a few many successful law firms have used to improve the accuracy and effectiveness of their billing practices.

1. Create Clear and Simple Invoices
2. Record Billable Hours Promptly
3. Use Legal Technology
4. Good On-Going Communication

1. Create Clear and Simple Invoices

Many billing problems are rooting in misunderstandings between the law firm and the client about exactly what tasks the billing invoice covers. In some cases the person on the client’s staff responsible for checking and paying the invoices may not understand some of the technical legal terms used in the invoice. In other instances they may be confused by block billing and what tasks were done during the block of time for which the client is being billed.

The solution is to avoid block billing and instead include a clear description of each task performed and how long it took. The law firm should also make sure not to use too much ‘legalese’ when creating invoices. Often the people charged with paying the invoice have no legal training and when complex legal terms appear on the invoice, they put it aside until they get further clarity. This creates bottlenecks and delays payments. Using clear, simple terms can solve this problem and keep the payments for the billed hours flowing.

2. Record Billable Hours Promptly

One of the keys to keeping an accurate record of the hours spent working on a client’s behalf is to develop the habit of entering the length of time it took to complete a task into the law firm billing software or on a note pad as soon as the task is done. Taking a moment to do this not only ensures the firm will be paid for all the time it spent on the case. It also helps the client understand what was done, when it was done and how long it took. Most clients appreciate this and it also helps to speed up the length of time it takes for the legal bills to be paid.

When legal staff wait until the end of the day, week, or month to record the amount of time they spent working on a particular task or project, it can lead to inaccuracies and ‘guestimations’. To some clients that is equivalent to perjury. In actuality waiting too long to document the number of billable hours it took to complete a task can end up hurting both the law firm and the client. It can lead to overestimations, underestimations and confusion. Recording the time right away eliminates that problem.

3. Use Legal Technology
There are many types of law firm billing software and other technological tools available that law firms can use to improve the accuracy and flow of their billing processes. These are designed to meet the unique needs of attorneys. These types of legal billing software can make it much easier for attorneys to record the amount of time they spend on each task related to a case. The software and other tools also enable the attorney and other staff at the law firm to compute the number of billable hours spent on a case by simply pressing a few buttons.

Some firms use the Longshore Case Management System while other firms use different systems that they find better suited to their needs. The key is to find one that’s easy to use and improves billing accuracy.

4. Good On-Going Communication

Clear communication between a law firm and their clients right from the start can usually prevent billing problems from occurring. If the law firm establishes a reasonable fee agreement and puts it in writing before they begin to work, that can help to avoid confusion and billing issues. The firm should also provide a clear description of the legal work they will perform and agree on a billing schedule. Any additional fees, added expenses or rate increases should be discussed with the client before implementation.

12 Oct

How a Legal Billing Software Can Keep You On Track

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How A Legal Billing Software Can Lighten Your Work

Legal software, law firm billing software to be precise – has a variety of purposes. Sure, we all know that a powerful software tool can help to analyze data. It is the ability of legal billing software to keep office practices and you – on track.
Let’s discuss some of the ways that billing software can assist with offices processes, and how law firm billing software products – can enhance office productivity and keep you on track.

How law firm billing software can help keep you on track

Legal billing software, true to the namesake, assists participants with the legal billing process. The software created and developed by teams of senior engineers have added other features to programs. These additional features are also helpful and assist office flow. A multi-purpose software option, sometimes known as a complete legal software solution, will often have added benefits. Besides handling billing, features such as legal calendaring and practice management. Help in these areas could save legal professionals time, money and sanity.

MyCase streamlines legal office flow

Take for example MyCase, a legal software product. Developed to assist lawyers and all things law, MyCase comes laden with features:
• Web-Based with Mobile Access
• Document Management and Assembly
• Secure Client communication Tools
• Time and Legal Billing Features
• Organized Cases
• Online Payments

MyCase takes it a step further than managing legal finance to help keep busy law professionals on track. This company offers professional websites, QuickBooks Integration, Scheduled Payment plans and contact management.

A business management solution keeping law offices on track

BQE Core is a business management solution, with users reporting enhanced Mac productivity for users, as well as PC users, Mwith the simply designed and smooth interface. An online reviewer posted a comment reflecting on experience with the software noting “I’ve been a user for two years.” The software helps to keep professionals on track with strong time management features, also offering synching and invoicing via QuickBooks.

