Practical Tips for a More Efficient Law Firm
Efficiency is key in the legal field.
After all, this allows you to manage your growing caseload and client expectations with ease, while also ensuring you’re building a name for your firm. In short, it allows you to take your firm to the next level.
With that in mind, here are some practical tips that you can follow to run a more efficient law firm.
Embrace legal tech. Embracing legal tools and technology is perhaps the easiest way to ensure that your entire legal team is working as efficiently as possible. For example, you could start by ensuring that client documents and case reports are stored both securely and digitally, so that their lawyer can quickly access them when necessary. You may also want to provide clients with access to these files, as “client satisfaction rates can increase by up to 30% when law firms provide 24/7 access to case files through secure client portals.”
In addition to this, you may want to adopt non-industry-specific software that could help with day-to-day tasks. For example, this could include software that automatically takes notes during calls, so that paralegals can refer back to what they said at a later date. This can be particularly important in lengthy and complicated meetings, where they don’t want to spend the entire time typing away at their computer.
While investing in new technology can be expensive, it will help improve your profitability in the long-run.
Hire an administrative assistant. Hiring administrative staff can also help ensure your firm runs as smoothly as possible. After all, they can take care of your busy phone line and incoming emails, ensuring that clients get the answers they need, when they need them. This, in turn, lowers the burden faced by your legal team, many of whom waste hours a day on these non-billable tasks. In addition to this, having administrative staff working within your firm will help you to appear both more professional and trustworthy.
Maintain strong communication channels. Effective communication is key to your success as a law firm, which is why maintaining strong communication channels is essential every single day. For example, if your team are working from home, you should invest in video conferencing tools and instant messaging software that ensures that they stay in the loop.
Work alongside FinOp Group. Outsourcing tasks such as bookkeeping, tax planning and payroll management to FinOp Group will help your firm thrive in other areas. This is because the onus of carrying out these tasks no longer falls onto your team, who may not have any accounting experience whatsoever. This means that they are then able to turn their attention to the tasks that really matter, whether they are prepping to represent a client in court or to simply discuss their options with them in more detail.
If you’d like to find out more about our accounting services, please do not hesitate to get in touch today. We’d be happy to answer any questions that you may have.
