It’s no secret that good practice management is the key to a happy, strong and profitable firm. However, poor habits and shortcuts can, over time, make inroads into best practice,…
Read more
How to Prepare Your Firm for the AI Revolution
Law firms are increasingly embracing the promise of artificial intelligence (AI) and more legal professionals are asking questions about how their firms can take advantage of the ever-increasing number of…
Read more
Achieving Profitability with Alternative Fee Arrangements
With the increasing prevalence of alternative fee arrangements (AFAs) – such as fixed, blended and capped fees and retainers – firms have the ability to increase the client’s perception of…
Read more![Practice Management and the Future of Your Firm [Guide]](https://insight.thomsonreuters.com.au/legal/wp-content/uploads/sites/8/2019/06/practice-management-guide-cover-image-270x141.jpg)
Practice Management and the Future of Your Firm [Guide]
In a competitive industry faced with a decline in demand for legal work and rapid technological change, efficient document management, data security and seamless service delivery have become increasingly important.…
Read more
5 Questions You Should be Asking Your Practice Management Platform Provider
A smart practice management platform can transform even the most disorganised law firm into a well-oiled machine. But there isn’t a one-size-fits-all solution. It’s important to explore your firm’s current…
Read more
Is Your Law Firm Ready for the Big Data Revolution?
In many sectors of the global economy, big data is proving a useful tool for businesses to leverage data analytics in order to tailor their offerings to audiences and gain…
Read more
5 Reasons a Flat-Fee Billing Structure Works
Law firms face increasing pressure to move away from time-based billing, and numerous firms have relinquished the billable hour in favour of alternative fee arrangements. We explore why a flat-fee…
Read more
7 Invoicing Best Practices Every Law Firm Should Master
Whether your law firm is large or small, incorporated or boutique, implementing these simple billing practices will help ensure you spend less time on accounting and more time servicing your…
Read more
Your Checklist for the Perfect Client Estimate
Savvy clients are increasingly seeking more predictability and transparency in billing, requiring firms to brush up on their costing skills. But beyond that, fee earners and firms can also benefit…
Read more![What Do Manual Processes Cost Your Firm? [Infographic]](https://insight.thomsonreuters.com.au/legal/wp-content/uploads/sites/8/2019/06/Cropped-what-do-manual-processes-cost-your-firm-270x141.jpg)
What Do Manual Processes Cost Your Firm? [Infographic]
A lot of law firms still rely on manual processes for legal research, document production and workflow. Online research and automated legal technology solutions can save your firm valuable billable…
Read more