5 Ways Legal Support Services Can Improve Practice Profitability
Running a law practice isn’t as straightforward as it used to be. In addition to managing their clients and their caseload, today’s lawyers must also handle the demands and challenges of running a business. To stay profitable, law firms must manage their practice like any other business, with an eye toward cutting costs and maximizing profits.
It’s a daunting task, especially when your days are filled with client meetings, phone calls, emails, and court appearances.
Fortunately, there are tools to help. Legal support services are one way lawyers can control costs and free up their most valuable asset: time.
1. Reduce the Burden of Hiring and Managing Staff
As the old saying goes, good help is hard to find. The more time you spend identifying candidates, reviewing resumes, and managing employees, the less time you have to devote to billable hours.
Legal support services take care of much of the legwork involved in running your practice. A legal support company can handle many of the tasks ordinarily delegated to support staff, including executing service of process, document retrieval, electronic court filings, generating subpoenas, court filings, and more – all without an employee to supervise and support.
2. Increase Your Billable Hours
Perhaps more than any other profession, law practice truly embodies the phrase: “time is money.” When you’re not billing, you’re not earning – or at least not maximizing the value of your time. Administrative tasks are the backbone of any law practice, but they are simply not that profitable. Streamlining these necessary but low-earning tasks with legal support services can boost your billable hours and generate more cash flow for your practice.
3. Help You Meet Deadlines
Missed deadlines can hurt your reputation, cost you money, and damage relationships with clients, judges, and court administrators. When work starts piling up, it’s easy to overlook a critical deadline. In other cases, lawyers must use personal time to take care of administrative tasks, such as pursuing collections and filing new cases. This might get the job done, but it can result in a diminished quality of life, which often leads to burnout. You can avoid these problems by using legal support services that keep you on track and on schedule. More importantly, effective legal support allows you to keep a firm division between work and the rest of your life.
4. Improve Client Retention
Most clients want to be treated as if their case is your only case. When you’re busy juggling the various tasks that come with running a law practice, you don’t always have time to invest in the little details that go a long way toward giving your clients the peace of mind they’re looking for. Legal support services keep you organized, on time, and on task.
5. Enhance Organization
If you’re tripping over boxes of old case files every time you leave your desk, it’s probably time to consider an alternative to traditional paper storage. Even if you’re not quite ready to make the jump to an entirely paperless office, online document storage can completely transform the way you run your practice and handle your cases.
Most lawyers have experienced the frustration of rooting through box after box of old client files in search of a years-old document. With a digital system, finding a document is as simple as entering a search term and clicking a button. Even better, you can access your files from just about anywhere. If you have a computer and an internet connection, your well-organized law office is literally at your fingertips.
If you’re ready to learn more about what legal support services can do for you and your law practice, call Nationwide Legal today. We serve law firms throughout the United States. Let’s talk about what we can do for yours.