For attorneys, improper handling of retainers can result in disciplinary action. Time and again, attorneys are admonished for failing to handle funds properly. Client advances may need to be deposited in a trust account or in the firm operating account, a decision that must be made carefully because state rules vary and change from practice to practice.
Most first time users ask “how I setup when I already have prior client histories”. For this, you need to integrate your current client information and contacts from closed cases. One obvious choice is to add prior client information as individual clients. The other better method would be, Create one “fictitious client,” Enter all prior clients and their related contacts in the address book as a type of “friend.” Go back to the fictitious client and assign all the newly created “friends,” designating the relationship type as “former client.” This method allows you to add former client case related names and details to your new conflict checker database, without commingling old and current cases.
Your legal billing software must be able to handle all types of billing arrangements and the intricacies that arise. You do not want to run into a situation where your legal billing system cannot process a fee arrangement properly.
Law firms are usually required to keep each task (called “matter”) completely separate from other matters for the same client or other clients.
When a law office decides to implement legal billing software, the billing workflow of the entire office will usually change dramatically for everyone involved in the billing process. This will result in the need for training and development of a workflow that makes sense for that specific law office.
Legal billing software is utilized by more than just attorneys to track work on a client’s legal issue or case. Support staff, paralegals and those working in accounting and billing functions will all need to understand and utilize this software on a daily basis. Therefore, it is a good idea that employees in functions that will use the legal billing software read different legal billing software reviews for that extra edge of information.
Legal billing is directly related to the time spent on a client’s legal issue or case. Using legal billing software is an important part of billing and time management. If a billing system is under consideration, it is incredibly important to read different legal billing software reviews
When a law office decides to purchase legal billing software to help track billing, payments and accounting, it is a major decision that will affect key functions related to the financial health of the business. There are a number of different ways to ascertain information about the different legal billing…
The use of legal billing software is an important part of record keeping, automating redundant tasks and tracking billing, payments and overall office accounting. It is important, however, that the legal billing software in use at a law office is flexible enough to make adjustments as the law office adapts,…
An important aspect of legal billing software is ease of use by multiple users and the stability of the software within a law office. Therefore, it is essential that the legal billing software in use is network-ready and provides a high level of stability for those multiple users across the…