By ALB
In Legal
On 10 Mar 2020
Reports on law firm performance from 2019 paint a rosy picture of increased profits despite flat demand for services. How could this be? In many cases, this is due to firms continuing success with raising billing rates for lawyer time – and having clients pay the bills!...
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By ALB
In Legal
On 03 Mar 2020
Practicing law is in part about building and maintaining trusting relationships with clients and a key element of building these relationships is providing clear, accurate bills. At first this might seem a little odd – clients don’t seek out legal advice to get billed after all!...
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By ALB
In Legal
On 25 Feb 2020
Innovation is everywhere in the legal sector these days. From job titles to department names and beyond, innovation is omnipresent. One legal industry commentator went as far as to say that “Innovative is the new Prestigious” in law firm superlatives. ...
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By ALB
In Legal
On 17 Feb 2020
2019 was a breakthrough year for legal technology companies, seeming to affirm that technology is changing the ways that lawyers work and that law firms operate. Investors have seen a legal tech industry that is maturing with software and technologies that are ready for use as soon as they are implemented at law firms. ...
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By ALB
In Legal
On 12 Feb 2020
Peter Drucker, who is credited with inventing the concept of modern business management, once said that you can’t manage what you don’t measure. He also said that you can’t improve what you don’t measure. These are simple thoughts, but there is a reason why these ideas have had such a lasting impact on businesses of all types, including law firms. ...
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By ALB
In Legal
On 03 Sep 2019
Compliance with various billing guidelines isn't short of difficult and plain exhausting. Here is our guide on general entries you can bill for, and those you must absolutely not....
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By ALB
In Legal
On 27 Aug 2019
Technology has opened up possibilities that the world could not imagine existed just decades ago and every industry has reaped the bountiful benefits of technology to update its business modules and bring in plenty more revenue. ...
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By ALB
In Legal
On 19 Aug 2019
In this blog, we explore and analyze the existing technology prevalent in the legal world and throw insight into what the future could look like in terms of legal tech. ...
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By ALB
In Legal
On 15 Aug 2019
Over the course of the past decade, Insurance Carriers, TPAs and large corporations in the US have invested over a billion dollars on bill review vendors and better bill review platforms in order to ensure that each of the panel invoice submitted to them is entirely compliant with their individual billing guidelines....
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By ALB
In Legal
On 12 Aug 2019
This blog looks into the contemporary state of law firms' financial health across the world....
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By ALB
In Legal
On 05 Aug 2019
We understand that change can be difficult but it doesn't have to be-implementing changes in software for your firm can be a piece of cake if you follow the steps that we have mentioned....
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By ALB
In Legal
On 30 Jul 2019
Visualizing and studying the firm's data can provide invaluably directional insights aiding in the firm's financial decision-making process. ...
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By ALB
In Legal
On 15 Jul 2019
This is a comprehensive outlook on the various features of Accurate Legal Billing and how it guarantees an increased profit margin....
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By ALB
In Legal
On 10 Jul 2019
Relationships between clients and lawyers are fundamentally about trust – trust in legal advice, trust that both sides understand the other, trust that billing is fair, etc. Through this post, we examine several types of technology that helps law firms and clients achieve quality representation and build better relationships.
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By ALB
In Legal
On 04 Jul 2019
Your law firm’s profit margins are directly proportional to the judicious use of resources present to you- this is especially true in case of your employees’ efficiency. Read more here....
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By ALB
In Legal
On 02 Jul 2019
Reducing Write-Offs is an integral move in the implementation of financial structures aimed at improving the profit margins of law firms. Read more to know how your firm can achieve this....
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By
In Legal
On 16 Apr 2019
The aftermath of the great recession in 2008 for the legal industry has been rather severe and hence it would make a lot of sense for law firms to be prudent and make adequate changes in their administration and finances. ...
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By ALB
In Legal
On 11 Mar 2019
Losing out on billable hours is a lot scarier than it seems and could possibly result in the death of your firm. Here are five ways to prevent this loss....
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