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LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. THE FIVE BEST BILLING PRACTICES FOR PROFITABLE LAW FIRMS Identify overdue invoices, so appropriate collections procedures can be instituted. Stay within budget for individual matters and projects. Identify the most profitable practice areas. Detect profit-stealing client tasks. Properly manage client trust accounts. Identify billable time that is not being invoiced. TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com 5 REASONS WHY LAW FIRMS SHOULD MOVE TO VALUE-BASED BILLING Reason #5 – Reduce inefficiencies. Value-based billing has a built-in incentive to move the case along, instead of spending wasteful hours on lesser productive tasks. Under a fixed-fee arrangement, the best course of action for the firm is to move the case to completion in as little time as possible. Therefore, effortsare placed on tasks
WHAT CAN’T ATTORNEYS BILL FOR? Written by TimeSolv Support. 2 min read. One of the more confusing questions that junior lawyers (and many senior lawyers for that matter) deal with is the issue of what they can and cannot bill for on a legal invoice. While a junior attorney is probably not creating the bill himself or herself, that attorney is inputting the time entriesthat
EVER THOUGHT ABOUT A CAREER AS A LEGAL BILLING SPECIALIST Responding to billing disputes. According to Payscale, the average nationwide salary of a legal billing specialist is $49,000. However, job location and years of experience can significantly influence yearly wages. Compensation is also affected by your decision to work for a law firm as a legal billing specialist or to work for yourself IS TECHNOLOGY MAKING THE PRACTICE OF LAW BETTER OR WORSE Though the pushback continues, the advantages of legal tech cannot be denied for much longer. These advances have helped lawyers move their practices forward in an efficient and profitable way, proving that technology is definitely making the practice of law better. ErikaWinston is
SURVEY FINDS LAW FIRM TECH SPENDING ON THE RISE On the other side of the spectrum, 14% of law firms were spending over $21,000 per attorney on technology resources, with 47% of firms spending between $8,000 and $21,000 per attorney. Those are just a few findings from the survey indicating the amount of spending by law firms on technology, which was up among firms in 2016. LEGAL TIME TRACKING & BILLING SOLUTION get paid in full for every invoice. Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing software for usability.LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. THE FIVE BEST BILLING PRACTICES FOR PROFITABLE LAW FIRMS Identify overdue invoices, so appropriate collections procedures can be instituted. Stay within budget for individual matters and projects. Identify the most profitable practice areas. Detect profit-stealing client tasks. Properly manage client trust accounts. Identify billable time that is not being invoiced. TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com 5 REASONS WHY LAW FIRMS SHOULD MOVE TO VALUE-BASED BILLING Reason #5 – Reduce inefficiencies. Value-based billing has a built-in incentive to move the case along, instead of spending wasteful hours on lesser productive tasks. Under a fixed-fee arrangement, the best course of action for the firm is to move the case to completion in as little time as possible. Therefore, effortsare placed on tasks
WHAT CAN’T ATTORNEYS BILL FOR? Written by TimeSolv Support. 2 min read. One of the more confusing questions that junior lawyers (and many senior lawyers for that matter) deal with is the issue of what they can and cannot bill for on a legal invoice. While a junior attorney is probably not creating the bill himself or herself, that attorney is inputting the time entriesthat
EVER THOUGHT ABOUT A CAREER AS A LEGAL BILLING SPECIALIST Responding to billing disputes. According to Payscale, the average nationwide salary of a legal billing specialist is $49,000. However, job location and years of experience can significantly influence yearly wages. Compensation is also affected by your decision to work for a law firm as a legal billing specialist or to work for yourself IS TECHNOLOGY MAKING THE PRACTICE OF LAW BETTER OR WORSE Though the pushback continues, the advantages of legal tech cannot be denied for much longer. These advances have helped lawyers move their practices forward in an efficient and profitable way, proving that technology is definitely making the practice of law better. ErikaWinston is
SURVEY FINDS LAW FIRM TECH SPENDING ON THE RISE On the other side of the spectrum, 14% of law firms were spending over $21,000 per attorney on technology resources, with 47% of firms spending between $8,000 and $21,000 per attorney. Those are just a few findings from the survey indicating the amount of spending by law firms on technology, which was up among firms in 2016.TIMESOLVPAY
We have purchased or demoed countless billing solutions in my firm's multi-year quest to find a better alternative to Timeslips. Clio, Amicus, Bill4Time, Cosmolex, Firm Central, Cosmolex, QuickBooks, eBillity, MyCase, you name it, we tried it. OUTSOURCED LEGAL BILLING Besides just a legal billing software, Our one-of-a-kind TimeSolv Outsourced Legal Billing service is designed to provide a fast, efficient, and cost-effective solution for billing .It’s the ideal choice for lawyers who recognize the advantages of applying theirvaluable time to
TIMESOLV LEGAL AND PRO DIFFERENCE TimeSolv Legal. (Volume user discounts available) $39.95/user per month. Unlimited Clients & Matters. Unlimited Document Storage. Integration with QuickBooks Online, QuickBooks Desktop, Xero Accounting, LawPay and Office 365. Six options for defining hourly rates. Flexible billing options for hourly, consolidated, and fixedfee. Option to
