The Key to Strategic Growth: Understanding Financial Intelligence in Law Firms
In today’s rapidly changing legal market, staying competitive requires more than great legal skills—it demands data-driven decision-making. This is where financial intelligence plays a crucial role. Read more…
Read MoreUsing Financial Intelligence to Optimize Law Firm Profitability
For law firms, profitability isn’t just about billing more hours—it’s about understanding where your firm’s financial health truly lies and how to maximize it. That’s where financial intelligence comes into play. In this post, we’ll explore how financial data can be used to enhance profitability, track key metrics, and optimize performance at every level.
Read MoreCorporate Counsel Preferences Favor Midsize Firms: Key Insights from Leopard Solutions’ Survey
Explore key findings from Leopard Solutions’ 2024 Corporate Counsel Survey. Learn how midsize law firms can leverage the advantages they hold in the legal industry.
Read MoreOperational Efficiency in Law Firms: Why it Matters
Law firms often face operational efficiency challenges due to inefficient workflows, outdated technology, and the changing demands of client and regulatory requirements. These issues can lead to duplicated efforts, communication gaps, and increased costs, impacting your firm’s profitability and client service.
Read MoreNavigating Year-End Accounting Challenges for Law Firms
Law firms face a unique set of accounting challenges. From reconciling accounts to preparing for tax season and managing client trust accounts, the final months of the year can be particularly hectic. For law firms, ensuring the accuracy of their financial data is essential not only for compliance but also for strategic planning, forecasting, and client service. Leveraging practice and financial management software can provide much-needed support during this time, offering efficiency, accuracy, and real-time insights. Keep reading to explore common year-end accounting challenges and how the right tools can help law firms overcome them.
Read MoreExploring the Benefits of Software Integrations for Law Firms
Improve efficiency and stay competitive with software integrations for your law firm. Find out when to choose all-in-one systems or specialized tools for optimal results.
Read More2024 Legal Market Trends: Prioritizing Efficiency and Profitability
We are pleased to share insights from Leopard Solutions’ mid-year report on 2024 legal market trends. Law firms are focusing on efficiency and profitability while facing challenges in diverse associate hiring.
Read MoreAddressing Recruitment Challenges in Law Firms
Insights on addressing recruitment challenges for small and mid-size firms. Read on to learn how firms can enhance their recruitment efforts using innovative strategies and technologies. I
Read MoreBoosting Productivity and Innovation: Key Takeaways from “Rethinking ROI in Legal Tech”
The legal industry is evolving rapidly, and technology plays a crucial role in this transformation. During our recent webinar, “Rethinking ROI in Legal Tech,” legal tech expert Laura Kennedy, partner and co-founder, from Circle Management Group, provided valuable insights into how law firms can leverage technology and improve their return on investment (ROI).
Read MoreEmpowering Growth, Efficiency and Performance
BACKGROUND As one law firm grew, so did inefficiencies and frustration with its practice management solution, Centerbase. Slow performance, unreliable reporting, and unresponsive support led the firm to look for a solution it could count on to keep things running smoothly. The firm found what it was looking for with SurePoint’s Legal Management System (LMS).…
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