The business side of lawyering is about revenue generation, getting paid for work done. It's also about finding and keeping loyal clients. According to Clio Legal Trends Report 2020 there are many ...

January 25, 2024 - In a highly competitive legal services market, law firms can no longer count on simply providing excellent legal service. They also need to make sure they get billing right. That's ...

Public relations consultants bill clients for different types of work, including consultancy, production of press releases and other corporate publications, event management and specialist activities ...

NULLWhile law firms have made a variety of changes due to the recession, one has affected a mainstay of the profession: the billable hour. Some firms are looking toward flat-fee or other forms of ...

There is little debate at this point that generative AI is saving law firms time. The question now becomes: Who will save ...

Sagging productivity within Big Law and declining realization have combined to put a damper on law firm profitability growth, and even the high pace of billing rate growth hasn't been able to remedy ...

IMGCAP(1)]Do your clients hesitate to call because they don’t want to run up their bill? Or perhaps they DIY first rather than reach out for professional guidance? That’s the curse of a client who ...

Why Do Attorneys Bill in Increments? Billing in increments is standard practice for practical reasons. Billing by the minute or just a few minutes is difficult to track and time-consuming, not to ...

High net worth clients often have complex business structures that make manual, paper-based payment processes time-consuming, laborious and even risky. With the right technology, advisors can offer ...

Reducing disputes is not about chasing collections more aggressively. It's about designing billing processes for how work is ...

The term “billable hour,” a unit of time used in the legal industry, is common in popular culture but can be misunderstood. What goes into a billable hour is more than 60 minutes of time, and ...