LeanLaw keeps users on track and excited

Also keeping law office across the United States on track is LeanLaw, another legal services solutions provider. The main consumer target of LeanLaw is a group composed of small and solo law attorneys. The theme behind this company is to lighten the “drudgery” of the typical office workload. Recently, a case worker assigned to the South Dakota Odyssey Case Management program had the opportunity to use the program with resounding success. “Their customer service is wonderful: responsive, thorough and friendly” one user raved. Another thanked the product for a life-changing experience, “they get what it’s like to practice law and have built a product around a law firm’s needs.”

The many offerings of Zola Suite

Zola Suite is created to offer multiple ways to track and bill time. Users have the ability to create multiple timers, as well as set automatic timers for emails or phone calls. Self- described as legal practice management software, users have the power to convert tasks entries to time entries. The ability to also convert activity log entries to time entries is offered. Track times through desktop or mobile device, both iOS and Android compatible. The area of time entry is a segment that has been smoothed and refined, the following features are offered:

• “No Charge” option and “No Charge Don’t Show” selections
• Flat fees can default automatically to “No charge Don’t Show”
• Select increments to round-up, per matter (e.g. 6 minutes)
• Enter time in decimals or HH:MM formats
• Conversion into UTBMS codes for LEDES applications

How Needles keeps law professionals on track

A sharply named contender, Needles is the leader in law firm software, with a solid reputation in the industry as a Case Management Software leader. The platform developed by Needles blends easily with any law practice type, of all shapes and sizes. Making this a universally popular option, the software also has the ability to integrate with multiple programs including accounting and document management programs. Some law services providers have created Needles with the success of their office, one happy and pleased user exclaimed: “I really cannot imagine running a personal injury practice without Needles.”

10 Oct

Accept Online Payments with a Legal Billing Software

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Law Firm Billing Software

 

Ride at the forefront of the latest in e-commerce payment solutions, targeting legal billing software, also commonly known as law firm billing software. You may wonder exactly what law firm billing software is designed to do, and how many product offerings are there of legal billing software.

 

It turns out there are quite a few options, it’s a competitive market. Regardless of the specialty practiced, all attorneys need digital assistance with time and billing management. This is where law firm billing software is rated.

 

The criteria for evaluating the software will include a variety of factors. The responsiveness of the market will be measured, how many online reviews have been posted? After measuring the quantity of the reviews, ratings have been compiled based on the strength and quality of the online consumer reviews.

 

Here is a list of the best and brightest, the Top 6 Law Firm Billing Software options, ranked and compiled from across the web. In no particular order, here are the top six contenders.

 

 

A popular client network

 

 

PracticePanther offers legal payment solutions software, with a current client base composed of “thousands of law firms” congregated across an impressive 35 countries. PracticePanther billing software is designed to assist attorneys, helping to automate their firms and legal processes. This is a must for increased work productivity!

 

  • Compatible with both iOS and Android
  • Track expenses on enabled devices
  • Track contacts and scheduling
  • An encrypted client portal ensures secure message transmission

 

A legal management solution combined with payment solutions

 

Clio is known as a legal management solution, that offers billing services within the program. Cleo is cloud based technology. Paralegals have reviewed Clio extensively online. Some users noted the advanced nature of the software and learning curve. One user said that certain features are “difficult to get used to.”

 

Utilization of a cloud-based platform

 

TimeSolv Legal Software is also a cloud-based solution. This program was initially designed exclusively for law firms. The flexible nature and extremely popular user interface have led to growth over several industries. Accountants love using TimeSolve, it integrates features like time trackers. Consultants, accountants, and freelancers all actively use the software. Mac productivity, or people that like working on apple products, all can use the popular product.

 

An interactive software experience

 

AbacusLaw is a product, coded by senior programmers, developed specifically for legal practice services. The software is interactive, growing along with the business. This software is known as case automation software. One of the tasks performed by the software is the automation of deadline management. Abacus also has the ability to centralize all documents in one area (emails, notes) directly generated for signature-ready form. One dedicated paralegal noted the exceptionally designed user interface commenting “I have used Abacus for over 10 years and have found it to be extremely intuitive to use.”

 

An award-winning industry-changing product offering

 

Another software option arrives in the shape of MyCase. This is an award-winner, receiving honors for customer service. The Silver Stevie Award celebrates and recognizes high-caliber customer service providers, MyCase was the recipient of one. Known as a innovate online system, this is created for lawyers. A reviewer from a Florida State University law practice commended the high customer service standards set by this company commenting “it is easy to use, good customer support.” Another satisfied customer said that the training of the customer service personnel was exceptional, reporting “they generally get back to you within 24 hours.”

