A document management system, or DMS, refers to the tools and processes your organization uses to store and manage documents. A modern DMS will often provide robust search capabilities, metadata tagging, access controls, and increased security processes to protect files. … Continue Reading
The days of paying by cash or check are quickly disappearing. Thanks to innovations in digital technology, today’s consumers can pay for goods and services using a wide variety of payment methods, including credit cards, digital wallets, contactless methods, and more. However, many law firms today are slow to adapt to modern payment trends and … Continue Reading
Tired of the overbearing boss, long hours, not being appreciated enough at work, and never seeing your family? Then opening up your law practice might be the best decision you will ever make. You’ll be your own boss and achieve that work-life balance you have always wanted! However, you must know this is a considerable … Continue Reading
In Today’s legal market, the practice of law is becoming even more competitive. Lawyers are continuously striving for any advantage to distinguish themselves amongst their peers. As a legal vanity organization, Lawyers of Distinction offers a wide array of options for Lawyers to find a competitive edge when it comes to marketing their services to … Continue Reading
The days of paying by cash or check are quickly disappearing. Thanks to innovations in digital technology, today’s consumers can pay for goods and services using a wide variety of payment methods, including credit cards, digital wallets, contactless methods, and more. However, many law firms today are slow to adapt to modern payment trends and … Continue Reading
Ogrnazitaion mkaes all the dffirenece. While most people are still able to comprehend text when words are scrambled, an organized approach can certainly make it much easier, and far less frustrating. Let’s take a look at what it means to have an organized approach. Webster defines organization as “the act or process of putting the … Continue Reading
A recent survey by Wolters Kluwer revealed that law firms classified as technology leaders continue to outperform others. When used strategically, technology can expedite workflows, accelerate growth, increase the value of services delivered to clients, and free teams from mundane tasks and enable them to apply their expertise to more interesting, higher-value work. As a … Continue Reading
Whether you work for a large firm or you run your own private practice, getting your billing right is absolutely crucial. After all, your business can’t thrive without steady payments. Bad billing habits can lead to confused or frustrated clients who may delay or outright refuse to send in their payment, so it’s in your … Continue Reading
This content originally appeared on the LawPay blog. Every pragmatic legal professional expects that some percentage of their billed services won’t be paid. But even small fluctuations in a law firm’s collection rate can have a huge impact on its bottom line. So, how can you improve your collection rate and minimize outstanding receivables?… Continue Reading
This content originally appeared on the LawPay blog. Every pragmatic legal professional expects that some percentage of their billed services won’t be paid. But even small fluctuations in a law firm’s collection rate can have a huge impact on its bottom line. So how can you improve your collection rate and minimize outstanding receivables? Below … Continue Reading
Today, the field of opportunity for cybercriminals has never looked greener. As teams scrambled to maintain continuity while working from home, some opted to shortcut security — so it’s no surprise that cybercrime skyrocketed.… Continue Reading
Get Paid Quicker with Lawyer Payment Plans Clients care about affordability, and lawyer payment plans prioritize just that. In the 2020 Legal Trends Report, consumers ranked affordability factors—including payment plans—as the most important determinant (aside from positive reviews) for lawyer hireability.… Continue Reading
It wasn’t long ago that executives were using ink and a rubber stamp to “sign” documents. In an effort to speed the process of signing, they would entrust their stamp to another “authorized user” who could stamp or “sign” documents on their behalf. The premise was that if the person had physical access to the … Continue Reading
Document and Records Management systems share many similarities. In fact, in this digital age, the features and functionality required to manage electronic documents provide a solid foundation for records management. There are however nuances to managing documents and records, so it is important to understand how these disciplines differ and where they overlap.… Continue Reading
Clearly defining all expectations and responsibilities related to fees, billing, and payments during client intake can go a long way toward preventing chargebacks and payment disputes down the road. In this article, we’ll share a few examples of sample billing language for attorneys that can help reduce late and non-payments and make sure you get … Continue Reading
Legal documents are foundational to any law firm — but with thousands upon thousands of documents to store, managing them all can be a challenge. And while most law firms have transitioned away from physical storage of documents, many Firms are still using an on-premises document management system (DMS). However, there’s a much more powerful, … Continue Reading
“You can’t fight gravity.” That’s what Andy Jassy says about moving to the cloud. And as the guy who’s taking the Amazon CEO reins from Jeff Bezos, he knows a thing or two. But for legal professionals, adopting cloud-based tools is easier said than done. With constant competing demands most lawyers and in-house counsel face, you might … Continue Reading
If you’re a law firm owner, partner or solo, you might be familiar with the nagging feeling that you’re missing opportunities to improve your practice. But you’re an attorney not a technology guru, and you’re busy, so evaluating the myriad opportunities seems daunting. That’s a sentiment we hear regularly from legal professionals we talk to … Continue Reading
Many language students and professors travel for their studies. Not all find inspiration for seeking a second career in the legal field. Miroslava “Mira” Detcheva, a Senior Lecturer in Spanish in SMU’s Department of World Languages and Literatures, was inspired to pursue a second career in law while studying in Mexico and traveling throughout Latin … Continue Reading
For small firms operating on tight budgets with leaders who are spread thin between practicing law and growing the firm, launching a change project can feel like a nuisance—with the benefits often lost in the fear of the effort required to sell a change internally. Change can make anyone feel out of control, which is … Continue Reading
Attorneys and legal professionals who speak Spanish can provide better services to an important and growing segment of potential clients. More Texans claim Hispanic heritage than in any other state, except for California, and almost 30% of all Texans live in households in which Spanish is spoken. With specialized Spanish language skills, legal professionals can … Continue Reading
One of the things we hear regularly from the thousands of lawyers we work with is that there is increasing pressure to reduce costs for their clients — and it’s become more common in the past year particularly. But lowering fees rarely seems like a sustainable solution for firms who are also trying to manage … Continue Reading
Originally published: https://lawpay.com/about/blog/law-firm-client-experience-frictionless-billing/ People have gotten used to the convenience of electronic payments and online bills. Many studies show that the majority of people expect all types of businesses, including both retail and service providers, to offer a wide variety of electronic payment options. If your practice is committed to providing a 21st century law … Continue Reading
When it comes to running a firm, two of the most common questions presented are: 1. How can I get more cash in my pocket? 2. How do I get more potential clients through the door? The topics can at times intertwine but each requires a different plan of attack. So, you want to generate … Continue Reading
