We know. You went to school for years, and boast a doctorate behind your name. You contextualize eloquently, and your logic is more or less unflawed.
We know. You went to school for years, and boast a
doctorate behind your name. You contextualize eloquently, and your logic is
more or less unflawed.
But when it comes down to it, how is the law really
different from other professional practices?
Well, let's see. You advise clients. So do doctors
and accountants.
Second, you collect a retainer, and bill your
client according to a pre-arranged plan. Consultants do this, too, as do many
technologists.
Third, your brain is your biggest tool—followed
closely by your legal software. We can't list all
the professions that can say this.
Fourth, you deal with forms and other paperwork on
your clients' behalf. Yeah…you have our sympathy there (as do CPAs).
But wait. Let's look closer at the second factor. A
legal retainer is different from other
professions, in the sense that the money doesn't belong to you—unless you earn
the money.
Until then, you're just a bailee.
If you're still using generic software to track
your invoicing and payments, then you're not leveraging technology to your
advantage. And you're probably running the risk of violating a principle that
your state bar takes veeeery seriously.
Here at Easy Soft, our legal
billing software -Easy TimeBill-is married to our
trust
accounting software -Easy Trust. What's a huge effort
to some attorneys becomes effortless to our clients.
To be clear: attorney billing
software without escrow account software
is like watching half a movie. It's like using a spreadsheet program that
doesn't scale. At all. You're only looking at one portion of your
accounting—and neglecting what's ethically crucial.
In comes Easy Soft. You collect your retainer, earn
it, transfer it from one account (trust or escrow) to the other (operating).
Easy TimeBill and Easy Trust track everything—and make sure you're on the up
and up. It reconciles your accounts, too.
Easy? You bet. Is there any alternative? We don't think
so.
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| About the author |
Easy Soft specializes in helping law firms automate their processes with leagl software. Easy Soft has automated software solutions for virtually every practice area, from case management, document assembly and time & billing, to law office management software. |
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