 

The last but not the least

 

Next is Smokeball, a software that specializes in legal-centric processing tasks. Features of this software include case management, billing, accounting, time-tracking, calendaring and contact management. On user detailed the experience, the product “features rich client and document management systems” while “integrating well with the office for document automation and email tracking.” The results were not always positive. Some users had higher expectations for legal software complaining this “is a poor billing program. No accounting or linking with QuickBooks.

 

9 Oct

Are You Charging Your Legal Clients Too Much or Too Little?

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Tips on What You Should Be Charging Your Legal Clients

Knowing how much to charge your clients, in any field of work, can seem difficult at times. This issue is especially prevalent when dealing with legal clients and law firms. Truth be told, this problem can arise from a number of reasons. Whether those reasons be personal, financial, or anything in between, it’s obvious that one needs to get rid of this problem in order to benefit the most from your clients. With that said, here is a brief overview of the ways to stop overcharging or undercharging your clients, that we will be going over.

1.) Law Firm Billing Software: Also known as legal billing software, these tools help in tracking and managing cases and documents in order to bill and collect the right amount of money necessary.

2.) Paralegal Assistance: Qualified and well equipped, these assistants take on any legal work you need help, including advice and tips on how much to charge your legal clients.

3.) South Dakota Odyssey Case Management: This system was designed to handle the issue of ever and underpaying clients. It handles everything from financial case data supervision, to e-filing and online payments.

4.) Assuming all clients are the Same: Assuming that all clients are the same, meaning not approaching one case different from another, can in extreme cases, lead to loss of clients.

5.) You Don’t Feel Valuable Enough: Even though assisting clients in legal matters is a very valuable skill to have and to offer, not feeling that you are worthy enough of a clients time and money, most likely means you are underpaying or overpaying a client.

 

Before we get more in depth with these tips, note that the first three are more of resources that one can use to make sure you are not overcharging or undercharging clients, while the last two are personal tips that one can implement while on the job. Now that all of that is cleared up and out of the way, we now have a general idea of the terms and reasonings. So, let us get right into the specific details, without further ado, here are a few tips that let you know if you are charging your legal clients too much or too little.

 

Law Firm Billing Software

 

With law firm or legal billing software, you are solving the issue of underpaying or overpaying clients, first hand. Legal billing software, are design specifically to handle this type of legal work. By using these type of platforms, you are helping facilitate better communication between you and your clients. This, in turn, eradicates the problem of correct billing and payment, altogether.

 

Professional Assistance

 

As mentioned before, these highly trained and qualified professionals will take on any legal work, including billing and payments. As a licensed legal workers, they provide clients with payment opportunities such as loans and advancements. In addition, they handle other work of law and legal procedures, to make sure that the relationship between attorneys and clients is great. That way there is no issue over how much or how little to charge for your work.

 

 

Odyssey Case Management

 

Another great resource to use is the Odyssey Case Management system. Seeing about their work, you see that they handle any type of civil case, with the intentions of making sure any financial data or financial documents, are supervised and well taken care of. In simpler terms, they handle the billing of clients in a fair and just manner.

Assuming all clients are the Same

 

Although this may seem like a no brainer to do, being that all cases in the legal system are different in their own ways, there still seems to be a problem with treating clients the same. This great tip brought to you by the website, timesheets.com, goes into detail on this issue and explains how despite there being cases of similar issues, the clients themselves need to be treated in their own ways. What this means is, getting to know your client on a more personal level. Once a personal connection is established, when it comes time to charge for your legal work, there is less likely to be an issue by the client over how much is being charged.

You Don’t Feel Valuable Enough
Another great tip by business advice website, timesheets.com, this tip sounds to be more of a personal hump that you as an attorney, need to get over. It starts off in the beginning as a freelance legal advisor trying to make a name in the legal world. When one is starting off as a legal consultant, a lot of work is done for little to no pay just to establish connections within the business. However, there comes a time where your work becomes more valuable and needs to be paid accordingly. Once you get over that hump, you will have no problem explaining to clients why you charged them that certain amount.

