An Essential Guide to Select the Right Law Practice Management Software for Your Firm
Chances are, you’ve invested in law practice management software and your lawyers aren’t using it, according to the 2017 ABA Legal Technology Survey Report. It reveals that even though most law firms with at least two attorneys offer law practice management systems, the number of lawyers using them is decreasing. And at firms with 10 to 49 lawyers the drop is dramatic, plummeting from 62% in 2016 to merely 34% in 2017.
On the surface, these statistics may indicate that lawyers think it isn’t worthwhile to use law practice management. However, it’s more accurate to conclude that law firms aren’t selecting the system that will fit the needs of their team, so they’re not taking advantage of it. Just consider a Blue Hill Research study conducted at general practice firms where lawyers embrace law practice management. They achieved 71% more referrals and 9% more billings annually. With these kinds of results, using a law practice management system is very much worthwhile.
They achieved this success simply because their system was integrated, so they used it more often. Specifically, they use it:
- 44% more for invoicing and collections
- 82% more for matter management
- 130% more for early case assessment and planning
- 360% more for case analysis
To ensure you’re conducting the due diligence to select a law practice management system that your attorneys will actually use - and reap the benefits from - take a couple of minutes to check out this easy-to-read, comprehensive guide by Jim Calloway, Director of the Oklahoma Bar Association’s Management Assistance Program: How to Select the Right Law Practice Management Software for Your Firm.
The general practice attorneys cited in the Blue Hill Research report are likely seeing more revenue and referrals because their practice management system helps them:
- Easily track the moving parts of their matters in a single location, including contacts, emails, documents, notes and tasks, calendars, research, time and financial information.
- Sleep easier because they have a failsafe against malpractice thanks to automatic legal calendaring, comprehensive conflict checking, and world-class data breach protection.
- Streamline time and billing, and financial performance information.
- Collaborate easily because they can work from anywhere and keep their matter team up to date effortlessly.
It’s easier to do great work with a law practice management system – if you take advantage of it. Discover all the ways law practice management benefits lawyers in this article by Nerino Petro, legal technology expert: 7 reasons why small law firms need practice management software. Then, find out what it takes to select a system that your own team will use. Check out How to Select the Right Law Practice Management Software for Your Firm, which provides the unbiased legal tech expertise of Jim Calloway. And rest assured knowing you’re doing everything possible to make a smart practice management investment.
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