Universal timekeeping is the one and only key that can unlock the power of the six financial indicators outlined in this article. No lawyer or law firm can afford not to make this investment in sustainable profitability and competitive survival.
As a lawyer with extensive education and training, you are entitled to be paid what you’re worth. But what are you worth? Getting the most out of your time and accurately tracking the time you spend working on cases will ultimately give the most return on your investment (of time).
Your firm’s financial success often depends on your ability to use technology in pursuit of lowering costs, reducing waste, and avoiding unneeded expenses. Understanding how and when to use emerging legal technology is as important as keeping current in case law.
Applying trust funds has never been easier with the Bill4Time Batch Trust feature. Creating your invoice batches and applying trust funds to invoices can be done in a minute.
Bill4Time makes managing a business through a mobile device hassle-free. The Bill4Time Mobile At-a-Glance Features include: Time & Expenses. Users can review entered time and expenses for a client or specific project with a quick touch and a swipe from any iPhone or Android device. With the new search bar at the top of the Bill4Time […]
Did you know that businesses that offer online payment processing typically get paid faster? Sometimes within hours of receipt of the invoice! Bill4Time is excited to announce a new integration with LawPay, a leading online payment processing vendor. It’s easy to setup and takes just minutes to connect. Plus, Bill4Time makes it easy to account […]
“Time is a unique resource. It cannot be accumulated like money or stockpiled like raw materials. We are forced to spend it, whether we choose to or not, and at a fixed rate of sixty seconds every minute. It cannot be turned on and off like a machine or replaced like a man. It is […]
One of the most stressful times for a small business of any size is when cash flow grow tight because payments are not being made in a timely manner. Sometimes the answer is how you invoice and your communication with the customer—setting expectations, defining roles and terms—all of which can create barriers in getting paid on […]
Virtual Law Firm Chooses Cloud-Based Time Billing App for Effectiveness & Ease of Use Profile The Advocates Law Group provides high quality, cost-effective legal services for businesses and individual clients in the Pacific Northwest. The firm consists of 14 partners with more than 400 combined years of diverse practice area experience. The Advocates Law Group […]
Washington and Florida Bar Associations Offer Members Premier Time Billing Software Bellevue—November 18, 2015—Bill4Time®, a leader in time billing practice management software for attorneys, announced today the release of Bill4Time Firm Manager with new IOLTA (Interest on Lawyer Trust Accounts) features. A collaborative effort between the Washington State Bar Association (WSBA) and Bill4Time, the […]