Sources:
1.) https://www.timesheets.com/blog/2015/06/4-signs-you-are-under-charging-your-clients/

2.) http://www.callawyer.com/2015/12/have-you-been-overcharging-or-undercharging-your-clients/

3.) http://www.legalmarketingmadeeasy.com/not-charging-enough-for-legal-services

4.) https://www.lawyerquality.com/article_fees/

5.) https://www.entrepreneur.com/article/233301

6.) http://tamarasuttle.com/setting-different-fees-for-different-clients/

7.) http://okdork.com/how_to_not_feel_guilty_for_charging_what_you_are_worth/

8 Oct

Organizing Legal Billing for a Tax Law Attorney

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Organizing Records For A Tax Law Attorney

You may use law firm billing software for accounting purposes as explained by Washburn University and the New York City Law Department. You will find that legal billing software does quite a lot for you, and you will notice how simple it is to use the program once you have begun. Law firm billing software will work well when you are a tax attorney, and you will feel as though you are sending every payment at the right time. You will save quite a lot of time, and you will avoid confusion when payments are spread out and various.

#1: There Are Many Payments To Send

You are a tax attorney that must send payments back and forth to the government many times over, and you must have them sent to the right locations based on who your client is. You may have clients who submit payments for a number of different purposes, and their payments must go to someone who will log the payments properly. You may establish a relationship with the people you send payments to, and they will be send immediately over your secure server.

#2: You Must Complete Tax Records Using A Ledger System

The ledger system you use will help you complete a number of payments for clients, and you may show the completed work for your clients. They may read over their ledgers, and they will learn quite a lot from the information you have included in the ledger. You may keep years of records for your clients, and they will be secure because the program uses a secure server that transmits online properly.
#3: The Law Billing Software Ensures That You May Accept Payments
You may often take payments from your clients because you have taken the time to pay the IRS for them. There are quite a few payments that you may take from clients, and they will pay online to your account. You are simply replenishing your account from the money you paid to help your clients, and you will find that you may have more payments submitted every day simply because your clients may use the online system.

#4: Law Billing Software Create Invoices 

Law billing software will help you create a number of invoices for your clients, and you will notice that your invoices are printed in a. Style that is easy for your clients to read. They are hoping to have their invoices read out everything they have been charged for, and they will pay the invoices that must more quickly because they are in possession of something that explains what they are being charged for.

#5: The Law Firm Billing Software Will Help With Payment Transmission

You must send your own payments to the IRS on a regular basis, and they will expect you to use a secure server to do this work. They will be pleased to help you when you have questions about much must be paid, and you may send secure communications to and from your IRS advisor. This is an important part of your job because you are serving as the liaison between the IRS and your client. You are keeping the waters calm for everyone, and you are saving them quite a lot of trouble.

#6: There Are Many Offices That Need Legal Billing Software

You have offices that may not use software to manage their clients, and it becomes quite difficult for these clients to pay their bills or a see the ledger on their account. Someone who is searching for an easier way to manage billing may use the software, and you may keep all case files in the program. You will secure all the sensitive information about your clients, and you will feel as though you are not wasting time or money when communicating with clients. They have an expectation that you will do so diligently, and the program allows you time to complete your work with hurrying.

You must invest in billing software today that will help you complete your work in a timely manner. You may have the software upgraded often to ensure that you will have the most-current version, and you may use any and all items that have been added to the software. There are many software programs you must use to ensure that you are billing properly, and you may organize your cases in a manner that makes them easy to access. It is much simpler to run a law practice once you have case management software.

4 Oct

Do Your Prices Match Your Legal Hours?

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Will You Always Be Needed?

Sooner or later, it’s imperative to hire legal representation. Whether the case is criminal, malpractice, or personal injury, it will behoove anyone to hire proficient legal representation. With people hiring you, you will always be needed for your professional skills.

Different Fee Arrangements

Fees varies among legal representation. If differs due to the experience level of the lawyer, whether or not the lawyer is specialized in one field or another, and whether or not the attorney is within a rural or small area or in a big city. Also, the fee arrangements for most civil cases could be paid by the hour, through a flat fee, a retainer, a contingency fee, or a combination of any of these arrangements. In rural and small towns, attorneys’ fees could be $100 to $200 per hour for experienced lawyers, and the fees could be $200 to $400 per hour for experienced lawyers in big metropolitan locations. The hourly rate tends to be more for experienced lawyers within a specialty as well.

