Can you identify a successful firm vs. a shrinking firm? According to a recent Legal Trends report, successful law firms maintain a 90 percent (or better) collection rate from clients, with no exceptions. What about shrinking firms? Their collection rates decline to 81 percent over time. The research shows firms
Tip of the Week: Bill4Time Shortcuts
Category: Blog, What's New
Within Bill4Time, there are shortcuts that make navigating from page to page as simple as a few clicks. Starting from the Dashboard, you can quickly add time, view your clients and projects, and even run reports. Quick Access– Under Recent Projects, you can click the plus icon next to
Secrets to Successful Invoicing
Category: Accounting, Blog, Legal, Running Your Business, Small Business
Many small business owners never really master the art of invoicing. Many find themselves spending hours of time creating and sending invoices, then following up to collect payment. An invoice is a statement you send to a customer that details what work you performed, how much it cost and when
Tip of the Week: Bill4Time Multi Timer
Category: Blog, What's New
Using timers to track your billable time is a simple and convenient way of capturing your hours. There are many ways to utilize timers in Bill4Time, for example, on a new billable entry and on your mobile or widget applications. What you may not know is that there are many
Five Tips to Improve Your Website & Your Business
Category: Blog, Running Your Business, Small Business
For more than 25 million small businesses, a website is crucial. Research shows that 45% of small businesses consider their website to be the most important digital marketing asset. For service businesses, a website can be the lifeblood of the organization. It introduces you and your service to a vast
Do clients visit your website on a regular basis? Do you conduct email marketing on news, events and services you offer? If so, you’ll definitely want to pass this tip to your webmaster and get going as soon as possible. Make online payments accessible – The Federal Reserve reported that