Do you find your manual time tracking method effective for your law firm?
Writing down tasks and noting the time taken is positive as long as the number of tasks and area of operation are smaller. But as a lawyer, there are many small as well as huge tasks to be performed and completed. But it’s not always a good option to note down your time to calculate billable hours. Sometimes clients raise questions on paperwork and billable hours. That’s where the online time tracking software takes its position.
Automation is not a replacement, but a helping solution to cover the loss and manage the remote working hassle-free. But how to drive profit in less time?
Time is the most essential element while calculating a lawyer’s compensation. Billing reports are essential for getting paid by your client. Clients are experiencing new changes and expect the same from your service. Utilize time automation and let the computer figure out the billable hours for you.
We will shed light on some of the core advantages time tracking technology offers to a law firm and what are the finest features that a good time tracking software should have.
Benefits of a time tracking software
A good time tracking software helps you seamlessly run your law practice without any additional trouble or cost. There are many advantages that time tracking software offers.
- Time-Saving
Many lawyers are confused when it comes to time management. As a lawyer, there are many clients to be worked for, many cases to be managed, many tasks to be executed, and many more. But are the right tasks getting the right time?
Not always, the core activity is getting the correct time and effort. It’s where the time tracking solution plays its game. It helps you in making the best of your time and further assists you in analyzing the time break and the time spent on different tasks in a day.
- Cost-Effective
Many law firms hire professionals to manage their time tracking element daily. A lot of commission is charged and salaries are paid to these professionals. But opting for a more long-lasting and growth-driven solution is what makes a difference in a law firm.
Time tracking solution is one of the best options that allows lawyers to track their time without investing much in the software. It helps in profiting a good ROI to the law firms by recording every activity done in a day.
- Improved Efficiency
A time tracking software not only records time but also tells you about how much a lawyer is spending time on different work. It makes you know about both billable and nonbillable hours of your day.
For a law firm to grow, it’s important to improve the billable hours of lawyers. An accurate decision is seen with a cloud-based time report. Often, lawyers spend more time on non-administrative tasks like marketing than on core work.
- Streamlined Billing
What is the most important element needed to process billing accurately?
Time is one of the most needed tools to be there to present a correct billing report to your clients. Without billable hours, it’s tedious to make an effective billing report. A good billing invoice results in quick payments and leads to more client satisfaction. Modern solutions like a legal billing software provides the ultimate help of smooth billing from anywhere.
- Accurate Time Recording
Earlier traditional methods were more troublesome as a lawyer used to maintain logs of paper to note down the time taken in individual tasks. But with the new time tracking solution, tracking accurate time became simpler and easier. Many software allows desk time timers installed in their software to track all the activities of a day and further generate reports for the same.
Features that make time tracking software worth investing in
Choosing is never easy if it comes with many choices. Time tracking softwares are in huge numbers, but not every solution is worth investing in. Some features make the time tracking software different from others in the legal market today.
- Track both billable and non-billable hours
The most noticeable and important feature to look into in a time tracking solution is the tracking ability of the software. Some softwares allows only billable hour reports but on the other hand, other softwares like CaseFox law firm billing software provides both billable and non-billable hours report.
Not only does this helps in proper time tracking, but also results in good decision making. Research and pick the best solution for your law practice.
- Desktop Timer
Time tracking software’s main domain is to deal with billable hours, but with growing digitalization, advancements are quite necessary for both clients and lawyers. Much of the top growing time tracking software provides features like a desktop timer to track every single minute of work done by the staff. It helps in analyzing time spent per task as well as time spent on non-administrative work.
- Hassle-free PDF Conversion
Many times, time entries are noted down but are not accessible from anywhere anytime. Choose a time tracking software that offers tools like easy file conversion into PDF format so that your case invoice is never incomplete. Access it anytime and convert them anytime into PDF or Excel.
- Helpful Integrations
A perfect time tracking solution is the one that gives you add-ons which makes your time tracking more worthwhile and effective. Integrations like LEDES invoicing, UTBMS codes are something big software like CaseFox offers its users. Track your time and have a systematic flow of the same with LEDES and UTBMS applications.
Conclusion
Time tracking is one of the most important elements that lead to higher profits in a law firm. Without accurate time tracking, it’s impossible to calculate billable hours and to get lawyers paid for their actual work. Nowadays, law firms are opting for smart solutions to track their time and make decisions effectively without any error or trouble. Make the best use of your time and get smarter with one-in-hand time tracking software. Stay anywhere and work smoothly without any hurdle. Track your progress and satisfy your client’s by updating them with all the information and time reports from anywhere.