Details on the Other Fee Arrangements

A flat fee is normally applied to simple cases that are well-defined, such as wills, easy bankruptcy filing, and uncontested divorces. It’s important to find out the details of what the flat fee will and will not cover. A retainer is an advance payment from the client to the attorney for their services. With this payment arrangement, the cost of services are deducted from the retainer fee. The contingency fee is no upfront payment. In this case, the attorney is billing the client a percentage of the money judgement or settlement won in the case. This fee is normally applied for automobile accident lawsuits, medical malpractice claims, other personal injury claims, and debt collection cases.
Pro Bono or Low-cost Legal Representation
Legal fees are really expensive, and many times clients with low income can’t afford them. Because of this, there are attorneys who will provide services for Pro-Bono, aka free, or at a low cost. Very affordable, legal representation can be done with the hiring of a paralegal, for instance. With this, the cost is a lot smaller portion of prices normally associated with other legal representation. At Washburn University, for instance, they have law clerks that will assist clients on their cases as well as represent them in court. They will do all of this for very affordable prices. Also, this college has some school of law online resources to assist clients for self-help legal purposes.
Other Important Things to Note
Many times, lawyers have a law firm billing software. Many of them are great management tools for law offices to manage billing; however, they are subject to error sometimes. Some complaints from law offices concerning the law firm billing software include it not fitting the scope of the law office’s needs, not enough customer support, the legal billing software doesn’t keep up with the lawyer’s fees, the software being too difficult to use, and insufficient training in using the legal billing software. Because of these situations, it’s crucial to keep up with receipts and records of payment. That way, if something comes up, you can show proof that certain amounts are already paid.
Conclusion
It’s always important to know the details of the fees. Get the details of the fine print containing possibly other fees, such as court costs, filing fees, delivery charges, and more. With all of these extras in fine print on top of the issues with law firm billing software, fees can really mount up. However, you will remain in control of your legal fees when staying abreast of all the details.
4 Oct

Do Your Prices Match Your Legal Hours?

LAW-FIRM-BILLING-SOFTWARE-11

Will You Always Be Needed?

Sooner or later, it’s imperative to hire legal representation. Whether the case is criminal, malpractice, or personal injury, it will behoove anyone to hire proficient legal representation. With people hiring you, you will always be needed for your professional skills.

Different Fee Arrangements

Fees varies among legal representation. If differs due to the experience level of the lawyer, whether or not the lawyer is specialized in one field or another, and whether or not the attorney is within a rural or small area or in a big city. Also, the fee arrangements for most civil cases could be paid by the hour, through a flat fee, a retainer, a contingency fee, or a combination of any of these arrangements. In rural and small towns, attorneys’ fees could be $100 to $200 per hour for experienced lawyers, and the fees could be $200 to $400 per hour for experienced lawyers in big metropolitan locations. The hourly rate tends to be more for experienced lawyers within a specialty as well.

Details on the Other Fee Arrangements

A flat fee is normally applied to simple cases that are well-defined, such as wills, easy bankruptcy filing, and uncontested divorces. It’s important to find out the details of what the flat fee will and will not cover. A retainer is an advance payment from the client to the attorney for their services. With this payment arrangement, the cost of services are deducted from the retainer fee. The contingency fee is no upfront payment. In this case, the attorney is billing the client a percentage of the money judgement or settlement won in the case. This fee is normally applied for automobile accident lawsuits, medical malpractice claims, other personal injury claims, and debt collection cases.
Pro Bono or Low-cost Legal Representation
Legal fees are really expensive, and many times clients with low income can’t afford them. Because of this, there are attorneys who will provide services for Pro-Bono, aka free, or at a low cost. Very affordable, legal representation can be done with the hiring of a paralegal, for instance. With this, the cost is a lot smaller portion of prices normally associated with other legal representation. At Washburn University, for instance, they have law clerks that will assist clients on their cases as well as represent them in court. They will do all of this for very affordable prices. Also, this college has some school of law online resources to assist clients for self-help legal purposes.
Other Important Things to Note
Many times, lawyers have a law firm billing software. Many of them are great management tools for law offices to manage billing; however, they are subject to error sometimes. Some complaints from law offices concerning the law firm billing software include it not fitting the scope of the law office’s needs, not enough customer support, the legal billing software doesn’t keep up with the lawyer’s fees, the software being too difficult to use, and insufficient training in using the legal billing software. Because of these situations, it’s crucial to keep up with receipts and records of payment. That way, if something comes up, you can show proof that certain amounts are already paid.
Conclusion
It’s always important to know the details of the fees. Get the details of the fine print containing possibly other fees, such as court costs, filing fees, delivery charges, and more. With all of these extras in fine print on top of the issues with law firm billing software, fees can really mount up. However, you will remain in control of your legal fees when staying abreast of all the details.