Managing a Law Firms Cash Flow​

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Managing a Law Firms Cash Flow Cash flow is the lifeline of any business, and law firms are no different. Without it, the firm would be unable to pay its bills, staff salaries or other running costs. That is why it is so important to have a handle on your firm’s cash flow and understand how […]

How to Ensure the Financial Health of a Law Firm​​

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How to Ensure the Financial Health of a Law Firm​ In business, we strive to provide outstanding service to our clients, but this is not the only key to success. We must also keep a tight hold on the company’s financial health to ensure business longevity. When running a law firm, finances may take a […]

Adapting to a Hybrid Working Law Firm Set-up​

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Adapting to a Hybrid Working Law Firm Set-up​ Hybrid working – the blending of traditional office-based work with home-based and remote working – is set to become the new normal for law firms. It is an attractive proposition for both lawyers and their clients, who will benefit by reducing expenses, increasing flexibility and producing greater […]

How Law Firms Are Developing And Maintaining Prospective Long Term Client Relations

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How Law Firms Are Developing And Maintaining Prospective Long Term Client Relations Introduction Prospective new clients are the lifeblood of a law firm. They are also perhaps the most challenging group to manage. Without a steady stream of new prospects, firms will struggle to keep their doors open and partners paid. [1] With so many […]

Why are the UK and Europe reluctant to accept Legal Tech solutions?

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Why are the UK and Europe reluctant to accept Legal Tech solutions? Technology has changed the face of everything, and the law is no exception. Law firms worldwide are employing digital strategists and embracing the benefits of legal tech.[1] Before we dive into the legal technology solutions, it’s important to understand what this technology is.[2] Legal technology, […]

Why Legal Firms Are Focusing Their Outsourcing Efforts

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Why Legal Firms Are Focusing Their Outsourcing Efforts In an age of increasing demands for efficiency, outsourcing has become a hot topic of discussion. Introduction The term ‘Outsourcing’ has been a buzzword for the last couple of years.  Outsourcing is becoming one of the new legal technology trends being embraced by law firms in an attempt to […]

UK’s Legal Sector financial losses in 2021 due to time wastage

case management software, practice management software, legal accounting software, legaltech, technology for lawyers, case management, immigration, london, united kingdomcase management software, practice management software, legal accounting software, legaltech, technology for lawyers, case management, immigration, london, united kingdom

UK’s Legal Sector financial losses in 2021 due to time wastage The speed of the legal business today is unprecedented. The pace of change, demands on lawyers’ time, and breadth of knowledge that they need to access, process and manage is reaching new levels.[1] Today’s legal practice management solutions are easily adaptable and scalable to any size firm, […]

The Main Challenges UK Law Firms Can Expect In 2022

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The Main Challenges UK Law Firms Can Expect In 2022 Introduction As the United Kingdom continues to undergo economic transformation, major changes have emerged in the legal industry. The largest firms have made significant strides in meeting the challenges posed by coming years and encouraging efficiency through modernisation. Since 2022, UK law firms using artificial intelligence and […]

Compliance, source of funds checks, AML checks and ID checks in the legal industry

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Compliance, source of funds checks, AML checks and ID checks in the legal industry What is Compliance? Compliance is the state of being in accordance with established guidelines or specifications or the process of becoming so – software, for example, may be developed in compliance with specifications created by a standards body, and then deployed […]

Work-Life Balance & Work-Place Productivity in The Legal Sector

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Work-Life Balance & Work-Place Productivity in The Legal Sector Life in the legal sector is commonly associated with long hours, challenging deadlines and a high-pressure working environment where busyness is worn as a badge of honour. This makes striking a balance between productivity and burnout extremely difficult. These intensive and high-pressure environments becoming a norm […]