Should Your Law Firm Offer Fixed Fees?
Category: Blog
The billable hour is the tried-and-true law firm billing standard for the legal industry, but more and more firms are exploring other pricing options. Fixed fees are one option that’s becoming increasingly popular among law firms. With this pricing model, both the lawyer and client agree to the total cost
Legal professionals have a lot of information, tasks, and responsibilities to manage day-to-day, hour-by-hour, and minute-by-minute. Most successful professionals will say that legal time tracking software is paramount to staying productive and on top of things, but this is just one of many time management methods legal professionals can employ.
CLE requirements are a mandatory part of legal life. You already know continuing legal education (CLE) requirements stipulate that you must continue your education to retain your license to practice law. If you’re like most attorneys, this is a problem. The reason? You’re incredibly busy. Every state requires that you
In the fast-paced and demanding world of law, attorneys are constantly seeking ways to optimize their time and increase their productivity. One effective solution that has gained significant traction in recent years is outsourcing paralegal services. Many firms are finding it’s an efficient way to handle routine tasks, reduce overhead,
Raising your rates can feel like walking a tightrope. On one hand, you want to be fairly compensated for your work. On the other, you don’t want clients to balk at the idea of paying more. So, how do you handle this? It starts with communication and a strategy that
Whether you’re a solo practitioner or managing a growing team, having a clear picture of your income and expenses can help you make smarter decisions, plan for future growth, and stay ahead of unexpected challenges. Why a Law Firm Budget Is Important Budgets are living documents that evolve as your