The legal profession is, by all means, a mentally rigorous one. In several countries around the world today, many aspiring legal practitioners have to spend several years combined in tertiary institutions and law schools, learning the nitty-gritty of the profession. However, despite all the years you spend learning the constitution, analyzing, and working on numerous cases, you never really learn much about the business side of it.
This slight lack of information puts you at a bit of a disadvantage because just as it is mentally rigorous, the industry is competitive too. Thankfully, there are ways you can make it easier. With corporate legal software, you can rest assured that, to an extent, your legal business is covered.
What are legal case management software?
Legal case management software is a program that is created to make the business side of the profession a tad easier. Yes, most of the work needs to be done in court. However, everything else before that is equally important. These case management software help to organize and manage various parts of a lawyer/law firm’s legal business. The things they help with include case records, appointments, deadlines, bookkeeping, accounting, schedules, etc. Additionally, and perhaps, most importantly, it helps to ensure compliance with rules and regulations that have been laid down by legal authorities.
In what ways can online software help to manage legal matters?
In more ways than one, these programs have the potential to turn a disheveled, disorganized legal workspace into the epitome of order. We’ve outlined a couple of ways it can do the same for you below.
1. They help you manage information on your clients/cases
For you to be researching legal management software, the chances are that your law firm is already doing pretty well in getting customers and keeping track of them all is getting a bit tedious. There is also the possibility that you are merely expecting this to happen, and it hasn’t happened yet. Regardless of where you stand, the truth remains that record-keeping, despite its importance, can be very tiring. Imagine having a case postponed until about six months after your initial hearing. Then on the D-day, you have to sort through file after file before finding what you need.
Legal management software helps you to eliminate this problem by sorting out the necessary details into one file. At a few clicks of a button, you can get all the information you want or need about a client/case. It is a fundamental feature available on virtually all legal case management software. Its ability to help you save time us one of its most commendable attributes.
2. They help you to keep track of dates, deadlines, and schedules
The grave importance of a deadline absolutely cannot be overstressed, and as a lawyer, we are sure you understand that. Imagine a scenario where you are defending an innocent man and trying to prevent a death sentence. Your team was supposed to prepare materials and get evidence for you to work with, but they missed their deadline. The chances are that you’ll end up losing that case, and the loss of an innocent man’s life would be partly your fault.
With case management software, though, you don’t have to worry too much about this. It ensures your team, and you do things as they should be done and when they ought to be done as well. That way, you never miss a meeting, a briefing, or a deadline. When you forget, the software reminds you promptly.
3. They efficiently take care of your accounting
As with every other business in the world, accounting is an aspect of the legal profession that you cannot take for granted. Winning cases is very rewarding. However, nobody ever filled their belly with “a sense of personal satisfaction.”
Another great way legal software helps you to manage your cases is by taking care of the accounting aspect. With a few button clicks, you can do justice to the fees you charge for your case and your invoice as well. It does not end there as you also can keep efficient records of your bills, received payments, outstanding balance, etc.
With features such as disbursements, installments, time billing, etc. legal software is truly the way to go.
4. They keep proper records of the time
Some legal personnel charge their clients based on the amount of time they spend with them. As such, keeping to time is extremely important for both the client and the lawyer. To ensure that neither of the two parties during a consultation period is cheated, legal management software keeps track of how much time you have spent with a client. Employing the data/figures you provide, it then goes ahead to calculate how much you should charge the person after consultation.
One of the things that make them unique is how they don’t just record time, but help you set and order your rates. You can create different rate options for paralegals, solicitors, legal aids, etc.
5. They provide financial and business reports
You need to know how your business is doing at any given time/turn. Going in blind will leave you making poor business decisions and losing money in the long run. However, keeping track of all that is necessary all by yourself will take away valuable time you can spend on something else.
With legal case management software, you can get detailed business reports in real-time. Among other things, they let you see the amount of legal work that is yet undone, the case status, and its outcomes. These reports that show you how your business is faring are very simple to read. You wouldn’t have to spend several hours racking your head to figure out what one point or the other means on the graph. Additionally, with legal case management software, you can get relevant financial information such as your unpaid invoices, returns on your VAT, unpaid disbursements, etc.
Being a legal practitioner comes with its own challenges. Asides the intense pressure of trying to prove your worth in court, among others, you need to run your business properly. This doesn’t have to be such a herculean task. With the right legal management software, you can ease into the job and not have to worry too much.