Top Time Tracking Mistakes Legal Firms Make
Wednesday, 20 October 2021
Time tracking is an integral component of running a successful legal practice. The implication of improper time tracking can adversely impact a law firm. A 2020 Legal Trends report shows that lawyers spend 30% of their typical day doing billable work. This leaves approximately two-thirds of their workday on non-billable time. Lawyers can successfully address this discrepancy
- Published in Legal Business Tips, Time Tracking
How to Deal with Volumes of Unstructured Data in Your Law Firm
Thursday, 30 September 2021
A typical law firm interacts with tons of data every day. But not all of them are concise enough to influence accurate decision-making. In fact, 80% of data that organizations deal with regularly is unstructured. Commission examples include social media chat history, emails, PDFs, user reviews, videos, images, and many more. The trickiest part is that as
- Published in Legal Business Tips, Time Tracking
The Significance of Understanding Your Law Firm’s Competition
Thursday, 23 September 2021
Practicing law is not a battle. But understanding that you’re not the only law firm that needs the victory or settlement is crucial. Hence, knowing how to conduct a competitive analysis and why it is critical is a key success factor. Let’s face it; whether you are an established law firm or just starting, competition
- Published in Legal Business Tips
Improve Your Law Firm’s Bottom Line with Better Time Management. Here’s How.
Thursday, 09 September 2021
Proper time management is a challenge that law firms face. It is a crucial determinant of how lawyers and legal professionals perform in a business environment characterized by high volatility, ambiguity, uncertainty, and complexity. With clients’ needs and requirements changing by the day, law firms must modify how they relate to their clients in their
- Published in Legal Business Tips, Scheduling, Time Tracking
Do Your Clients Think Your Law Firm is Billing Too Much?
Tuesday, 31 August 2021
Billing legal clients requires sound professional judgement in terms of both getting the amount on the invoice to accurately reflect billable hours, and also in hitting the right tone and level of customer service throughout. Educating lawyers about the invoicing process, from descriptions and billing to addressing client concerns is something few firms contemplate. In
- Published in Billing & Invoicing
How to Use Email Marketing to Market Your Law Firm
Sunday, 29 August 2021
Email Marketing has become a powerful tool for most businesses, and law firms are no exception. According to research, the average ROI for email marketing is around $42 per $1 invested. This makes email marketing the highest ROI-generating tactic in the digital marketing space. In this post, we will show you why email marketing is vital for
- Published in Legal Business Tips, Time Tracking
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