by profitsolv | Dec 20, 2024 | Accounting practice management, Cosmolex
Law firm partnerships can be as complicated as the cases they handle. But, what does it mean to be a partner in a law firm? Well, partnerships are the lifeblood of law firms, and they are how lawyers run the firm, make decisions, and share profits. Understanding the...
by profitsolv | Dec 12, 2024 | Accounting practice management, Cosmolex
Let’s talk about return on investment (ROI) in law firms. As a lawyer, your payment options matter. Your workload matters, too. Legal professionals wear many hats, but taking a few off would make your load far lighter. CosmoLexPay has you covered with task...
by profitsolv | Dec 11, 2024 | Accounting practice management, Cosmolex
Small to medium-sized law firms can’t survive if they don’t find ways to be agile, more productive, and deliver excellent service—all while reducing costs. For many firms, outdated processes and inefficient workflows slow down day-to-day law firm operations and take...
by profitsolv | Dec 6, 2024 | Accounting practice management, Cosmolex
Client retention is an essential aspect of running a legal practice. Think of it like this: Your firm has no problem bringing clients in, but it needs help keeping them. The bright side is that you’re still getting clients, right? Right… The problem is, when your...
by profitsolv | Nov 27, 2024 | Accounting practice management, Cosmolex
Integrated accounting software is a vital tool for modern law practices. This software understands how law firms work and can make daily accounting workflows and overall client and financial management more efficient. Legal-specific accounting helps safeguard your...
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...
