The legal offices of earlier years were termed as paper offices. Briefs, new stories including the billable hours of the attorney were recorded and also displayed on the paper pieces. In this digital age, paper cost a lot of money, and it takes away both time and efficiency. The recruitment of additional staff is needed for managing the paper documents and filing the legal briefs. If you lose an essential paper, then you have to spend extra money and time to track down it.
When you compile the billable hours by hand, it can be a time-consuming affair. Moreover, filing the paper-based cases requires enormous space in a warehouse, which can be expensive, even retrieving the necessary documents can consume a lot of time. Modern technology is using digital media for the legal and the paralegal jobs. Billing hours use the legal billing software and file a brief at the law of the court, and, technology assists the legal professionals in performing great work efficiently and effectively.
Features of billing software
The billing software makes it quite easy for tracking the money that comes in and goes out of the firm. It records the payments received from the clients and tags the expenses to the clients and the cases accordingly. It can set the billing rate on an hourly basis for every legal service. Customized rates can be created for the associates, partners, assistants, paralegals, and many more. You can add the billable hours to the invoices, and this software can calculate the amount. This billing software can track each dollar for every case or client. Instant reports can say your actual position. In fact, you can also schedule the reports sent to the clients and the colleagues.
This software helps you run and manage your legal firm considerably well. It automates the complete process right from communication with your clients to follow the cases and ultimately getting paid. In the world of an attorney, the work is directly related to the paycheck. So, it is incredibly vital for the legal professionals to utilize their precious time in the important matters and not on trivial issues, such as the clerical work. You can address many areas of your law practice apart from the billing part using the billing software. It can save many hours of time that can equate your weekly income. And, the best part is the pricing of this software is reasonable, and so, it is highly cost-effective.