The in-house teams of law firms are known to work day and night on their assigned cases, and even then, the work is just finished before the last minute. The lawyers go through a lot of trouble to fix and place everything in order before the deadline, which takes a toll on their health. Moreover, even if the in-house team can control the files/docs, billing system, clients’ contacts, etc., a few mistakes and omissions are expected. And to avoid all these ruckuses, the firms have started using Practice Management Software (PM Software) for better coordination between the team and adequately updating and sharing case details.
You might be wondering what PM software is and why lawyers use it so much
- 1 You might be wondering what PM software is and why lawyers use it so much
- 2 Let’s see the benefits of this practice management solution/software:
- 3 Case management
- 4 Contract lifecycle management
- 5 Legal document management
- 6 Financial management and tracking of bills
- 7 Syncing schedules and managing appointments
- 8 Better security
- 9 On-the-go facility
PM software is a practice management solution that eases the research and collaboration among the in-house members. In addition, the software solution helps the legal team to organise everything and the ability to retrieve anything they want within a few seconds.
Let’s see the benefits of this practice management solution/software:
This software lets the team go through case management by tracking the current status of cases. It also creates a database to prevent conflict of interest among the team and clients.
Anyone logged in to the software can check the case’s progress and inform the client of the details.
Contract lifecycle management
The Practice Management Software helps the lawyers keep the clients’ contact information in proper arrangement. The details of their case and progress will be linked to it (as mentioned in the previous point). It gives the firm a centralised database for contact information. The staff will have a ready-to-use database for looking up and facilitating the management of the docs of each contact.
Legal document management
This software gives a centralised repository for the files/docs of the clients. When the files are correctly arranged, there is a lesser chance of losing these files. This feature also reduces the time the staff spend searching a particular file from the cupboard.
Financial management and tracking of bills
Monitoring the activities during the case is necessary, so is communicating with the client, and every law firm knows this point. The Practice Management Software usually offers to track bills, which is great for overseeing client matters, time-sheets, receivables, costs, reports, etc. This feature is good for recording billable time hourly, contingent, and transactional.
Syncing schedules and managing appointments
The software has the built-in feature of syncing the firm’s schedule through a calendar that’s shareable with staff. This feature will help the staff sync appointments and time entries with the client’s schedule.
The practice management solution also ensures the security of the files and docs of the team/clients. The software has multiple levels of security that helps the staff control who can read, delete, access, and edit the docs. Encryption of the data is the best way to protect it.
Most software has a cloud facility, which is great for individual access using any device. The client can always save their case files. The client can also upload crucial files to the cloud. This also reduces the time of sending the information via post or direct delivery.
These are the benefits of using the practice management solution in your organisation. If you wish to have a good repository of your case files and schedule everything easily, you can get this software.
Alison Lurie is a farmer of words in the field of creativity. She is an experienced independent content writer with a demonstrated history of working in the writing and editing industry. She is a multi-niche content chef who loves cooking new things.