TIMESOLV VERSION 20210604 FEATURE UPDATES & BUG FIXES TimeSolv Version 20210604 Feature Updates & Bug Fixes Release Date: June 4, 2021 #1: New Feature: TimeSolvPay. Firm admins can initiate and complete TimeSolvPay Onboarding from within the web app so that they can process payments through TimeSolvPay. 5 COMPELLING REASONS TO OUTSOURCE YOUR LAW FIRM’S Outsourced bookkeeping and accounting services benefit law firms with cost savings, more time to focus on billable tasks, accounting expertise, and growth support. SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. LEGAL BILLING OR PROJECT BILLING For a robust legal and project billing solution and accurate accounting, it is important that hard costs and soft costs are accounted separately.. Hard costs are expenses incurred on behalf of a client that require a direct payment by the firm to a vendor. For example if a firm writes a check for a court filing fee, it is considered a hard cost. ADVANTAGES OF COMPUTERIZED TIME TRACKING OVER MANUAL TIME Just keep reading to learn all you need to know about the advantages of computerized time tracking over manual time tracking. #1 Efficiency – You may not realize it, but manual time tracking is probably wasting your valuable time. Let’s say you work on eight matters throughout the day, including telephone calls, research and meetings. COMPARISON BETWEEN ZERO AR AND CURRENT PAYMENT PROCESS 1 min readCheck our latest Timesolv InfoGraphic to provide some useful productivity hacks for lawyers. EVER THOUGHT ABOUT A CAREER AS A LEGAL BILLING SPECIALIST Responding to billing disputes. According to Payscale, the average nationwide salary of a legal billing specialist is $49,000. However, job location and years of experience can significantly influence yearly wages. Compensation is also affected by your decision to work for a law firm as a legal billing specialist or to work for yourself LEGAL TIME TRACKING & BILLING SOLUTION get paid in full for every invoice. Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing software for usability.LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. WHY ACCURATE AND TIMELY BILLING ARE VITAL TO THE SUCCESS 3 min readWhen you firm sends out a billing statement, it essentially notifies the client of three things: What work was completed on the matter The financial value of the work completed The expectation of compensation for the work completed While these messages are quite obvious, the timing and accuracy of your bills may be THE FIVE BEST BILLING PRACTICES FOR PROFITABLE LAW FIRMS Identify overdue invoices, so appropriate collections procedures can be instituted. Stay within budget for individual matters and projects. Identify the most profitable practice areas. Detect profit-stealing client tasks. Properly manage client trust accounts. Identify billable time that is not being invoiced. ADVANTAGES OF COMPUTERIZED TIME TRACKING OVER MANUAL TIME Just keep reading to learn all you need to know about the advantages of computerized time tracking over manual time tracking. #1 Efficiency – You may not realize it, but manual time tracking is probably wasting your valuable time. Let’s say you work on eight matters throughout the day, including telephone calls, research and meetings. TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com SURVEY FINDS LAW FIRM TECH SPENDING ON THE RISE On the other side of the spectrum, 14% of law firms were spending over $21,000 per attorney on technology resources, with 47% of firms spending between $8,000 and $21,000 per attorney. Those are just a few findings from the survey indicating the amount of spending by law firms on technology, which was up among firms in 2016. IS TECHNOLOGY MAKING THE PRACTICE OF LAW BETTER OR WORSE Though the pushback continues, the advantages of legal tech cannot be denied for much longer. These advances have helped lawyers move their practices forward in an efficient and profitable way, proving that technology is definitely making the practice of law better. ErikaWinston is
CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
LEGAL TIME TRACKING & BILLING SOLUTION get paid in full for every invoice. Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing software for usability.LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. WHY ACCURATE AND TIMELY BILLING ARE VITAL TO THE SUCCESS 3 min readWhen you firm sends out a billing statement, it essentially notifies the client of three things: What work was completed on the matter The financial value of the work completed The expectation of compensation for the work completed While these messages are quite obvious, the timing and accuracy of your bills may be THE FIVE BEST BILLING PRACTICES FOR PROFITABLE LAW FIRMS Identify overdue invoices, so appropriate collections procedures can be instituted. Stay within budget for individual matters and projects. Identify the most profitable practice areas. Detect profit-stealing client tasks. Properly manage client trust accounts. Identify billable time that is not being invoiced. ADVANTAGES OF COMPUTERIZED TIME TRACKING OVER MANUAL TIME Just keep reading to learn all you need to know about the advantages of computerized time tracking over manual time tracking. #1 Efficiency – You may not realize it, but manual time tracking is probably wasting your valuable time. Let’s say you work on eight matters throughout the day, including telephone calls, research and meetings. TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com SURVEY FINDS LAW FIRM TECH SPENDING ON THE RISE On the other side of the spectrum, 14% of law firms were spending over $21,000 per attorney on technology resources, with 47% of firms spending between $8,000 and $21,000 per attorney. Those are just a few findings from the survey indicating the amount of spending by law firms on technology, which was up among firms in 2016. IS TECHNOLOGY MAKING THE PRACTICE OF LAW BETTER OR WORSE Though the pushback continues, the advantages of legal tech cannot be denied for much longer. These advances have helped lawyers move their practices forward in an efficient and profitable way, proving that technology is definitely making the practice of law better. ErikaWinston is
CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
OUTSOURCED LEGAL BILLING Besides just a legal billing software, Our one-of-a-kind TimeSolv Outsourced Legal Billing service is designed to provide a fast, efficient, and cost-effective solution for billing .It’s the ideal choice for lawyers who recognize the advantages of applying theirvaluable time to
TIMESOLVPAY
We have purchased or demoed countless billing solutions in my firm's multi-year quest to find a better alternative to Timeslips. Clio, Amicus, Bill4Time, Cosmolex, Firm Central, Cosmolex, QuickBooks, eBillity, MyCase, you name it, we tried it. OFFLINE TIME TRACKING SOFTWARE In today’s world, business isn’t confined to the office. If you’re stuck using online invoicing software, then you’re tethered to wifi. To stay on top, you need the flexibility to work anywhere and everywhere. That’s where TimeSync Desktop Application comes in. TIMESOLV LEGAL AND PRO DIFFERENCE TimeSolv Legal. (Volume user discounts available) $39.95/user per month. Unlimited Clients & Matters. Unlimited Document Storage. Integration with QuickBooks Online, QuickBooks Desktop, Xero Accounting, LawPay and Office 365. Six options for defining hourly rates. Flexible billing options for hourly, consolidated, and fixedfee. Option to
SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. ADVANTAGES OF COMPUTERIZED TIME TRACKING OVER MANUAL TIME Just keep reading to learn all you need to know about the advantages of computerized time tracking over manual time tracking. #1 Efficiency – You may not realize it, but manual time tracking is probably wasting your valuable time. Let’s say you work on eight matters throughout the day, including telephone calls, research and meetings. 5 COMPELLING REASONS TO OUTSOURCE YOUR LAW FIRM’S Outsourced bookkeeping and accounting services benefit law firms with cost savings, more time to focus on billable tasks, accounting expertise, and growth support. TIMESOLV VERSION 20210604 FEATURE UPDATES & BUG FIXES TimeSolv Version 20210604 Feature Updates & Bug Fixes Release Date: June 4, 2021 #1: New Feature: TimeSolvPay. Firm admins can initiate and complete TimeSolvPay Onboarding from within the web app so that they can process payments through TimeSolvPay.TIMESOLVPAY
If you have a Client configured to receive portal payments in a Trust Account ( Clients>Clients and Matters>>General>Receive all Payments in: Trust), send their invoice via the Invoices>Drafts screen. Once the invoice is sent, head into Clients>Clients & Matters>>Contacts>Edit link against the Contact.. Scroll to the bottom of the screen and click on ' View Portal'. COMPARISON BETWEEN ZERO AR AND CURRENT PAYMENT PROCESS 1 min readCheck our latest Timesolv InfoGraphic to provide some useful productivity hacks for lawyers. LEGAL TIME TRACKING & BILLING SOLUTION get paid in full for every invoice. Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing software for usability.LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. WHY ACCURATE AND TIMELY BILLING ARE VITAL TO THE SUCCESS 3 min readWhen you firm sends out a billing statement, it essentially notifies the client of three things: What work was completed on the matter The financial value of the work completed The expectation of compensation for the work completed While these messages are quite obvious, the timing and accuracy of your bills may be THE FIVE BEST BILLING PRACTICES FOR PROFITABLE LAW FIRMS Identify overdue invoices, so appropriate collections procedures can be instituted. Stay within budget for individual matters and projects. Identify the most profitable practice areas. Detect profit-stealing client tasks. Properly manage client trust accounts. Identify billable time that is not being invoiced. ADVANTAGES OF COMPUTERIZED TIME TRACKING OVER MANUAL TIME Just keep reading to learn all you need to know about the advantages of computerized time tracking over manual time tracking. #1 Efficiency – You may not realize it, but manual time tracking is probably wasting your valuable time. Let’s say you work on eight matters throughout the day, including telephone calls, research and meetings. TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com SURVEY FINDS LAW FIRM TECH SPENDING ON THE RISE On the other side of the spectrum, 14% of law firms were spending over $21,000 per attorney on technology resources, with 47% of firms spending between $8,000 and $21,000 per attorney. Those are just a few findings from the survey indicating the amount of spending by law firms on technology, which was up among firms in 2016. IS TECHNOLOGY MAKING THE PRACTICE OF LAW BETTER OR WORSE Though the pushback continues, the advantages of legal tech cannot be denied for much longer. These advances have helped lawyers move their practices forward in an efficient and profitable way, proving that technology is definitely making the practice of law better. ErikaWinston is
CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
