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- Law Firm Mergers and Acquisitions 101? Be Sure You’re Using Easy Soft’s Law firm Billing Software
- Setting Your Advance Retainer Deposit with Your Attorney Trust Accounting Software
- Setting Your Hourly Rate with Your Law firm Billing Software
- Open a Law Firm Merchant Account and Receive a $249 Software Rebate!
- Client Payments Result from Strategic Legal Billing Software
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Legal Software
Law Firm Mergers and Acquisitions 101? Be Sure You’re Using Easy Soft’s Law firm Billing Software
There is an important point to be made on the topic of law office mergers and acquisitions, relating to a firm’s legal billing software and trust accounting.
It’s not just your clients, the courts, and grievance or fee arbitration boards who might look through your billing and trust accounting records. Some day, it might also be another law firm, in which case, your business practices may translate into material gain, but could equally result in financial loss.
Is an opportunity for the growth of your law firm a time when you want your lack of attorney billing software to jump right out because you supply handwritten time slips plopped into shoe boxes?
The time to think about the power and organization of your law office billing software is today. Most merger and acquisition inquiries begin with a review of several years of bank records, invoices, and accounts receivables.
The value of your law office is built on a day-to-day basis when you use Easy Soft’s Time Bill, legal billing software designed exclusively for attorneys and backed by more than 20-years of experience and thousands of users. When you use our billing software for attorneys, you elevate your billing into effective business records, systematically input to create complete invoices, routinely printed for all clients. You gain a method for regularly chasing after delinquent accounts and reducing receivables.
When you pair Easy TimeBill with Easy Trust, our attorney trust accounting software, you begin routine balancing of all trust accounts and requesting clients top-up their retainer balances before they fall behind. And, you gain the ability to assert with confidence that your trust accounting business practices are ethically compliant.
When you use Easy Soft’s law office billing software and trust accounting software, you also gain a comprehensive system to storing, recalling, and analyzing all of your law office activity. Both programs offer the ability to prepare invoices, reports, and bank reconciliations as .pdfs, which you can store to your data management server or SAAS vendor. Plus, both programs allow you to make reprints, if you should be unable to locate your copy or your file.
You might not know today where the road of your law office will go. But when we’re making it this easy to keep your options open, why would you take another step without us?
Setting Your Advance Retainer Deposit with Your Attorney Trust Accounting Software
“I’ll pay you anything!”
If only that were true, you think. As you look across your desk at your client, you wonder how much is left on deposit in your IOLTA account, compared to how much work the client is talking about having you do.
Don’t get caught in this scenario without Easy Soft’s attorney trust accounting software .
You need to know, at all times, how much money your client has on deposit in the IOLTA account. When you use our trust accounting software, every time you start a time record for a client, using our legal billing software , you will see how much money remains on deposit, right on the screen, in front of you.
One of the ways this trust accounting information helps you is to frame the conversation with your client about precisely how much the client wants to spend and what services can be expected for that fee.
What if you could immediately respond to the above client statement with a couple of clicks of your mouse by saying, “Well, you already provided a $5,000 deposit on February 1, but there is only $500 remaining. To take the case to trial will require an additional $5,000 deposit.”
When you use Easy Soft’s attorney trust accounting software , you gain the opportunity to become a project manager for the fees and costs associated with a case. Our trust accounting software also offers you the opportunity to produce a management report with the click of a mouse, showing which clients have advance retainer deposits in your IOLTA account. These reports can also be used on a monthly basis to send a letter to clients with upcoming work that will exceed their current deposit balance.
Easy Soft’s legal escrow software reports will also offer you the opportunity to evaluate whether your advance retainer deposits are too low. Are more than fifty percent of your clients currently underfunded compared to the amount of work you have piled on your desk? Trust accounting can help you to start asking clients for more money in their initial advance retainer deposit.
Installing Easy Soft’s trust accounting and billing software products will be like having an on-site cheering section for you to finally get the payments you deserve.
Setting Your Hourly Rate with Your Law firm Billing Software
Tired of hoping for client checks to come in to pay the bills?
Unless you have Easy Soft’s law office billing software, you don’t have a strategy for profitability. Our legal billing software has banking and billing features needed by every law office to increase the bottom line.
First, with our attorney billing software, you can organize all of your client invoices through a single computer program. Simply enter all time and expense entries on a daily basis and print-out the invoices at the end of each month. When you use our automated legal billing software, you will easily remember to bill every client with new work or an overdue invoice and do so on a monthly basis. It’s easy to generate the invoices, so say good-bye to dreading that task and start printing for profitability.
Second, our legal billing software contains banking features so that you can reconcile your bank account, being sure to charge clients for their expenses and record payments made. Instead of working between two or three programs, a calculator, and a scratch pad, use our Easy Soft law office billing software, and integrate all financial information impacting your cash flow in one program that is easy to use.
And, use the management reports from our law office billing software to keep an eye on which clients have money on deposit and which clients have overdue balances. You might even make it a Monday morning activity to print out the newest figures to help you plan a profitable billing week. There will always be deadlines, but you also need a way to achieve a minimum number of billable hours per day for which you will promptly receive payment from your trust account. The Easy Soft legal billing software is the way to organize your work product for profitability.
What’s really great about our Easy TimeBill legal billing software is that licenses start at $249 – probably less than one hour of your billable time. All of our legal software products come with an unconditional 30-day money back guarantee and one year of unlimited technical support. We can help you increase your profitability through one easy installation of our law firm billing software.
Software that costs less than one billable hour that will help you increase your profits is software that you shouldn’t be without.
