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Law Firm Pricing

prospective client
Your Client’s Billing Problem May Be a ‘Fit’ Problem

Much has been written about clients’ reactions to escalating legal costs, but what are the implications of a client challenging individual billing entries? It may not be about billing at all, but about how well your operating style aligns with ...

Mike O'Horo - June 28, 2017
Ensure Steady Cash Flow with LawPay’s Scheduled Payments Feature

Lawyers spend far too much of their valuable time chasing after unpaid invoices instead of working billable hours. Being able to schedule payments in advance provides both you and your clients with unmatched convenience, and helps ensure steady ...

LawPay - June 22, 2017
billing
Seven Ways to Make Billing More Effective

Lawyers may practice in different areas of the law and serve a wide range of clients, but most seem to share a common aversion: They hate doing timesheets. Despite this near universal resentment toward tracking time, most lawyers eventually ...

Jeremy Diviney - May 17, 2017
Best Way to Maximize Your Law Firm’s Profits

Analysis of a new report on $19.6 billion of approved legal department invoices reveals that to maximize firm profits, partners should focus on developing and retaining senior associates and providing clients with services in multiple practice ...

Bob Weiss - March 30, 2017
Shake Your Moneymaker: Get Paid in 2017

Lawyers and money do not go together like peas and carrots. Actually, let me rephrase that: Lawyers and talking about money do not go together like peas and carrots. Lawyers and managing money do not go together like peas and carrots. And ...

Jared Correia - January 23, 2017
invoicing
Five Ways to Take Control of Your Invoicing Effectiveness

Lawyers in small firms don’t have large-scale technology systems or billing departments to help get invoices out the door. When the time comes to give a client an invoice, it is pretty much up to the individual attorney to make it ...

Wayne Nykyforchyn - January 5, 2017
Clio’s First Trends Report Paints Alarming Picture of Solo and Small Law Practice

Law practice management software provider Clio released its first annual Legal Trends Report on October 17. The survey is a compilation of data aggregated from 40,000 Clio subscribers in the continental U.S. The data, representing usage events ...

Jared Correia - December 7, 2016
Death of the Billable Hour: A Eulogy

Last month, I participated on a panel at the 2016 Futures Conference. My assigned task was to discuss whether the billable hour would finally be dead by 2026. That got me thinking about the future event that would mark the passing of the ...

Kevin Bielawski - October 31, 2016
Is Your Practice Area a Good Match for Flat-Fee Billing?

The benefits of flat-fee billing arrangements are numerous, from predictability to efficiency to increased client satisfaction. But not all legal matters are appropriate for flat fees. So, how do you know which practice areas are right for a ...

Erika Winston - June 16, 2016
Make It Easier to Get Paid with Clio’s New Trust Requests Feature

Clio-using lawyers get paid on the same day they issue a bill. Most law firms wait an average of three months for clients to pay their bills. Clio-using lawyers have an advantage over these law firms because they don’t have to spend time ...

Joshua Lenon - May 27, 2016
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