Quite possibly the most important part of keeping a healthy bottom line in any business is the ability to generate invoices easily and accurately for client payment. This is especially critical in law offices. An incredibly efficient way to handle this task is through the utilization of legal billing software.
Manual Invoice Generation
Having the ability to generate invoices automatically can save a tremendous amount of time as opposed to manual invoice generation. When a manual process is used for invoicing in a law office, specifics related to exactly what was done for the client, how long it took and the total cost charged to the client can easily become muddied, ultimately ending in a potentially incorrect invoice. This can call into question if the client’s legal issue was completely resolved and if the correct amount was charged for the time spent on the issue.
Invoices through Legal Billing Software
A better way to manage time spent on a client’s issue and the complete billing process is to have invoices generated through the use of legal billing software. By utilizing legal billing software, time can be better tracked by law office employees, which will help ensure the invoice that is sent out accurately reflects work done for the client.
Once legal billing software is in place, invoices can be automatically generated based on the information and time spent entered by the attorney and supporting staff directly into the system. This will improve overall invoicing accuracy as opposed to a utilizing a manual process where notes can easily be lost.
Legal Billing Software
The use of legal billing software can resolve a variety of issues related to a law office’s billing processes and overall bottom line. Legal billing software can improve office efficiency, more accurately track time spent on a client’s issue and most importantly, ensure invoices correctly reflect the total cost of the time spent on the client’s legal issue. Additionally, it can also help track late payments from clients or money used from any retainers a client may have with a law office. This can help keep the client informed as to the level of funds available in their retainer and if more money should be sent to the law office.