WATCH: 5 Ways Your Law Firm’s Inefficient Processes Are Slowing Down Your Growth
LOOK AT YOUTUBE
Speaker: Erica Birstler, Vice President at CosmoLex.com
If increasing business and profitability is a goal of your law firm, there is a good chance you are consistently looking for new ways to fuel growth. But one of the simplest solutions may be right in front of you. If your day-to-day billing and accounting processes consist of a patchwork of ad hoc tasks and endless data entry into multiple systems, you may be holding back your own growth without even realizing it. Using too many systems to manage your practice (e.g., one to bill your clients and one to keep track of your accounting) means you and your team are wasting valuable time on administrative tasks when you might be tracking billable hours or finding new clients.
In this presentation, we’ll show you how to identify inefficient areas of your practice and implement new tools and processes that can save you time, make your team more accurate, and make your business more profitable.
- Define what makes a law firm’s billing and bookkeeping processes unique
- Identify 5 common challenges law firms face when using separate software
- Learn how you can use technology to streamline common legal practice processes
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