by profitsolv | Nov 14, 2024 | Accounting practice management, Cosmolex
The rise of online payment solutions has impacted nearly every industry, shaping consumer expectations for everything from grocery shopping to high-level business operations. People aren’t just accustomed to digital payments—they actively seek them. While law firms...
by profitsolv | Nov 13, 2024 | Accounting practice management, Cosmolex
Growing your practice is a worthy goal, but you need a plan of attack and a consistent approach to achieve it. Business development is an ongoing process, so your law firm may hit a plateau if you’re not continually assessing its position, strategies, and...
by profitsolv | Nov 8, 2024 | Accounting practice management, Cosmolex
A well-designed law firm website isn’t just nice to have—it’s necessary for generating business. But with so many law firms competing for visibility, your website needs to persuasively communicate your firm’s unique value proposition, while also making it easy for...
by profitsolv | Oct 30, 2024 | Accounting practice management, Cosmolex
Financial management for law firms covers a variety of activities that keep a legal practice running, from day-to-day business activities to high-level financial analyses. It also takes into account the legal requirements attorneys must follow to protect themselves...
by profitsolv | Oct 23, 2024 | Accounting practice management, Cosmolex
Nearly every lawyer will be responsible for managing client funds at some point, and knowing how correctly protects client relationships and helps avoid legal issues. When holding money in a trust account, the number one thing to remember is that it doesn’t belong to...
by profitsolv | Oct 17, 2024 | Accounting practice management, Cosmolex
Billing inefficiencies cost law firms more than time—they can erode client trust. Untracked billable hours, delayed invoices, and slow payments frustrate clients, undermining their confidence in your firm. But what if you could turn cumbersome processes into...