Law Offices of William Cafaro

Law Offices of William Cafaro

Law office of Bonnie Lawston

Web Perseverance - Web Development, Internet Marketing, SEO, Graphic Design

Criminal Defense Lawyer NYC

Law office of Bonnie Lawston

Law Offices of William Cafaro

Free Educational Legal Practice Management Webinars – Register Now!

practice management software

Everything you need to run a small law firm

Join us for one of our free legal practice management webinars in September.

9/14/2016, 9/22/2016  1 p.m. EDT How to Run a Successful Real Estate Closing PracticeGet webinar details and register.
9/15/2016, 9/21/2016  1 p.m. EDT How to Run a Successful Family Law PracticeGet webinar details and register.
9/27/2016 1 p.m. EDT – How Your Small Law Firm Can Save Time and Make More MoneyGet webinar details and register.

For more information, please visit our website or call 844-702-LEAP.

 

Tips to Make Legal Billing Easy

practice management software

Everything you need to run a small law firm

Five Ways to Make Legal Billing Easy

Inadequate legal software can make day-to-day tasks such as billing, mundane and difficult. But with a good legal practice management system, billing can be painless. Here are a few tips to make legal billing easy.

  1. Set realistic client expectations
    Set a cost agreement with each client so both parties know what to expect once you start working on their matter. Also, remind clients that unpredictable costs do occur. Preparation and warning is always better than conflict and dispute.
  2. Bill as you go
    Don’t wait until the end of the month or until the end of matter to bill your clients. Billing as you go will make things easier for you and the client! Smaller bill amounts are more affordable and clients can budget for them.
  3. Offer multiple payment options
    In this day and age, all your bills can be paid online. The same should be the case when your clients pay you for your services. Offering clients multiple ways to pay such as online or by check will make things easy and help you get paid faster.
  4. Stop chasing debt
    Time is money. Instead of focusing your valuable time chasing clients who haven’t paid, focus on billable tasks. To do this, ask for a trust deposit when appropriate or suspend service to clients who won’t pay.
  5.  Use technology to get paid
    Using good practice management software that will provide you with detailed and useful reports and alerts will help you to keep on top of debtors and allow you to bill more easily and more often.

Making simple adjustments like the five examples above can help to accelerate your cash flow and reduce your working capital requirements.

To learn more about how to make legal billing easy, please visit www.leap.us.

Practice Management Software for Solo and Small Law Firms

Practice management software for small and solo law firms

Everything you need to run a small law firm.

Want to increase the efficiency and flexibility of your law firm’s practice management and make more money?  LEAP has the solution.

With LEAP cloud legal software, everyone in a solo or small law firm can work naturally using a single integrated system and enable you to get more work done with the same number of people.

LEAP Productivity Tools

LEAP practice management software is a completely integrated legal practice management and accounting solution. Productivity tools include automated document production, time recording, billing and legal and trust accounting.

Find Out More About LEAP

Watch video. Visit the website and request a free demonstration today.

How Technology Is Shaping Real Estate Closings under TRID

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With the TILA-RESPA Integrated Disclosures (TRID) Rule effective October 3, 2015, never has it been more crucial for lenders to supply accurate data, rates and fees upfront. TRID leaves no margin for error; charges and fees that fell under RESPA’s 10% tolerance category are now in the “zero-tolerance” category. Read more>> How Technology Is Shaping Real Estate Closings under TRID

TRID Compliance – Using the Old HUD and New Closing Disclosure Forms Simultaneously

The neEasy Soft Logow Consumer Finance Protection Bureau (CFPB) TILA-RESPA Integrated Disclosure (TRID) regulations have caused frenzy in the mortgage industry, but it’s not over yet.

One of the biggest and most confusing changes under TRID are coming on October 3, 2015, the date lenders and real estate settlement agents must start using two new forms: the Loan Estimate (LE) and the Closing Disclosure Form (CDF). In some situations, the new forms will replace old forms by combining the overlapping data requirements of four of the current Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) forms into just two forms. Read more>> TRID-Compliance-Using-the-Old-HUD-Forms-and-New-Closing-Disclosure-Forms…

 

Real Estate Closing Security and Privacy

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Understandably, real estate settlement attorneys are wary of the new TRID compliance rules that require the electronic submission of data. Given the types and amount of private and financial data contained in real estate closing documents, data security and privacy are of major concern.

To design EasyCDF, 2015 TILA-RESPA compliant real estate closing software and ensure the strongest protections are in place, Easy Soft worked with the Mortgage Industry Standards Maintenance Organization (MISMO).  Read more: Easy-Soft-Addresses-Real-Estate-Closing-Software-Security-and-Privacy-Concerns