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Thanks to tight timelines and a never-ending supply of sensitive information, the legal industry relies more on a dependable IT support structure than many other sectors. Moreover, as a law firm grows, its IT needs often evolve beyond what the current provider can fulfill.
Law firms are common targets of cyberattacks due to the sensitive information they obtain and store and their slow adoption of cybersecurity policies.
AbacusNext recently commissioned a survey of law firms’ activity and decisions about practice management software. The survey reveals that firms today certainly understand and appreciate the benefits of cloud technology. Well over half – 65% – of firms name improved data security as an advantage of cloud practice management. About
You might hesitate to make major changes at your firm for any number of reasons. Not only do you have to choose new billing software, but your team also must learn it and fully transition into new processes. There’s nothing easy or simple about navigating change management. But you’re staring
Due to recent events, most law firm employees and employers are re-evaluating their current positions and work environments. Overall, law firms have weathered the COVID storm better than originally expected.
Running a law firm is no small task. In law school, you may have thought you’d spend your hours writing pleadings and arguing in court. Now you know better. Building a successful firm means dealing with office space, technology, marketing, recruiting, finances, and more. You’ve also learned your law firm’s
Law firms that don’t adapt and, as a result, miss opportunities for growth, risk being overtaken by agile competitors who are more willing to embrace change. According to Forbes, research has shown that 38 percent of people enjoy leaving their comfort zone, while the other 62 percent don’t like to
In a flat fee arrangement, a law firm provides specific services to a client for a specified fee, no matter how many hours the attorneys spend performing those services. The legal fees are decided before the work is undertaken, making billing more manageable and reducing attorneys’ pressure to achieve billable
To reduce law firm operating expenses, firm leaders should maintain focus on three critical issues to optimize their firms.
Leave standalone software behind
Manage all your cases in one place
Manage your documents
Increase billable time and cashflow
Reach and collaborate with your clients
Grow your client list
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