Bill4Time

Legal time tracking software is typically how lawyers calculate their billable hours and keep track of everything. According to the American Bar Association, nearly 9 out of 10 firms were already using time tracking software by 2021, and for multiple reasons.

When you became a lawyer, you probably didn’t realize how much time you’d spend on billing and other administrative work.  While billing can be time-consuming, it’s your processes that determine how much of your non-billable time is allocated towards it. 

Like any business, law firms provide services with the expectation of being paid at the time the work is finished. Unfortunately, the average law firm only collects about 85% of invoiced amounts, which can add up to tens of thousands of dollars in lost revenue.

Time is of the essence for law firms. Not only is accurate timekeeping vital for record-keeping and tracking billable hours, but wasting time on manual tasks and following archaic processes distracts from what’s important: practicing law and growing your practice.