LEGAL TIME TRACKING & BILLING SOLUTION get paid in full for every invoice. Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing software for usability.LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. WHY ACCURATE AND TIMELY BILLING ARE VITAL TO THE SUCCESS 3 min readWhen you firm sends out a billing statement, it essentially notifies the client of three things: What work was completed on the matter The financial value of the work completed The expectation of compensation for the work completed While these messages are quite obvious, the timing and accuracy of your bills may be THE FIVE BEST BILLING PRACTICES FOR PROFITABLE LAW FIRMS Identify overdue invoices, so appropriate collections procedures can be instituted. Stay within budget for individual matters and projects. Identify the most profitable practice areas. Detect profit-stealing client tasks. Properly manage client trust accounts. Identify billable time that is not being invoiced. ADVANTAGES OF COMPUTERIZED TIME TRACKING OVER MANUAL TIME Just keep reading to learn all you need to know about the advantages of computerized time tracking over manual time tracking. #1 Efficiency – You may not realize it, but manual time tracking is probably wasting your valuable time. Let’s say you work on eight matters throughout the day, including telephone calls, research and meetings. TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com SURVEY FINDS LAW FIRM TECH SPENDING ON THE RISE On the other side of the spectrum, 14% of law firms were spending over $21,000 per attorney on technology resources, with 47% of firms spending between $8,000 and $21,000 per attorney. Those are just a few findings from the survey indicating the amount of spending by law firms on technology, which was up among firms in 2016. IS TECHNOLOGY MAKING THE PRACTICE OF LAW BETTER OR WORSE Though the pushback continues, the advantages of legal tech cannot be denied for much longer. These advances have helped lawyers move their practices forward in an efficient and profitable way, proving that technology is definitely making the practice of law better. ErikaWinston is
CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
OUTSOURCED LEGAL BILLING Besides just a legal billing software, Our one-of-a-kind TimeSolv Outsourced Legal Billing service is designed to provide a fast, efficient, and cost-effective solution for billing .It’s the ideal choice for lawyers who recognize the advantages of applying theirvaluable time to
TIMESOLVPAY
We have purchased or demoed countless billing solutions in my firm's multi-year quest to find a better alternative to Timeslips. Clio, Amicus, Bill4Time, Cosmolex, Firm Central, Cosmolex, QuickBooks, eBillity, MyCase, you name it, we tried it. OFFLINE TIME TRACKING SOFTWARE In today’s world, business isn’t confined to the office. If you’re stuck using online invoicing software, then you’re tethered to wifi. To stay on top, you need the flexibility to work anywhere and everywhere. That’s where TimeSync Desktop Application comes in. TIMESOLV LEGAL AND PRO DIFFERENCE TimeSolv Legal. (Volume user discounts available) $39.95/user per month. Unlimited Clients & Matters. Unlimited Document Storage. Integration with QuickBooks Online, QuickBooks Desktop, Xero Accounting, LawPay and Office 365. Six options for defining hourly rates. Flexible billing options for hourly, consolidated, and fixedfee. Option to
SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. ADVANTAGES OF COMPUTERIZED TIME TRACKING OVER MANUAL TIME Just keep reading to learn all you need to know about the advantages of computerized time tracking over manual time tracking. #1 Efficiency – You may not realize it, but manual time tracking is probably wasting your valuable time. Let’s say you work on eight matters throughout the day, including telephone calls, research and meetings. 5 COMPELLING REASONS TO OUTSOURCE YOUR LAW FIRM’S Outsourced bookkeeping and accounting services benefit law firms with cost savings, more time to focus on billable tasks, accounting expertise, and growth support. TIMESOLV VERSION 20210604 FEATURE UPDATES & BUG FIXES TimeSolv Version 20210604 Feature Updates & Bug Fixes Release Date: June 4, 2021 #1: New Feature: TimeSolvPay. Firm admins can initiate and complete TimeSolvPay Onboarding from within the web app so that they can process payments through TimeSolvPay.TIMESOLVPAY
If you have a Client configured to receive portal payments in a Trust Account ( Clients>Clients and Matters>>General>Receive all Payments in: Trust), send their invoice via the Invoices>Drafts screen. Once the invoice is sent, head into Clients>Clients & Matters>>Contacts>Edit link against the Contact.. Scroll to the bottom of the screen and click on ' View Portal'. COMPARISON BETWEEN ZERO AR AND CURRENT PAYMENT PROCESS 1 min readCheck our latest Timesolv InfoGraphic to provide some useful productivity hacks for lawyers. LEGAL TIME TRACKING & BILLING SOLUTION get paid in full for every invoice. Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing software for usability.LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. WHY ACCURATE AND TIMELY BILLING ARE VITAL TO THE SUCCESS 3 min readWhen you firm sends out a billing statement, it essentially notifies the client of three things: What work was completed on the matter The financial value of the work completed The expectation of compensation for the work completed While these messages are quite obvious, the timing and accuracy of your bills may be THE FIVE BEST BILLING PRACTICES FOR PROFITABLE LAW FIRMS Identify overdue invoices, so appropriate collections procedures can be instituted. Stay within budget for individual matters and projects. Identify the most profitable practice areas. Detect profit-stealing client tasks. Properly manage client trust accounts. Identify billable time that is not being invoiced. ADVANTAGES OF COMPUTERIZED TIME TRACKING OVER MANUAL TIME Just keep reading to learn all you need to know about the advantages of computerized time tracking over manual time tracking. #1 Efficiency – You may not realize it, but manual time tracking is probably wasting your valuable time. Let’s say you work on eight matters throughout the day, including telephone calls, research and meetings. TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com SURVEY FINDS LAW FIRM TECH SPENDING ON THE RISE On the other side of the spectrum, 14% of law firms were spending over $21,000 per attorney on technology resources, with 47% of firms spending between $8,000 and $21,000 per attorney. Those are just a few findings from the survey indicating the amount of spending by law firms on technology, which was up among firms in 2016. IS TECHNOLOGY MAKING THE PRACTICE OF LAW BETTER OR WORSE Though the pushback continues, the advantages of legal tech cannot be denied for much longer. These advances have helped lawyers move their practices forward in an efficient and profitable way, proving that technology is definitely making the practice of law better. ErikaWinston is
CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
LEGAL TIME TRACKING & BILLING SOLUTION get paid in full for every invoice. Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing software for usability.LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. WHY ACCURATE AND TIMELY BILLING ARE VITAL TO THE SUCCESS 3 min readWhen you firm sends out a billing statement, it essentially notifies the client of three things: What work was completed on the matter The financial value of the work completed The expectation of compensation for the work completed While these messages are quite obvious, the timing and accuracy of your bills may be THE FIVE BEST BILLING PRACTICES FOR PROFITABLE LAW FIRMS Identify overdue invoices, so appropriate collections procedures can be instituted. Stay within budget for individual matters and projects. Identify the most profitable practice areas. Detect profit-stealing client tasks. Properly manage client trust accounts. Identify billable time that is not being invoiced. ADVANTAGES OF COMPUTERIZED TIME TRACKING OVER MANUAL TIME Just keep reading to learn all you need to know about the advantages of computerized time tracking over manual time tracking. #1 Efficiency – You may not realize it, but manual time tracking is probably wasting your valuable time. Let’s say you work on eight matters throughout the day, including telephone calls, research and meetings. TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com SURVEY FINDS LAW FIRM TECH SPENDING ON THE RISE On the other side of the spectrum, 14% of law firms were spending over $21,000 per attorney on technology resources, with 47% of firms spending between $8,000 and $21,000 per attorney. Those are just a few findings from the survey indicating the amount of spending by law firms on technology, which was up among firms in 2016. IS TECHNOLOGY MAKING THE PRACTICE OF LAW BETTER OR WORSE Though the pushback continues, the advantages of legal tech cannot be denied for much longer. These advances have helped lawyers move their practices forward in an efficient and profitable way, proving that technology is definitely making the practice of law better. ErikaWinston is
CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
OUTSOURCED LEGAL BILLING Besides just a legal billing software, Our one-of-a-kind TimeSolv Outsourced Legal Billing service is designed to provide a fast, efficient, and cost-effective solution for billing .It’s the ideal choice for lawyers who recognize the advantages of applying theirvaluable time to
TIMESOLVPAY
We have purchased or demoed countless billing solutions in my firm's multi-year quest to find a better alternative to Timeslips. Clio, Amicus, Bill4Time, Cosmolex, Firm Central, Cosmolex, QuickBooks, eBillity, MyCase, you name it, we tried it. OFFLINE TIME TRACKING SOFTWARE In today’s world, business isn’t confined to the office. If you’re stuck using online invoicing software, then you’re tethered to wifi. To stay on top, you need the flexibility to work anywhere and everywhere. That’s where TimeSync Desktop Application comes in. TIMESOLV LEGAL AND PRO DIFFERENCE TimeSolv Legal. (Volume user discounts available) $39.95/user per month. Unlimited Clients & Matters. Unlimited Document Storage. Integration with QuickBooks Online, QuickBooks Desktop, Xero Accounting, LawPay and Office 365. Six options for defining hourly rates. Flexible billing options for hourly, consolidated, and fixedfee. Option to
SIX MAJOR CHALLENGES FACING SMALL AND SOLO LAW FIRMS RIGHT For many small and solo law firms, the pandemic has created a valley. In an ideal situation, solo attorneys will have enough savings to cover six months of expenses, but there are other steps that solos can take to prevent inadequate cash flow, such as: Sending invoices in a timely manner. Offering alternative payment options. ADVANTAGES OF COMPUTERIZED TIME TRACKING OVER MANUAL TIME Just keep reading to learn all you need to know about the advantages of computerized time tracking over manual time tracking. #1 Efficiency – You may not realize it, but manual time tracking is probably wasting your valuable time. Let’s say you work on eight matters throughout the day, including telephone calls, research and meetings. 5 COMPELLING REASONS TO OUTSOURCE YOUR LAW FIRM’S Outsourced bookkeeping and accounting services benefit law firms with cost savings, more time to focus on billable tasks, accounting expertise, and growth support. TIMESOLV VERSION 20210604 FEATURE UPDATES & BUG FIXES TimeSolv Version 20210604 Feature Updates & Bug Fixes Release Date: June 4, 2021 #1: New Feature: TimeSolvPay. Firm admins can initiate and complete TimeSolvPay Onboarding from within the web app so that they can process payments through TimeSolvPay.TIMESOLVPAY
