We surveyed over 2,800 legal professionals and covered a wide range of technologies that impact law firms, including artificial intelligence (AI) and generative AI. We also explored how law firm leaders approached the adoption of essential software, ranging from financial management platforms to tools that enable flexible office arrangements and remote work.… Continue Reading
The Texas Bar Foundation has awarded a $12,000 grant supporting the 2025 Texas Elder Justice Coalition Summit, a gathering of frontline professionals confronting the crisis of elder fraud and financial exploitation, from 8 a.m. to 5 p.m. June 10, 2025 at the Amon Carter Event Center at Lena Pope in Fort Worth.… Continue Reading
After a while, you learn that the most useful numbers aren’t always the obvious ones. Billables and revenue matter — but they won’t tell you everything. The additional insight comes from tracking a few key metrics, month after month. Here are three metrics worth putting on your monthly agenda. They dig deeper than surface-level stats … Continue Reading
Ah yes, the billable hour – a lawyer’s ticket to unlimited wealth, or so we think anyway. If we’re not careful, it’s also a ticket to stress, countless headaches, and often for new lawyers and even experienced ones, total burnout. And the three main perks of billable hours can also be your downfall if you’re … Continue Reading
Your Security is Our Priority As a lawyer, maintaining client and staff confidentiality is a top priority. At LawPay, we understand concerns about data security and are committed to protecting your information and answering any questions you may have.… Continue Reading
Sometimes lawyers will try to find a way to creatively lawyer their way around an issue that stands in the way of a decision they wish to make. For example, during a CLE event, two lawyers in attendance tried to convince me that my position on the resolution of conflicts of interest was wrong. They … Continue Reading
If you are a solo attorney, you need to have a designated backup attorney, if for no other reason than to enable you to take a true vacation now and again. Of course, doing so can also make sure that your client’s interests are protected in case of an unforeseen circumstance such as an illness … Continue Reading
Effective billing language is crucial for attorneys to maintain a positive client experience, avoid payment disputes, and foster transparency in billing practices. In this guide, we’ll provide sample language for fee agreements and tips to ensure a seamless billing process.… Continue Reading
PayPal, Venmo, Google Wallet—with so many convenient digital payment options available, it’s no surprise that online payments have become the norm and most people’s preferred payment method for everything from groceries to professional services. Let’s consider what that means for the legal industry and your firm.… Continue Reading
In today’s fast-evolving tech landscape, industries are transforming rapidly, and the legal sector is no exception. For smaller practices, embracing legal-specific technology is no longer just advantageous—it’s essential to stay relevant.… Continue Reading
Introduction Properly managing IOLTA accounts helps prevent the risk of being disbarred. However, the process can be confusing and cumbersome due to the commingling of prevention and client ledger/reconciliation management. In this e-book, we’ll guide you through the proper management of IOLTA accounts, including key tips for starting and operating these accounts and how LawPay … Continue Reading
Solo firms can fail for any number of reasons. The good news is if you can identify and responsibly address the risks, you can help ensure the long-term viability of your practice. The following are of particular concern.… Continue Reading
A work-life balance is challenging for many professionals, and lawyers are no exception. In fact, less than half of lawyers report being satisfied with their work-life balance. So, where’s the best place for a lawyer to start to maintain their well-being and ability to practice law? You need to first evaluate your current situation. Spend … Continue Reading
Billing is the lifeblood of law practice, but many of us have no idea what we are doing when it comes to invoicing and collecting payments. Similarly, we know we have to adhere to regulations regarding trust accounts, but how do we as attorneys actually accomplish three-way reconciliation? Law school did not prepare us to … Continue Reading
As the economy shifts online, law firms must adapt to clients’ evolving payment preferences, including accepting electronic payments (or e-payments). Why are e-payments beneficial for clients and law firms? This article highlights the most common advantages of electronic payments. Advantages of Electronic Payments for Law Firms 1. Provide a Positive Client Experience Clients increasingly prefer … Continue Reading
Advising clients involves myriad legal, financial, and personal considerations to ensure client assets are managed and transferred according to their wishes. Often, clients seek advice and wise counsel before a liquidity event. Whether it is the sale of a closely-held business, real estate parcel, minerals or some other asset, attorneys can leverage the use of … Continue Reading
Your law firm’s website is a powerful tool for reaching potential clients. In order to get those leads, you need your site to appear at the top of the search results on Google. Google Business Profile (GBP) is one of the best free tools available to help increase leads to your law firm. Optimizing your … Continue Reading
Your law firm’s website is a powerful tool for reaching potential clients. In order to get those leads, you need your site to appear at the top of the search results on Google. Google Business Profile (GBP) is one of the best free tools available to help increase leads to your law firm. Optimizing your … Continue Reading
From Houston to Dallas to El Paso, one issue that unites attorneys in the Lone Star State is: we suck at billing our clients. I didn’t go to law school (don’t ask me how long ago) to learn how to become a bill collector, and my school certainly didn’t offer any law firm management courses. … Continue Reading
Mineral ownership is often fractionalized, creating a complex situation for attorneys working to protect their clients’ interests and maximize mineral values. It becomes further complicated when family members are not working in concert to maintain leverage in their interests.… Continue Reading
More than half of surveyed lawyers say acquiring new clients is their biggest challenge. Retaining them can also be difficult in today’s fast-paced legal landscape. Fortunately, there are simple ways to provide an exceptional client experience, appeal to more prospects, and increase referrals.… Continue Reading
In 1829 U.S. Supreme Court Justice Joseph Story stated, “the law is a jealous mistress and requires a long and constant courtship.” This sentiment has held true to this day for far too many attorneys and that’s a problem, particularly for those who are unable to say no to their jealous mistress’s demand for a … Continue Reading
If you’re a lawyer in Texas who handles client money, you need to know and understand Interest on Lawyers’ Trust Account (IOLTA) rules. While IOLTA accounts aren’t applicable to all lawyers, it’s important to know whether you must use such accounts and how to manage them.… Continue Reading
In my previous life as a practicing Estate Planning attorney, I would often joke with clients who brought me revocable trusts to review. My go-to quip was to ask the age and retirement date of their former planner. Whether that got a laugh is debatable, but one thing this is certain. Revocable trusts have become … Continue Reading
