The Need for Compliance Between Law Firm Billing and Trust Accounting

The Need for Compliance Between Law Firm Billing and Trust Accounting

Keeping track of trust funds (also called as IOLTA accounts) is not an easy task for law firms. It is a standard practice for law firms to collect advance client payments (retainers) as trust funds and apply them against outstanding invoices. In law practice, trust account management is a sensitive ordeal because any mishandling of […]

Application Software as a Tool to Increase Business Productivity

Application Software as a Tool to Increase Business Productivity

The business environment keeps changing and evolving all the time. Many events such as – political, technological adoptions, changing consumer behaviors among others cause a long-term impact on businesses of all sizes. A rapidly changing business environment challenges businesses of all sorts to adapt. The changing business environment is causing turmoil, even to well-established companies.  […]

Legal Software for Flexible Billing Arrangements

Legal Software for Flexible Billing Arrangements

Law firms have realized they must evolve with modern times in order to meet ever-changing client expectations. Including, the demand for flexible billing arrangements. For this reason, firms are now offering varied fee options and flexible payment alternatives. In exploring alternative fee options, firms are better served by employing a proficient legal billing software. Cloud-based programs […]