![]() The burden of converting those timeslips into invoices often meant lawyers were slow to send them out, and therefore slow to get paid.Time and billing software streamlines both parts of that process: keeping time and then billing for that time. In the rush of a day, lawyers often failed to record time, meaning lost revenue. Lawyers kept records of their time – traditionally in six-minute increments – on paper, then clerks compiled all those time records into paper invoices, which they would then send by traditional mail. ![]() There was a time when this was all done manually. That means that, in order to get paid, lawyers must track the time they spend on their legal work and then regularly bill clients for that work. Why should lawyers use time and billing software?Ībraham Lincoln famously said, “A lawyer’s time and advice are his stock in trade.” Although it is becoming increasingly common for lawyers to offer flat fees or subscription fees, most lawyers still bill their time by the hour. Time and billing products may be standalone or included as part of a practice management or accounting suite.
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