The legal industry are increasingly using cloud technology to stay competitive as the legal sector rapidly changes. Numerous advantages, such as enhanced flexibility, decreased expenses, and increased efficiency, come with Cloud-Based Solutions. In this blog post, we’ll look at the benefits of cloud computing for legal firms and why they’re moving their operations.
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7 Effective Law Firm Marketing Techniques for 2023
With the spread of digital technology and the move toward online communication, the legal sector has seen considerable changes recently. In order to draw in new clients, law firms are now expected to have a strong internet presence and a clear marketing plan. In this blog, we’ll look at seven law firm marketing techniques that…
Improved Productivity Through Law Firm Automation
As the legal industry continues to evolve, law firms are under increasing pressure to optimize their operations and improve productivity. One way to achieve this is through the use of automation. By automating certain tasks and processes, law firms can reduce manual labor, increase efficiency, and ultimately deliver better value to clients.
Here are some…
Budget For Marketing In Small Law Firms
If your law business is small, you might not have much money to spend on marketing. To expand your company and draw in new customers, you must have a strong marketing strategy. We’ll go through some advice for setting up a marketing budget in small law firms in this article.
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PPC (Pay Per Click) MARKETING FOR LAW FIRM
Pay-per-click (PPC) marketing has revolutionized the way businesses promote their services online. By allowing advertisers to place ads on search engines, social media platforms, and other websites, PPC has become a popular digital marketing strategy for law firms looking to increase their online visibility and attract more clients.
In this blog, we’ll take a closer…
Attention Illinois Attorneys: Updates to the Rules of Professional Conduct
As an attorney in Illinois, it’s important to stay up-to-date with changes to the rules of professional conduct. Recently, the Illinois Supreme Court has made significant updates to their rules, including the codification of three types of retainers, revamped language in rule 1.15 regarding safekeeping property, and the addition of a new section titled “New…
Law Firm Metric KPIs: Why Tracking Days Sales Outstanding Counts
Improving the Law Firm AR Cycle
Record of days sales outstanding (DSO) is one of the key performance indicators (KPIs) for determining law firm liquidity. Reporting of DSO rates for a firm’s sales cycle assists in determining the timeframe until outstanding client accounts are paid. By dividing the total of accounts receivables for a period…
What are the key indicators of the health of your Law Firm?
There’s a spectrum of sophistication when law firms and business owners look critically at the performance of their law firms. The first rung on the latter would be what most of us do in our daily lives and check our bank balances on the phone app to see if we have money in the account.…
Legal Ramifications of “Piercing the Corporate Veil”
What is the Corporate Veil?
Piercing the corporate veil refers to a court ignoring the limited liability of a particular business entity when there is outright fraud or abuse taking place within a business. Each state has its own case law concerning when the corporate veil can be pierced, but one circumstance that is a…
How Law Firms Are Controlling Accounts Receivables Quality: Old vs. New Client Accounts
The quality of law firm accounts receivable (AR) is made possible by way of key performance indicators (KPIs) reporting records of old and new accounts, as well as payment activity, billing collections, and client communications. Metric KPIs permit a firm to evaluate clients who have partial payments, and scale accounts for the determination of which…