Deter Cyber Threats with a Secure Website by CosmoLex
A great website is an essential component of any law firm’s marketing success, but your firm’s website doesn’t just need to look polished and professional. It also needs to be secure, for the sake of both your clients and your practice. Cyber-attacks are expected to increase in 2023. According to a poll, 34.5% of executives […]
Why Law Firms with Payment Options on Their Websites Have Higher Liquidity
We don’t want to ruffle any feathers, but we have to say it: there’s more to operating a successful law firm than practicing law. Sure, it’s a pretty big prerequisite, but at the end of the day, a law firm is also a business. And as businesses, law firms do need to consider things like […]
How to Ensure Your Accounting Data is Kept Safe from Cyber Threats
Last year, cyber attacks cost companies over $6 billion. By 2025, that number is expected to climb to $10.5 billion. Considering that someone falls prey to a new cyber attack every 39 seconds, it’s essential for firms to implement robust security measures to protect sensitive financial data and client information. A data breach can result […]
How Secure File-Sharing and eSignatures Can Streamline the Legal Process
It’s no secret that legal professionals are some of the busiest people around. Even the non-billable operational tasks of running a law firm—from managing client intake to billing and invoicing—can leave attorneys to feel stretched thin. If you’ve been on the hunt for ways to increase your efficiency and streamline tasks at your law firm, […]
How to Choose the Best Legal Practice Management Software for Your Firm
Managing a law practice without the right technology can quickly become overwhelming, as administrative burdens and lack of organization can detract from your efforts to provide top-notch legal services. The right legal practice management software can be a real game-changer, though. When you choose the right software for your firm, you enjoy improved efficiency, collaboration, […]
Six Common Legal Accounting Mistakes to Avoid
Managing a successful law practice is no easy task, and the financial aspect is as complicated as it is important to your firm’s overall health. In an industry where precision and accuracy are paramount, proper accounting is crucial to safeguarding your client’s interests and keeping your practice afloat. By better understanding common legal accounting […]
Avoid These Common Billing and Collection Inefficiencies (and Increase Your Cash Flow)
Money makes the world go ‘round—and that includes law firms. And that’s why billing and collection processes are a critical aspect of running a law firm of any size. Yet many small law firms and solo practices struggle with billing and payments because they operate with fewer resources than their larger counterparts. The result? Inefficient […]
The Total Package: Streamline Your Tech Stack
Like most attorneys, you likely rely on a range of different tools designed to help you run your law firm more efficiently, productively, and profitability. But the question is, are these different technologies actually providing you with the best solution? If you’re cobbling together a system to run your law firm, the answer to that […]
Back to Basics: Trust Accounting for Small Law Firms
Trust accounts are among the most complex aspects of running a law firm—and they can be especially intimidating for small firms because there are fewer people to bear the fiduciary responsibility. To add to the stress, compliance mistakes with trust or IOLTA accounts can lead to serious consequences, ranging from fines to disbarment. But you […]
Five Ways to Improve the Client Experience at Your Law Firm
One of the greatest advantages of managing a solo practice or small law firm? The ability to work closely with your clients. You get the opportunity to truly know each client who walks through your door, and as a result, you can better serve them. Additionally, building close relationships with clients increases the chance that […]