Running a law firm isn’t an easy task, especially during a global pandemic that has spurred on an economic recession. As such, cash flow management is more important than ever where your accounts may be practicing social distancing too. During a crisis such as COVID-19, finding law firm billing systems that work for your firm as well as your clients is crucial. Moreover, according to researchers, cloud-based accounting tools are the biggest time-saver for law firms, allowing them to focus on what is important, work more effectively, and keeping a better track of business cash flow.
Managing your employment from home has quickly become the norm for the majority of the working world. Despite its prevalence, it’s a fairly new process to most and it requires synchronicity of complex working processes in order to simplify management within a remote law firm and turn the hectic hours into the breeze.
Remote Law on the Rise, so how legal technology can help your Law Firm survive Covid-19?
Data security is a critical component of running a successful law firm. A firm is full of sensitive case information, records, and documents that require a strong safeguard against corruption and data loss. Failing to keep data secure is more than just a huge risk for you and your firm—it can also have incredibly negative consequences for your clients. Should any client information be corrupted, this can result in major data law complications. With this in mind, the need for an effective lawyer software is even more crucial in today’s digital age than ever.
At Amberlo, we know how important it is to have a case management system that is fully operational and optimized for our users. This means that we’re constantly trying to better our platform and ensure that our service goes above and beyond any other legal case management software. For this reason, we do deploy regular updates and software tweaks to enrich the user experience.
The use of Customer Relationship Management (CRM) technology is a favorite amongst marketers, but it is also growing in popularity amongst the legal sector too. The reason for this is that by using this technology, law firms can compile information and data in a single source for each aspect of their business. This includes client management and outreach which, in turn, supports a competitive service offering.
The EU General Data Protection Regulation went into effect on May 25, 2018, defining how personal data must be stored, used and processed. Meaning EU citizens have the possibility to influence who and in which way can manage their personal data. These rules affect all organizations working with EU citizens’ personal data.
Managing a law firm isn’t easy – no matter its size. Whether you’re running a small to medium-sized enterprise or a full-blown organisation, there are particular sets of challenges that all law practices face. Of course, what we are referring to is profitability. Regardless of your law firm management strategy, the ultimate goal is to drive profitability.