May 14, 2012 in Legal Billing, Legal Software
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Technorati Tagged : attorney billing software, law office billing software, legal billing software
Technorati Tagged : attorney billing software, law office billing software, legal billing software
Open a Law Firm Merchant Account and Receive a $249 Software Rebate!
Easy Soft offers merchant accounts, exclusively for law firms.
What’s a ‘merchant account?’
We’re glad you’re asking. Our merchant services offer payment solutions for your clients, from credit cards to debit cards.
A law firm merchant account is the processing component of credit card charges and debit transactions. When clients want to pay by credit card, credit cards processing goes through a merchant account to issue the charge and transfer payment to you. It’s the same process for debit card remittances.
The Federal Reserve Bank of Boston estimates there are more than 609.8 million credit cards held by US consumers, with an average of 3.5 credit cards per person. The modern economy is driven by consumer spending via credit card for current charges and as personal loans. Credit cards have become the way for lawyers to get paid on time and in full.
Opening a law firm merchant account through Easy Soft will dramatically increase law firm cash flow, reduce overdue accounts, and minimize collection efforts. Because our merchant account is designed specifically for law offices, we’re your best credit card merchant account option.
Now, for a limited time, Easy Soft is offering a $249 rebate towards your next software purchase when you sign up for our law firm merchant account. We recommend that you pair your merchant account with Easy TimeBill, our law office billing software, and Easy Trust, our attorney trust accounting software.
When you partner our merchant services account with our legal billing software and our trust accounting software, you empower your law firm to issue bills with advance retainer deposits submitted by credit card.
What you have to offer clients are the time and expertise involved in your professional services. Once you render those services, you can’t repossess them, as you would a car in a delinquent loan payment situation. The time to get paid is the month in which you render the services. How you get paid is through advance retainer deposits, regular invoices, and online payment acceptance, using an Easy Soft merchant account and software products.
Is there a Fortune 500 list for lawyers?
Client Payments Result from Strategic Legal Billing Software
Imagine you client opening the invoice you’re about to send. What do you picture the reaction will be?
If the answer is ‘displeased’ or ‘unhappy’ or ‘upset’ and you can only picture them looking at the bottom line, then perhaps it’s time to change your approach to billing.
Getting paid by your client in a timely manner begins with strategic use of Easy Soft’s legal billing software.
Using Easy TimeBill, each entry of time and expenses is a screen with fill-in fields. Most items, such as the date, the name of the client, the person billing, and the billing rate are routine pieces of information. Automating your billing through attorney billing software enables you to consistently and accurately record this essential information.
What wins the payment from clients is the information that goes into the field ‘description.’ Our law firm billing software encourages you to write a description of any length, and you should take advantage of the opportunity to write the kind of description of the work you do that will wow your client.
There are various tips to strategize your description input to the attorney billing software. For example, use active verbs. Look at the difference between a description that says ‘court conference’ and a description that says ‘actively engaged in extended court conference over valuation of wife’s pension.’ When you use our legal billing software, you have the space you need to write dynamic, engaging descriptions of the professional services you provide to your client.
When you use Easy TimeBill, you also gain the versatility to use our attorney billing software to generate invoices as Word documents, .pdfs, to print and mail the invoices, or to e-mail the invoices. Transmitting invoices from our law office billing software through the platform used by your client is another tip on how to increase your client’s timely response to the invoice.
Easy Soft also offers law firm merchant accounts with payment online, such as credit card processing, to help you boost timely and full receivables. And, when you open a business merchant account with Easy Soft, you gain more than 20-years of law firm compliance management to help you ethically leverage technology.
The formula for increased payments from clients is really quite easy: dynamic descriptions in Easy TimeBill + Easy Soft merchant account. What are you waiting for? Your next overdue account? Contact Easy Soft today to get started.
Supervising Timekeepers with Easy Soft’s Law Firm Billing Software
To be successful in your responsibilities of managing billing for a law office, you need data compiled in specific ways. If your current legal billing software has you using scratch pads, calculators, and spreadsheets, it’s time for you to convert your office to use Easy Soft’s Easy TimeBill law office billing software.
With our attorney billing software, law office management has never been so easy. Do you want to know how many hours one of the associates billed this week? Last month? Year-to-date? With our legal billing software, you simply go to the ‘reports’ section, click on ‘billing,’ and make your selections for all timekeepers, selected timekeepers, the dates you want displayed, and the format for the report.
As a manager, you can also use our law office billing software to work with timekeepers. The management reports you can generate through Easy TimeBill present an opportunity, not only for efficiently and effectively management, but also as a written agenda to discuss with various timekeepers. Do you set billing targets for them? Do certain cases, like assigned counsel cases, have fee limitations? Is the associate up for partner consideration truly billing 16 hours a day? Using the reports available through the Easy TimeBill attorney billing software, you have everything you need at the click of a mouse to review and analyze who is billing what.
Even if you are a solo practitioner, billing reports through our legal billing software increase your profitability. When was the last time you sat down, added up your billable hours, looked at the breakdown of hours between cases, and made a plan for hitting billing targets? Unless you are using our law firm billing software, the answer may be that you have never done so.
Easy Soft’s attorney billing software starts at just $249 for a single license and includes one year of free technical support. We offer a free trial download. And we offer a 30-day money back guarantee. Within just 30-days of actively using our attorney billing software, you’ll have the information you need to generate management reports to increase your bottom line.
It’s a routine business function to analyze profitability. Why not bring basic business benchmarks to your law firm when we can make it so easy for you to do?
