Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

All about the legal billing software

By Ivon Lerdorf Subscribe to RSS | February 8th 2012 | Views:
loading
 
  



Billing is a very important & is a tedious activity for a lawyer. Introducing the legal billing software to make the process systematic and finish early. Billing affair differs from firm to firm. They follow the guidelines of the state ethics and complete the billing process.

The legal time and billing software helps in sorting the bills and financial process in a systematic method. It saves time and with the advanced computerized technology & reduces the manual effort. Most lawyers usually operate on an hourly billing model. However, as clients grow the work load increases. A legal time and billing software is just what a busy lawyer needs to remain up to date on the accounts side without losing focus of his practice.

Other lawyers work on a permanent fee basis, in spite of the number of hours or days are involved in solving the case, with incidental expenses charged separately as they crop up with the progress of the case. In such cases too the law office billing software proves invaluable, keeping the fee separate from the various expenses that are all accounted separately. A lawyer can easily generate reports and print these for his and his client's convenience and for transparency in dealings.

Attorney time billing software:

To get the legal billing on time and proper tracking can be done with the Attorney time billing software. Other important functions of this software include;

• Client Advances: For retainer-based matters, the client retainer function handles client funds you receive prior to commencement of legal services.

• Billable Time Tracking: One or more lawyers and support staff in a firm typically work on a case. A billable time tracking function allows you to track billable time spent by each employee who works on a legal matter on any given day or week.

• Expense Tracking: A typical legal case incurs direct expenses such as court fees, witness fees, travel related expenses, etc. The expense tracking function allows you to record expenses for each legal matter as the expense are incurred.

• Bill Preparation: This function produces a variety of bill types (hourly, fixed fee, contingency, etc.) at a pre-determined interval, such as weekly or monthly.

• Payments Received: The payment function allows invoices to be paid from either client advances or newly received funds.

• Collection Support: This function auto-generates reminder letters for overdue invoices and supports your firm’s collection activities for delinquent accounts.

• Reports: The reports function produces a variety of reports for the purpose of administration, accounting, tracking billable time, bank reconciliation's, etc.

Ivon Lerdorf - About Author:
A comprehensive guide for law firms to understand, evaluate and select proper attorney billing software, law firm billing software, legal billing and accounting software, law office billing software, legal billing software.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/software-articles/all-about-the-legal-billing-software.htm

Related Software Articles Subscribe to RSS

What does the ideal applicant tracking software allow you to do?
Published by Martin Tuner on January 4th 2012 | Software
Organizations have started to make good use of applicant tracking software to identify and pick the ...
 
Points to consider before implementing scrap metal software
Published by Angel on May 11th 2012 | Software
The enthusiast who wants to take his scrap metal business to greater heights ought to implement the ...
 
Protecting your PCs with the filtering software
Published by Erikhornung on May 3rd 2012 | Software
The world we are living in today has no survival without internet. This is the exact reason why it i...
 
Learning School employs administration software
Published by Brandon Munson on December 30th 2011 | Software
The school registration software is easy to use, responsive and flexible. The school and district of...
 
Miami POS software: a new way to look at the selling options in retail stores
Published by Alice Mark on August 6th 2012 | Software
Miami POS software has created ripples in the retail stores, in which this software is used for prop...
 
Go with service management software to gain good business control
Published by Martin Tuner on December 8th 2011 | Software
Providing top notch services to clients is one of the key factors that can determine the success of ...
 
Factors to consider while choosing Time clock software
Published by Hope It Helps on July 30th 2012 | Software
Are you looking out for employee time clock software? If your answer is “Yes” then there are a l...
 
Things to avoid while implementing scrap metal software
Published by Angel on May 18th 2012 | Software
In its efforts to take scrap metal business to greater heights, the metal yard wants to implement th...
 
Features to avoid while picking affordable recycling center software
Published by Angel on April 18th 2012 | Software
In his hunt to track down the best recycling center software, an enthusiast looks into the alluring ...
 
Project management software Software – a Perfect Mixture of Bug Tracking and Issue Management
Published by Maria Getchell on January 10th 2012 | Software
A good project management software is one that not only helps you in tracking and managing your proj...
 
Protect your computer with reliable effective antivirus software
Published by Alexs on February 15th 2012 | Software
Computer security is essential for the prevention and detection of any unauthorized use of your comp...
 
The Advantages of Looking for Free software
Published by Saima Triphor on January 2nd 2012 | Software
Downloading free software to our system, according to the requirement does help us at times. Diagnos...
 
Why should you invest in divorce software?
Published by Ivon Lerdorf on February 7th 2012 | Software
Marriages are made in heaven but the ritual is performed on Earth and has to be forwarded with legal...
 
Use Resource planning software to systemize your business
Published by David Hog on July 19th 2012 | Software
An organization’s growth depends on the strategies and decisions that it incorporates while moving...
 
Ease your recruitment task with recruitment software
Published by Maria Warne on April 9th 2012 | Software
With the recruitment software the whole recruitment process can be made quite easy and quick. This w...
 
Uses of the internet monitoring software
Published by Erikhornung on February 1st 2012 | Software
Companies have to keep track of the activities of their employees, in order, to see their work perfo...
 
Advantages of Offshore software development
Published by Roger Lopez on January 17th 2012 | Software
This article mentions advantages and disadvantages of offshore software development.

...
 
Practice management software is a boon
Published by Jamessms on February 1st 2012 | Software
To manage a clinic or healthcare is very difficult. The patients come with ailments; some require im...
 
Best Ecommerce software solutions
Published by Paul on February 15th 2012 | Software
Ecommerce software solutions include Zen Car, OS Commerce and Magento, among others. These softwares...
 
In 2012, US IT managers are looking to replace their offshore software development providers by nearshore ones.
Published by Yeleny Lopez on January 24th 2012 | Software
We have built customized tools for automating software development phases, maximizing the power leve...