Why LawBillity Will Increase Your Law Firm’s Profits
Currently, law firms face three main challenges; resistance to change, lack of updated technological knowledge, and inefficient work systems. COVID-19 has brought these issues to the forefront, disrupting business as usual. There is no doubt that the legal industry is very conservative, particularly in embracing changes. There are three significant challenges to the traditional legal
- Published in Billing & Invoicing, Expense Tracking, Legal Business Tips, Reporting, Time Tracking
Tips to Embrace Technology in Your Law Firm
Law firms are starting to embrace technology to improve productivity and profitability. It is essential to stay ahead of the curve and embrace new technologies that can help you work more efficiently and effectively. A study carried out in 2020 involving 490 law practitioners showed that 84 percent of law firms were ready to adopt new technology
- Published in Legal Business Tips, Reporting, Time Tracking
Why LawBillity Will Increase Your Law Firm’s Profits
Currently, law firms face three main challenges; resistance to change, lack of updated technological knowledge, and inefficient work systems. COVID-19 has brought these issues to the forefront, disrupting business as usual. There is no doubt that the legal industry is very conservative, particularly in embracing changes. There are three significant challenges to the traditional legal business
- Published in Billing & Invoicing, Expense Tracking, Legal Business Tips, Reporting, Scheduling, Time Tracking
Here are 5 Top Reports Your Law Firm Should Be Running
Founding and managing a law firm is a significant investment. It would not be amiss to say that the heartbeat of your firm is closely linked to your own when it comes to finances, reputation, growth, and overall success. As such, it is vital to keep an ear on that heartbeat. Like any other business,
- Published in Billing & Invoicing, Expense Tracking, Reporting, Time Tracking
10 Ways of Increasing Your Law Firm’s Cash Flow
Cash flow shows the true picture of the financial health of a law firm. Poor cash flow management will make the firm struggle to stay afloat as it can’t pay bills, salaries, or, let alone invest. Law firms had no choice but to adjust to the economic downturn because of the impacts of the pandemic,
- Published in Billing & Invoicing, Expense Tracking, Legal Business Tips, Reporting, Time Tracking
Top 6 Ways to Automate Your Law Firm
Technology and the legal industry haven’t always gone hand in hand. It’s no wonder that the legal sector lags behind others when it comes to technology. However, there seems to be a change of heart in the industry recently. More law firms are embracing technology to navigate the tricky legal system, overcome the widespread security
- Published in Billing & Invoicing, Legal Business Tips, Reporting, Scheduling, Time Tracking
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