Time tracking may not be the sexiest part of managing your law firm, but it is an essential area of focus if you want to maximize your revenue. That’s the basis of our first LexiconLIVE! Webinar—“Unlocking Your Revenue Potential Through Timekeeping.” Hosted by Lexicon CEO Scott Brennan and CFO Tom Boster, LexiconLIVE! explored write-offs and write-downs, pertaining to fixed-fee matters, as well as how the Lexicon’s legal practice management software can assist in how billable time is documented.
Need to be convinced? Here are some numbers that might get your attention. Let’s assume your hourly rate is $300. If you under-report just ten minutes per day, that can be a loss to your firm of around $50 a day, and, wait for it…$12,000 a year. And assuming you have multiple attorneys in your firm, you could be losing much more than that. If that gives you a sick feeling in the pit of your stomach, you owe it to yourself to watch this webinar and see how you can keep more of your hard-earned dollars.
It’s also about more than just money. LexiconLIVE! highlights the importance of time tracking and how the utilization of technology in the time tracking process can lead to more accurate notes for the clients, increased value for the services of attorneys and administrative assistants, better business decisions and more satisfied clients.
Watch November’s webinar here and learn how you can easily start unlocking more revenue today!
Visit our webinar page to find out more information on our LexiconLIVE! Webinar Series and to sign up for future sessions.