As an attorney, you encounter a variety of expenses while managing cases and providing services to clients. These expenses, charged on behalf of your clients, must be accurately accounted for in your firm’s books. You’ll deal with two types of expenses: hard costs and soft costs. Knowing the distinction between

Every lawyer has likely experienced a frantic search for a certain document, usually in front of a client, or worse, in the courtroom. It’s a stressful scenario that highlights the importance of staying organized. Without strong organizational skills, it’s easy for important information or tasks to get overlooked. These issues

Legal consultants typically log their time as they work on tasks, using timers or manual entry systems. These methods allow them to track how much time they spend on each activity, providing a clear record of their billable hours. Many consultants often use legal time tracking software to log their

Clients want transparency about fees and expenses. It’s essential for a strong client relationship, but how do you provide this information effectively? Clear communication about fees isn’t as straightforward as it might seem. The challenge lies in the details: How much should you disclose? How frequently? In what format? Handled

Law firm overhead expenses are a big part of your firm’s profitability, but do you know what your overhead percentage is? Do you know what your overhead costs are, or even what expenses are included in overhead costs? The first step is understanding your overhead costs, then you can find

Attracting and hiring young talent is a big, and necessary investment for a law firm. After going through the process of recruiting, screening, hiring, and training candidates, it’s important for law firms to do all they can to keep lawyers in the long term. If a young lawyer is brought