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A Message From Thomson Reuters Firm Central

Firm Central Law Practice Management 2017 Enhancements = 2018 Success for Your Firm!

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Practice management is a vital part of any modern law firm’s day-to-day activities. From accessing your firm anytime, anywhere, to digital time and expense tracking, you’re missing out on added efficiencies if you aren’t utilizing a practice management tool. The industry’s premier practice management product, Thomson Reuters Firm Central, will help you achieve greater success for your firm by allowing you to focus more on your clients and less on your law firm operations. To amplify the benefits even more, Firm Central continues to make enhancements and prioritizes product improvements based on user feedback , with an eye on exceeding customer expectations. To illustrate this point, among the many excellent Firm Central enhancements throughout 2017, arguably the most notable include the following:

  1. Invoice enhancements that improve client satisfaction

    2. Professional Invoices generated via Firm Central Time & Billing now display payments that have been made towards a matter/case since the previous invoice, as well as previous balances and any credits/adjustments. Further, you now have the option to insert timekeeper summaries into your invoices. This permits you to see how much time each person has put into the matter/case and allows greater transparency for clients to better understand the work performed for their case.

  2. Credit Card processor for easy online payments

    3. Firm Central is partnering with ClientPay® to offer a credit card processor tool from the Firm Central home page. This tool allows you to process a client’s credit card payment made online, towards an invoice; which as a result, will lower processing fees, increase security (PCI compliance), reduce write-offs, and accelerate cash flow.

  3. Multiple Trust/Retainer Accounts for better fund management

    In Firm Central Time & Billing, you can have multiple trust and retainer accounts for a Matter: IOLTA, Pre-payment, Retainer, Trust Account, and even a custom account type (for example: an engagement fee). This, in turn, offers your clients greater flexibility for how they wish to pay their invoices and allows you greater flexibility in managing your firm billables.

These enhancements not only assist you in finishing up 2017 on a strong note, but will also set your firm up for success in 2018 with Thomson Reuters Firm Central! If you’re thinking about a cloud-based practice management tool for your firm, start your Free Trial of Firm Central today!

Achieve your 2018 law firm goals with Firm Central.

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