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Infographic Friday: Challenges of Law Firm Billing

Infographic Friday Challenges of Law Firm Billing-header

Invoicing and billing present steep challenges for law firms.  According to a recent law firm billing survey we conducted: 73% of law firms report experiencing past due accounts 58% say they spend too much time on billing Roughly half of small law firms say about 4 in 10 accounts are past due 82% report client financial hardship as the root ... Read More »

Should You Upgrade your Law Firm Practice Software?

Should You Upgrade your Law Firm Practice Software-web

Note:  The following is a guest post by Steven Best of Affinity Consulting. Here it comes again.  Your software vendor is releasing a new software update.  Should you upgrade?  How many times are we supposed to put up with this? As annoying as you may find it, and as irked as you may be at the price of the upgrade, ... Read More »

Does Software Solve a Problem Well for a Law Firm?

Does Software Solve a Problem Well for a Law Firm

Which approach is better for a law firm: cloud or premise software? It’s a question that inherently calls for a comparison style checklist of features and functions – and may overlook a better question:  Does the software solve a problem well for a law firm? Some of the debates – including those in which we’ve participated – forget well-established benefits ... Read More »

Top 10 #BusinessofLaw Posts You Might Have Missed in September

Most Read Blog Posts for September 2014

We’re a bit slow on the draw in posting a “most read” post for September, but rest assured, it’s not out of idleness!   The fall is typically a busy season for product announcements, including new software releases for the LexisNexis® PCLaw® and Firm Manager® products, for example: LexisNexis Releases PCLaw 14 Featuring Batch Email Billing LexisNexis Firm Manager Provides Small ... Read More »

A Wall Once Filled with Legal Periodicals

time matters legal

Does the legal profession have anything in common with the medical profession? More than you might think, according to Robert T. Farrell, an attorney who owns his own general practice law firm in upstate New York. Mr. Farrell, who earlier in his career, worked as an emergency services paramedic, says access to vital information and data is important for first ... Read More »

An Accountant that uses Law Firm Management Software

Meet an Accountant that uses Law Firm Practice Management Software

Why would a tax accountant use legal practice management software to manage his firm? It’s a question we posed to Lynn Jones of Summit Financial Services, LLC who’s been using the LexisNexis® Time Matters® all-in-one-practice management solution to manage his accounting firm for the better part of the decade. While some may be scratching heads wondering why an accountant would ... Read More »

SlideShare Friday: 5 Key Trends in Legal Software

5 legal software trends

There are many legal industry trends and among those of special interest to this division of LexisNexis are those that revolve around software. At the 2014 ILTA conference the top executive in our software division had an opportunity to present to a core group of customers that had also gathered at the show.  For some in attendance, it was a ... Read More »

5 Solid Tips on Law Firm Billing and Invoicing

5 Solid Tips on Law Firm Billing and Invoicing

Should a law firm charge a client for the two bottles of water consumed over the course of a long meeting?   Probably not – at least according to Keith Lee, an attorney who relayed this example, in a post on Above the Law called Do You Build Invoices Or Relationships? For all the challenges of law firm billing it’s worth ... Read More »

Analyst Research:  The ROI of Law Firm Practice Management

The ROI of Law Firm Practice Management Tools

What would an additional 48-96 hours of billable time mean to small law firm over the course of a year? In a new report titled, Building a Business Case for Law Practice Management, analyst firm Blue Hill Research demonstrates those extra hours could add up to more than $21,000 in annual revenue at the high end of estimates. How does ... Read More »

Infographic Friday:  The Enduring Legal Dress Code Debate

Infographic Friday The Enduring Legal Dress Code Debate-header

Appearances matter – it’s just that the interpretation of precisely what appearances communicate that’s often the crux of contention. For example, does a deposed witness appear more or less honest in a video recording replayed at a later date if the witness is wearing a suit but sweating profusely?  According to a 2013 story in Above the Law titled, From ... Read More »