Sentences with phrase «billing needs of their law firm»

Our team is constantly exploring new and innovative methods to provide service while working with existing clients to ensure that we continually meet the billing needs of their law firm.

Not exact matches

Arguably, billing and accounting is at the top of a law firm's hierarchy of needs which would explain why PCLaw has more market share than any other case management solution (cloud - based or otherwise).
Where small firm lawyers who are overwhelmed by administrative tasks would not need to do them: They could join a franchise, which, benefitting from external investment, would have the resources to develop and offer to a large number of small firms streamlined IT infrastructure, billing, marketing and file management, advertising, and a branded name and logo, freeing the lawyers to practice law.
As this interaction between consumer, courts and lawyer becomes more apparent, law firms are growing increasingly conscious of the need to oversee quality, how time is spent, results and billing, the ingredients of cost - effectiveness.
By starting off every billing period with a legal assessment that provides the company with a clear understanding of its upcoming legal needs for the next few months, The Food Law Firm is able to establish long - term working relationships with its clients.
If, for example, unethical recording of billable hours is an issue in large law firm practice, the circumstances of practice in a law firm, and the regulation of law firms (by clients or by regulators) need to be designed to discourage unethical billing.
Jack Newton, CEO of Clio, which produces practice management software, cites what he calls a «client appreciation curve» to argue that law firms need tools to allow them to automate billing and collecting processes immediately after the work is completed.
These law firms were a reaction to the rise in Plaintiff's law firms retooled to gather the technical information and expertise (often gathered by government agencies and burgeoning universities fueled by GI Bill enrollment) that was needed to prosecute product liability cases and mass torts and to manage massive amounts of discovery and class action lawsuit in this complex litigation.
The January issue of the Legal IT Insider newsletter is out now, top stories include... Dealroom & extranet specialist HighQ receives $ 50 million in private equity funding — Goldman Sachs and Morgan Stanley among the investors + Intapp acquires Rekoop and now has 70 % of UK law firm time capture market + New Heads of IT at Macfarlanes — Andrew Powell headhunted from Nabarro as Maurice Millen retires + Edie Dillion promoted to global CIO at Norton Rose Fulbright + Ediscovery — the race is on to consolidate as deals spur «feeding frenzy» among Silicon Valley investors & scrabble by vendors not to be left behind + Zoopla GC Ned Staple Talks Tech: law firms need better time & billing software — real - time billing portals would be helpful
Although law firm billing software like CosmoLex takes the place of a lot of old paper - based billing, there are always going to be times you need to print paper checks.
As a legal budget owner, I am responsible for and need to manage this spend, or else the law firms will bill me out of a job!
Cloud - based, mobile - friendly, and built specifically for the legal profession, Clio delivers all of the tools modern law firms need to run a successful practice: calendaring, time tracking, note - taking, document management, task management, legal accounting, bookkeeping, and billing.
It is time to join the technological revolution with CosmoLex, the legal billing system designed specifically for the needs of solo and small law firms.
To make this work, law firms need a legal billing service that allows for time management and billing of services, even when tasks are completed away from the office.
«The problem for many transactional lawyers is that so much of the economics of a big law firm are based on an unrealistic number of hours that need to be billed simply to sustain a robust, profitable operation.
Law firms everywhere are transitioning to alternative billing practices to meet the changing needs of their clients.
Likewise, eBilling vendors will need to implement the new J - Codes, as the law firms will need to record them, and this will enable an easier comparison of client bills to the eventual Bill - of - Costs presented to the courts at the culmination of the case.
To associate this new Law Firm Profile with specific clients and / or matters, you will need to configure the LocationTag extended field, found within the Configure Mapped Clients section of eBillingHub, by populating the city, state, or internal code you chose in step number three above within EBH Storage and / or a user defined field within your firm's time and billing sysFirm Profile with specific clients and / or matters, you will need to configure the LocationTag extended field, found within the Configure Mapped Clients section of eBillingHub, by populating the city, state, or internal code you chose in step number three above within EBH Storage and / or a user defined field within your firm's time and billing sysfirm's time and billing system.
Multiple Points of Data Entry — A law firm's accounting needs can only be efficiently met when there is constant communication between the billing and accounting systems.
Equally important to the success of a law firm is the need to improve the effectiveness of its attorneys» billing and collection practices.
While Legal Tech has been more commonly associated with the application of technology and software to help law firms with practice management, document storage, billing, accounting, and electronic discovery, in the last few years it has blossomed more into a means whereby access can be granted to people through online software that might reduce or even eliminate the need to consult a lawyer.
For law firms to get smart about bidding on work they need a legal management infrastructure with deep knowledge and understanding of their matters, staffing resources, billing rates and spending data.
As Steve points out, focusing on how a law firm bills its services obscures the more fundamental conversations around value and cost that are needed to frame the process of negotiating price.
Any documentation is better than none, but ideally law firms should be using dedicated legal billing and accounting software to give the level of documentation and detail that might be needed when facing an ethics inquiry.
We know that you have your preferences of legal billing software, so we take the extra time and effort to ensure that your TimeSolv experience is convenient, comprehensive, and responsive to the needs of your law firm.
I was pleased to read the post on 3 geeks about value billing as this is definitely a topic that needs exploring further, not least because I'm astonished by the number of law firm partners who continually tell me that it's for clients to find a pricing model that works for the firm's services.
The implementation of CosmoLex's comprehensive offering that includes billing, accounting, and practice management can create a need for expert - level local help in navigating a law firm's specific needs.
In the initial set up phase, TimeSolv representatives review your law firm time and billing needs and provide specified assistance with the creation of:
The goal of this subcommittee is to define an industry standard REST Software API specification that will allow law firm time and billing applications to communicate directly to the corporate legal department matter management and e-billing applications, allowing law firm users to simply work within their time and billing applications to view the status of an invoice and to submit invoices, accruals and other legal data, eliminating the need to manually create and upload LEDES files to various systems.
We created Tabs3, the most award winning legal billing software, and used our more than 35 years of experience to design a cloud program that is tailored to the billing needs of solo and small law firms.
They and others have found ways of entering the market short of ownership of law firms and so without the need for an ABS licence as envisaged by the Legal Services Bill.
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