timekeeping Archives | Online Legal Billing Software that finds lost time

Stop waiting to bill

A new article over on Lawyerist helped put some numbers on what we already (should) know, but often try to tell ourselves isn’t true. Waiting until the end of the month to do your legal billing entries is a great way to ensure your bill is wrong. Specifically, you’re likely to both overbill your clients […]

Timekeeping is the root of analysis

Determining profitability and analysis of your metrics is critical to continued success – after all, you can’t stay in business without money coming in the door. But from many of our conversations with solo and small firm attorneys, that’s almost putting the cart before the horse – because, frankly, they are having trouble keeping accurate […]

Keeping track of time is just smart business

Attorneys don’t like keeping track of their time.  This isn’t surprising, considering attorney time tracking is hardly the most exciting task.  Indeed, few things are less exciting (and more tedious) that recording your time in six minute intervals. No doubt, that’s why many attorneys have moved away from traditional hourly billing to flat fees and […]

Fixed fees

With the rise of alternative billing models and increasing client concern on fee management and predictability, fixed fees are becoming more popular. With this rise in popularity comes concerns, however.  We recently came across Five Questions about Fixed Fees You’re Afraid to Ask and think it does a nice job breaking down some of the questions […]

Bill smarter, not harder.

Hourly billing isn’t fun. But it’s also not going away, at least not completely.  One of the easiest ways attorneys can make it (slightly) less not fun is to record time promptly. This seems almost counter-intuitive, since the classic way most people avoid things they don’t want to do is to put them off.  But […]

Flat-fee billling and time-tracking still go together

More and more attorneys are using flat-fee billing and it’s easy to see why: for the client, flat-fee billing brings cost containment and certainty, while for the attorney, it makes invoicing easier and eliminates the need for detailed time-tracking Or does it? The problem with not tracking time in flat-fee (and contingency) matters, of course, […]

Flat fee billing

Depending on your practice area, flat fee billing might make sense.  And by make sense, we mean that that it’s not just easier (it always is easier then hourly billing), but is also financially prudent. The ironic thing is that to make this latter determination, with any basis in realty, at least, you have to […]

The billable hour

Let’s face it – nobody (okay, maybe a few people) like billing for time.  But, as this recent post shows, for better or worse, it’s here to stay for the time being (at least in many practice areas). So at least you can make it easier to bill your time with an integrated time and practice management […]

Metrics start with data

A recent post on attorneyatwork got us thinking. Yes, determining profitability and analysis of your metrics is critical to continued success – after all, you can’t stay in business without money coming in the door. But from many of our conversations with solo and small firm attorneys, that’s almost putting the cart before the horse […]