If you have a Client configured to receive portal payments in a Trust Account ( Clients>Clients and Matters>>General>Receive all Payments in: Trust), send their invoice via the Invoices>Drafts screen. Once the invoice is sent, head into Clients>Clients & Matters>>Contacts>Edit link against the Contact.. Scroll to the bottom of the screen and click on ' View Portal'. COMPARISON BETWEEN ZERO AR AND CURRENT PAYMENT PROCESS 1 min readCheck our latest Timesolv InfoGraphic to provide some useful productivity hacks for lawyers. LEGAL TIME TRACKING & BILLING SOLUTION get paid in full for every invoice. Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing software for usability.LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform ACCOUNTANT BILLING SOFTWARE Software for tax accountants, auditors, accountants, financial advisors and consultants. Our expense tracking software ensures every business expense is organized, accessible, and comprehensible. You can finally leave behind your filing cabinet, Excel spreadsheets, and crumpled receipts. Let’s face it, OUTSOURCED LEGAL BILLING Besides just a legal billing software, Our one-of-a-kind TimeSolv Outsourced Legal Billing service is designed to provide a fast, efficient, and cost-effective solution for billing .It’s the ideal choice for lawyers who recognize the advantages of applying theirvaluable time to
TIMESOLV LEGAL AND PRO DIFFERENCE TimeSolv Legal. (Volume user discounts available) $39.95/user per month. Unlimited Clients & Matters. Unlimited Document Storage. Integration with QuickBooks Online, QuickBooks Desktop, Xero Accounting, LawPay and Office 365. Six options for defining hourly rates. Flexible billing options for hourly, consolidated, and fixedfee. Option to
THE HARD COSTS AND SOFT COSTS OF RUNNING A LAW WHY ACCURATE AND TIMELY BILLING ARE VITAL TO THE SUCCESS 3 min readWhen you firm sends out a billing statement, it essentially notifies the client of three things: What work was completed on the matter The financial value of the work completed The expectation of compensation for the work completed While these messages are quite obvious, the timing and accuracy of your bills may be TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com COMMON TYPES OF CUSTODY ARRANGEMENTS Here are some of the most common: Joint Custody – This type of arrangement includes both parents. Joint legal custody means that both parents will make major decisions for the child together. Usually, this entails reaching an agreement when it comes to the child’s education, medical care, and CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
LEGAL TIME TRACKING & BILLING SOLUTION get paid in full for every invoice. Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing software for usability.LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform ACCOUNTANT BILLING SOFTWARE Software for tax accountants, auditors, accountants, financial advisors and consultants. Our expense tracking software ensures every business expense is organized, accessible, and comprehensible. You can finally leave behind your filing cabinet, Excel spreadsheets, and crumpled receipts. Let’s face it, OUTSOURCED LEGAL BILLING Besides just a legal billing software, Our one-of-a-kind TimeSolv Outsourced Legal Billing service is designed to provide a fast, efficient, and cost-effective solution for billing .It’s the ideal choice for lawyers who recognize the advantages of applying theirvaluable time to
TIMESOLV LEGAL AND PRO DIFFERENCE TimeSolv Legal. (Volume user discounts available) $39.95/user per month. Unlimited Clients & Matters. Unlimited Document Storage. Integration with QuickBooks Online, QuickBooks Desktop, Xero Accounting, LawPay and Office 365. Six options for defining hourly rates. Flexible billing options for hourly, consolidated, and fixedfee. Option to
THE HARD COSTS AND SOFT COSTS OF RUNNING A LAW WHY ACCURATE AND TIMELY BILLING ARE VITAL TO THE SUCCESS 3 min readWhen you firm sends out a billing statement, it essentially notifies the client of three things: What work was completed on the matter The financial value of the work completed The expectation of compensation for the work completed While these messages are quite obvious, the timing and accuracy of your bills may be TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com COMMON TYPES OF CUSTODY ARRANGEMENTS Here are some of the most common: Joint Custody – This type of arrangement includes both parents. Joint legal custody means that both parents will make major decisions for the child together. Usually, this entails reaching an agreement when it comes to the child’s education, medical care, and CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
TIMESOLVPAY
