Nov 28
9 Questions You Need To Ask Yourself Before Pursuing Debt Settlement
It’s no secret that Americans are struggling financially. Massive layoffs, inflation, unaffordable healthcare, skyrocketing gas prices and hiked-up interest rates on credit card accounts are plunging millions of consumers to the brink of bankruptcy. Read the rest of this entry »
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Nov 27
This article serves as a reference tool for anyone in search of a medical malpractice attorney or an attorney who specializes in traumatic brain injury cases. By way of background, my wife, Cynthia Paddock Doroghazi, has written a book, Searching for the Open Door: A Woman’s Struggle for Survival after a Traumatic Brain Read the rest of this entry »
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Nov 26
How about these right… I think you’ll find the following nuggets of wisdom particularly insightful. Leave your comments below. Check out the second one in particular…
Law Department Management: Why law firms agree to volume discounts …
Rees Morrison, Esq., has consulted to more than 275 law departments over 22 years to Read the rest of this entry »
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Nov 23
Ok so you might find the next few links interesting. These are from around the web, just random snippets that I’ve picked up in my reading, but I found some very cool information in them. You might too. Here goes…
The Orange Rag – from Legal Technology Insider :: Guest article …
Law firms are increasingly embracing the internet as a way of accessing a Read the rest of this entry »
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Nov 22
Company Registration Made Easy
The world of business is complex and many visionaries, who dream of starting their own company, are confused by the maze of documentation required when registering their enterprise. Unfamiliar with the particulars of licenses and permits, finance and funding, business planning and structure, the entire process may Read the rest of this entry »
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Nov 21
There are different types of law firm billing solutions available over the internet today. Over the last few years, accessibility to and use of law firm billing solutions have increased. Of course, it is a hot and popular product and offers multiple solutions and great functionality to law firms across the world. In a way, this solution or software is the first step towards streamlining time and billing for law firms using a type of e-billing technology.
There are basically three categories of law firm billing solutions available: for big firms having more than 30 employees, with less than 25 employees, and for solo practitioners. If you are looking for a law firm billing solutions then the first thing to identify is the size of your the firm. Most of the top solutions for firms comprise of a completely integrated system that will help you to track the total billable time of your firm as well as revenue and costs. Some of the primary features of top-of-the-line billing solutions include:
1. Functionality for enhancing hourly billing
2. Functionality to ensure that you can create reports related to flat fee billing, minimum fee billing, contingency billing, and payment plan billing
3. The law billing solutions will help you to track time utilized in each of the client cases
4. The billing solution will initiate batch billing and can print or email any invoice within a matter of seconds
5. One of the salient points is the ability to create recurring billing with ease. You can create day-wise, week-wise and even monthly bills and ensure that they are a part of the billing cycle.
6. The billing solution for law firms ensure that contingency and retainer billing is easier than ever before
7. Most of the high-end law firm billing solutions offers an option to preset default hourly rates, which can be used for individual users
8. With the help of the software, you will be able to create bills for multiple client cases within a single invoice
9. You can even customize the permission levels for each user in your law firm
10. You can easily derive late payment status reports as well
One of the most important aspects of any law firm is accounts payable. Every firm needs to bill their clients and the billing should not show over-charge or under-charge. It is extremely important that the invoices created are based on actual billable hours and not otherwise. Hence, you should always choose reputable firm billing solutions that can ensure correct entry of data and management of billing data.
Most top-end law firm billing solutions are integrated with a time and billing functionality, which provides any firm with the ability to capture all client advanced costs quickly and with ease to multiple ledgers. As a result, you will be able to maintain detailed aged accounts payable files as well, which can be used for reference to a particular client case. The main aim of the law firm billing solutions is to make it easier for your law firm to manage client expense or payment information with ease.
For further information, please visit Law Firm Billing Solutions.
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Nov 20
Is there any hope with working with collection law firms? Or will they just sue?
I tried talking to the collection law firm about my Household Bank acct and all they would tell me is to find some way to pay off the full amount like asking family, getting a personal loan. I have tried everything but sell my soul to the devil to find a way and there is no Read the rest of this entry »
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Nov 18
A possible upside to the recent economic downturn is that many previously accepted business models are being revealed as in need of substantial reinvention or even total elimination. The billable hour/leverage law firm model for legal services is one of these increasingly maligned business models, and is now appearing to be in danger of ending up in Read the rest of this entry »
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Nov 17
The answer is simple. All your transactions with a Panama Law Firm are covered by tight Attorney Client Privileged Communication. The lawyer/law firm can not reveal anything about the client or their transactions, business dealings, etc. unless specifically authorized by the client. The exception to this would be if ordered by a Panama Court which is a Read the rest of this entry »
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Nov 15
Ok so you might find the next few links interesting. These are from around the web, just random snippets that I’ve picked up in my reading, but I found some very cool information in them. You might too. Here goes…
Client Communications :: Lawyer Marketing :: Marketing Law Firms …
Certainly, a partner at a BigLaw firm apparently thinks associates should, Read the rest of this entry »
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