Legal Industry Archives

1 week ago

Crafting the Perfect Email Disclaimer

A well-crafted disclaimer can protect your firm from potential liabilities and data breaches. However, are law firms devoting the necessary attention to this aspect? In this article, we'll delve into the importance of email disclaimers and explore what makes it effective.

1 month ago

Mastering the Retainer: A Lawyer’s Guide to Setting Effective Fees

As a lawyer or law firm owner, mastering the art of setting retainer fees is critical to ensuring financial stability and client satisfaction. Retainers secure your fees for services and establish a clear financial relationship with your clients from the beginning. However, determining a suitable

3 months ago

Understanding Mandatory e-Invoicing for Law Firms in Malaysia

https://corematter.biz/wp-content/uploads/2024/07/E-Invoice-for-Malaysian-Law-Firms-16-July-2024.mp4 With mandatory e-invoicing coming into effect in stages commencing 1 August 2024 into next year, law firms in Malaysia must begin preparing for this significant transition to electronically document virtually all commercial activities. The implementation of e-invoicing will impact all law firms, regardless of size. CoreMatter

5 months ago

Boosting Your Law Firm’s Financial Health: Strategies to Improve Receivable Accounts

Running a successful law firm requires more than legal expertise. Mastering the art of collecting accounts receivable is crucial for maintaining a healthy cash flow and ensuring your firm thrives. The frustration of unpaid invoices is a universal experience, but it doesn’t have to be

6 months ago

Understanding Scheduled Payments in Legal Billing

Have you ever browsed an online store and noticed options like Alipay, GrabPay, GCash, or OVO offering installment payment plans? This trend towards scheduled payments isn’t going anywhere, and it’s time to consider how it can benefit your law firm. While some might see scheduled

Streamlining your legal biling, tips to avoid double biling

7 months ago

Streamlining Your Legal Billing: Tips to Avoid Double Billing

Efficient billing process is essential for law firms' profitability and client trust. Utilizing advanced legal billing software like CoreMatter can make your billing process smoother, more professional, and ultimately more profitable.

8 months ago

Choosing the Right Type of Law Practice for Your Career

Venturing into a legal career can be both challenging and rewarding in the dynamic landscape of the legal profession. According to the U.S. Bureau of Labor Statistics (BLS), employment of lawyers is predicted to increase by 10% from 2021 to 2031, a rate faster than

10 months ago

How Legal Assistants Can Be Empowered to Boost Productivity

Here, we explore several strategies, from providing training, building trust and openness, delegating tasks and learning from mistakes, to empowering legal assistants and improving productivity in your law firm

1 year ago

4 Ingenious Strategies to Skyrocket Revenue and Unlock Success for Your Small Law Firm

Are you ready to take your small law firm’s revenue potential to unprecedented heights? Brace yourself for a transformative journey where innovation meets profitability. Prepare to dive into four meticulously crafted strategies for rewriting the rulebook for small law firms, turning them into unstoppable revenue

CoreMatter

1 year ago

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

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Legal Industry