We have purchased or demoed countless billing solutions in my firm's multi-year quest to find a better alternative to Timeslips. Clio, Amicus, Bill4Time, Cosmolex, Firm Central, Cosmolex, QuickBooks, eBillity, MyCase, you name it, we tried it. ABOUT TIMESOLV CORPORATION About TimeSolv. Developed in 1999 by Thomson Reuters Elite Online Solutions before becoming privately owned in 2006, TimeSolv has emerged as the leader in time & expense tracking, billing, and management needs for businesses around the world. TIMESOLV VERSION 20210604 FEATURE UPDATES & BUG FIXES TimeSolv Version 20210604 Feature Updates & Bug Fixes Release Date: June 4, 2021 #1: New Feature: TimeSolvPay. Firm admins can initiate and complete TimeSolvPay Onboarding from within the web app so that they can process payments through TimeSolvPay. EVERY PARALEGAL SHOULD KNOW THIS COMMON ATTORNEY BILLING While attorneys can use various billing increments, the most common are: 1/10th of an hour or 6 minutes – Tasks are billed in 6-minute increments. If a task takes less time than this, it is rounded up to 6 minutes for billing purposes. For example, a 3-minute telephone call is billed for 6 minutes. This is the most common billing increment 5 COMPELLING REASONS TO OUTSOURCE YOUR LAW FIRM’S Outsourced bookkeeping and accounting services benefit law firms with cost savings, more time to focus on billable tasks, accounting expertise, and growth support.TIMESOLVPAY
If you have a Client configured to receive portal payments in a Trust Account ( Clients>Clients and Matters>>General>Receive all Payments in: Trust), send their invoice via the Invoices>Drafts screen. Once the invoice is sent, head into Clients>Clients & Matters>>Contacts>Edit link against the Contact.. Scroll to the bottom of the screen and click on ' View Portal'. CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
TIP OF THE WEEK: PERMISSIONS 5 min readTimeSolv offers various options with its user permissions. User permissions offer a great way to limit what users can see and do in TimeSolv, making it ideal especially for those firms that use contract attorneys. TimeSolv allows you to fully customize what each user in your firm can do and see. For Timekeepers, THE ORGANIZATIONAL SKILLS EVERY EFFECTIVE LAWYER SHOULD Don’t shy away from an organizational system because you think it needs be something complex. Even simple changes and strategies can be effective time management tools, including: Brain dumping: Your memory is not a calendar and an extremely unreliable database for appointments and important notes. A daily brain dump can be helpful atputting
COMPARISON BETWEEN ZERO AR AND CURRENT PAYMENT PROCESS 1 min readCheck our latest Timesolv InfoGraphic to provide some useful productivity hacks for lawyers. LEGAL TIME TRACKING & BILLING SOLUTION get paid in full for every invoice. Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing software for usability.LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform ACCOUNTANT BILLING SOFTWARE Software for tax accountants, auditors, accountants, financial advisors and consultants. Our expense tracking software ensures every business expense is organized, accessible, and comprehensible. You can finally leave behind your filing cabinet, Excel spreadsheets, and crumpled receipts. Let’s face it, OUTSOURCED LEGAL BILLING Besides just a legal billing software, Our one-of-a-kind TimeSolv Outsourced Legal Billing service is designed to provide a fast, efficient, and cost-effective solution for billing .It’s the ideal choice for lawyers who recognize the advantages of applying theirvaluable time to
TIMESOLV LEGAL AND PRO DIFFERENCE TimeSolv Legal. (Volume user discounts available) $39.95/user per month. Unlimited Clients & Matters. Unlimited Document Storage. Integration with QuickBooks Online, QuickBooks Desktop, Xero Accounting, LawPay and Office 365. Six options for defining hourly rates. Flexible billing options for hourly, consolidated, and fixedfee. Option to
THE HARD COSTS AND SOFT COSTS OF RUNNING A LAW WHY ACCURATE AND TIMELY BILLING ARE VITAL TO THE SUCCESS 3 min readWhen you firm sends out a billing statement, it essentially notifies the client of three things: What work was completed on the matter The financial value of the work completed The expectation of compensation for the work completed While these messages are quite obvious, the timing and accuracy of your bills may be TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com COMMON TYPES OF CUSTODY ARRANGEMENTS Here are some of the most common: Joint Custody – This type of arrangement includes both parents. Joint legal custody means that both parents will make major decisions for the child together. Usually, this entails reaching an agreement when it comes to the child’s education, medical care, and CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
LEGAL TIME TRACKING & BILLING SOLUTION get paid in full for every invoice. Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing software for usability.LOGIN - TIMESOLV
Refer TimeSolv & Get a $350 Gift Card: Tweets by @timesolv. Built with the OutSystems Platform ACCOUNTANT BILLING SOFTWARE Software for tax accountants, auditors, accountants, financial advisors and consultants. Our expense tracking software ensures every business expense is organized, accessible, and comprehensible. You can finally leave behind your filing cabinet, Excel spreadsheets, and crumpled receipts. Let’s face it, OUTSOURCED LEGAL BILLING Besides just a legal billing software, Our one-of-a-kind TimeSolv Outsourced Legal Billing service is designed to provide a fast, efficient, and cost-effective solution for billing .It’s the ideal choice for lawyers who recognize the advantages of applying theirvaluable time to
TIMESOLV LEGAL AND PRO DIFFERENCE TimeSolv Legal. (Volume user discounts available) $39.95/user per month. Unlimited Clients & Matters. Unlimited Document Storage. Integration with QuickBooks Online, QuickBooks Desktop, Xero Accounting, LawPay and Office 365. Six options for defining hourly rates. Flexible billing options for hourly, consolidated, and fixedfee. Option to
