Realisation rates: Taking control of earnings & getting paid

To compete and thrive in a competitive market, law firms need to translate chargeable hours into revenue as quickly as possible. Keeping track of all billable work and getting paid in a reasonable timeframe is key to your survival. This makes realisation rates – the amount of work compared to how earnings are realised – one […]
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3 metrics to improve law firm task delegation

Whether you are a solo lawyer or a partner at a law firm, it is important that your time is being used on what matters most. You can make better use of your time by improving task delegation. This way, you leverage staff because you invest the right level of effort, expertise and skills for tasks at your […]
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Must-track metrics to improve law firm profitability

Are you doing everything you can to improve law firm profitability? In today’s marketplace, growing a profitable law firm can be challenging. As you work hard to keep up with client demands and maintain healthy profit margins, taking time to track and analyse your firm’s performance and effectiveness can be overlooked. Tracking profitability in a systematic way can provide […]
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