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How Payment Plans Can Help Boost Law Firm Revenue

A new world of client behavior is emerging, and law firms are finding that they must keep up with the latest preferences to remain competitive. With the collapse of Silicon Valley banks that led to a global financial crisis and a possible recession around the

Here’s How to Make Your Legal Firm’s Billing Process Faster

Need help to improve billing and turn your law firm expansion dream into reality? Sometimes your best-laid plans for the firm are scuppered, and you may have to refocus your attention on a system that works. Are you game for a change? We delve into

Ready to grow? Delve into these Financial Planning Basics for Lawyers.

Ready to grow? Delve into these Financial Planning Basics for Lawyers. Whether you like it or not, understanding financial planning basics can help you accelerate the path to sustainable revenue growth for your law firm. And the more revenue grows, the more confident you are

Why are Lawyers Increasing their Presence on Social Media?

Were you part of the exodus leaving Twitter when Elon Musk took over? And now, with TikTok’s CEO’s recent appearance before the United States Congress, the future of this social platform also remains uncertain. Even if there are doubts about Twitter and TikTok’s future, both

Advantages of Outsourcing IT Support for Law Firms

From the ancient Greeks to multinational companies today, many wise enterprises have seen the benefits of outsourcing. But what would a modern law firm look like if it put its information technology (IT) department out to tender and employ the best talents to care for

Industry Conversations: Legal Trends in Digitization and Knowledge Management

CoreMatter believes in the importance of devoting time and effort to bringing people together to discuss ideas and ignite conversations that help develop an educated regional legal sector. This is what the ALPMA 5th Regional Law Firm Management Forum in Mandarin Oriental, Singapore, and

Gaining Momentum: Burgeoning Legal Practice Areas From 2022 to Beyond

A flurry of dynamic health challenges, technological advances, and environmental changes is breathing new life into several fast-growing legal practice areas. We explore these legal practice areas to uncover their growth factors and how your law firm can be an excellent fit to serve these

How to Write Debt Collection Letters to Legal Clients

In some South East Asian countries, debt is on the rise. According to Moody’s Analytics, household debt-to-gross domestic product (GDP) ratios in Malaysia and Thailand are among the highest, followed by Vietnam and the Philippines. If you’re a law firm in this region, you’ll sometimes

Payment Plans Options: Does It Suit Your Law Firm?

Payment Plans Options: Does It Suit Your Law Firm? The cross-currents of world news have streamed at startling speeds in recent months, with climate change and war, making stock markets volatile and inflation soar. In some quarters, the latter issue prompted innovations in payment plans

Stressed Out? Here are 5 Ways to Decrease Lawyer Stress

Just how stressful is the life of a lawyer? A study by the Law Society Junior Lawyers Division (JLD) showed that 93.5% of respondents said they experienced stress in their role. A quarter of those experienced extreme levels of stress. Being a lawyer can be challenging. There

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