THE HARD COSTS AND SOFT COSTS OF RUNNING A LAW WHY ACCURATE AND TIMELY BILLING ARE VITAL TO THE SUCCESS 3 min readWhen you firm sends out a billing statement, it essentially notifies the client of three things: What work was completed on the matter The financial value of the work completed The expectation of compensation for the work completed While these messages are quite obvious, the timing and accuracy of your bills may be TIP OF THE WEEK: ABILITY TO COPY MULTIPLE TIME ENTRIES TO Select your preferred date range and you will see all the time entries created on that particular date. Now, you can select multiple time entries and copy them over to another day. It is that simple. If you’d like more help on how to select multiple time entries or any tools, please call us at 1.800.715.1284, email us at support@timesolv.com COMMON TYPES OF CUSTODY ARRANGEMENTS Here are some of the most common: Joint Custody – This type of arrangement includes both parents. Joint legal custody means that both parents will make major decisions for the child together. Usually, this entails reaching an agreement when it comes to the child’s education, medical care, and CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
TIMESOLVPAY
We have purchased or demoed countless billing solutions in my firm's multi-year quest to find a better alternative to Timeslips. Clio, Amicus, Bill4Time, Cosmolex, Firm Central, Cosmolex, QuickBooks, eBillity, MyCase, you name it, we tried it. ABOUT TIMESOLV CORPORATION About TimeSolv. Developed in 1999 by Thomson Reuters Elite Online Solutions before becoming privately owned in 2006, TimeSolv has emerged as the leader in time & expense tracking, billing, and management needs for businesses around the world. TIMESOLV VERSION 20210604 FEATURE UPDATES & BUG FIXES TimeSolv Version 20210604 Feature Updates & Bug Fixes Release Date: June 4, 2021 #1: New Feature: TimeSolvPay. Firm admins can initiate and complete TimeSolvPay Onboarding from within the web app so that they can process payments through TimeSolvPay. EVERY PARALEGAL SHOULD KNOW THIS COMMON ATTORNEY BILLING While attorneys can use various billing increments, the most common are: 1/10th of an hour or 6 minutes – Tasks are billed in 6-minute increments. If a task takes less time than this, it is rounded up to 6 minutes for billing purposes. For example, a 3-minute telephone call is billed for 6 minutes. This is the most common billing increment 5 COMPELLING REASONS TO OUTSOURCE YOUR LAW FIRM’S Outsourced bookkeeping and accounting services benefit law firms with cost savings, more time to focus on billable tasks, accounting expertise, and growth support.TIMESOLVPAY
If you have a Client configured to receive portal payments in a Trust Account ( Clients>Clients and Matters>>General>Receive all Payments in: Trust), send their invoice via the Invoices>Drafts screen. Once the invoice is sent, head into Clients>Clients & Matters>>Contacts>Edit link against the Contact.. Scroll to the bottom of the screen and click on ' View Portal'. CAN I BILL A CLIENT FOR “BASIC” LEGAL RESEARCH? Written by TimeSolv Support. 4 min read. As legal clients become more and more savvy in what they will and will not pay for on a law firm bill, one of the issues that often comes comes up is whether the client should have to pay for “basic” legal research into a given area of law. On the one hand, if the research is necessary to helppursue
TIP OF THE WEEK: PERMISSIONS 5 min readTimeSolv offers various options with its user permissions. User permissions offer a great way to limit what users can see and do in TimeSolv, making it ideal especially for those firms that use contract attorneys. TimeSolv allows you to fully customize what each user in your firm can do and see. For Timekeepers, THE ORGANIZATIONAL SKILLS EVERY EFFECTIVE LAWYER SHOULD Don’t shy away from an organizational system because you think it needs be something complex. Even simple changes and strategies can be effective time management tools, including: Brain dumping: Your memory is not a calendar and an extremely unreliable database for appointments and important notes. A daily brain dump can be helpful atputting
COMPARISON BETWEEN ZERO AR AND CURRENT PAYMENT PROCESS 1 min readCheck our latest Timesolv InfoGraphic to provide some useful productivity hacks for lawyers.* Features
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LEGAL TIME TRACKING & BILLING SOLUTION INCREASE YOUR BILLABLE HOURS Receive payment in seconds for all your invoices with our patent-pending technology. The #1 web-based billing solution for attorneys and other professionals for over 20 years. Ranked the #1 legal billing softwarefor usability.
Start your free trial today Not a Law Firm? TRY TIMESOLV PRO RECOGNIZED BY INDUSTRY LEADERS TIMESOLV HAS SOLUTIONS FOR YOUR LEGAL PRACTICE CHALLENGES Do these roadblocks to firm success sound familiar? CLIENTS DON'T PAY INVOICES Collect and store payment information upfront and run payments in batch on YOUR timeline TRACKING TIME TAKES TOO LONG With multiple ways to track time, on and offline, your pain is over DIFFICULTY CUSTOMIZING INVOICES Flexible billing templates allow you to show what you want, how youwant
CREATING BUDGETS IS A STRUGGLE Create phases and tasks for your matters and let the budgeting begin! STAFF SHOULD EASILY SEE DAILY TASKS We agree! See daily to-do lists and know exactly what you’reaccomplishing today
FIRM PERFORMANCE IS HARD TO SEE Peel back the darkness with our reporting and quickly see all your keymetrics
TRACK TIME AND EXPENSES WHILE ON THE GO Time and expense entries made easy with the TimeSolv mobile app. Create entries even when your device is offline. Upload expense receipts, right from your phone.DATA SECURITY
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