With just a couple of minor adjustments to your law firm’s business practices, you can increase your law firm’s efficiency dramatically. Many times, a couple of minutes saved here and there can translate into thousands of dollars of additional yearly revenue. We’ll look at the nuts and bolts of how you can get and stay organized, easily track time, and manage client trust accounts. We’ll also explore business processes that can help streamline your firm, reduce risk of miscommunication, and keep everyone moving forward towards the same goals.
Guess what? According to North America’s state bar association Practice Management Advisors (PMAs), most attorneys are managing their client trust accounting incorrectly. Learn some of the newer ethical considerations happening with trust account management and see if you’re really doing things the right way.
Larry Port is the Chief Software Architect of Rocket Matter (rocketmatter.com), the leading web-based legal practice management software and time tracking solution as well as editor of the Legal Productivity blog (legalproductivity.com). A speaker and award-winning writer at the crossroads of the legal profession and cutting edge technology, Larry frequently discusses marketing, efficiency, and quality techniques in the software industry that can be leveraged by law practitioners. He has published extensively in legal publications, including Legal Management, Law Technology News, Law Practice Today, ILTA’s Peer to Peer, Lawyerist, FindLaw, Chicago Lawyer, and others.