Today's issue of TechnoLawyer NewsWire covers a practice management system (see article below), billing software for BlackBerrys, and three holiday time wasters. Don't miss the next issue.
What's in Your Law Firm's Wallet?
By Neil J. Squillante
Law firms should always have a good understanding of their business, but it's especially important nowadays. Enter the practice management dashboard. It shows you how much clients owe you, how long it takes them to pay you, the status of your open cases, who's working hard and who's slacking off, etc. While some law firms can access this information in various places, few can do so in one place.
Virtual Bottomline Firm Management Solutions ... in One Sentence
Virtual Bottomline Systems' Virtual Bottomline Firm Management Solutions is a practice management solution that includes an accounting and billing system, a contact and case management system, a document management system, document drafting tools, and network faxing.
The Killer Feature
A holy grail is something cherished but unattainable. Like a winning lottery ticket. Or better yet painless billing for disbursements.
Virtual Bottomline Firm Management Solutions can transform this pipe dream into reality thanks to its intelligent disbursements technology.
For example, whenever you print or fax a document, receive a fax, print postage or an overnight courier label, or scan a document, Virtual Bottomline Firm Management Solutions asks you if you would like to bill that disbursement to the client. One click and you're done.
Other Notable Features
Virtual Bottomline Firm Management Solutions can also handle your hourly billing no matter how complex. For example, it handles fee splitting, includes timers, enables you to apply rates by both timekeeper and task, and much more.
Virtual Bottomline Firm Management Solutions also features trust accounting, including automated deposit slips, check production and control, and reconciliation and statements.
You'll also find everything at your fingertips because of the automation and linking technologies. For example, you can create templates for documents you frequently draft. When you create a document, it's automatically filed in the matter. If you email it to a client, the email message is also filed in that matter. Etc.
Other features include network contact management, network faxing, customizable reports, conflicts checking, and much more.
What Else Should You Know?
Virtual Bottomline Firm Management Solutions sells for $699, but is currently on sale for $349, including the network fax option. It runs on Windows. The company offers remote installation and training. Learn more about Virtual Bottomline Firm Management Solutions.
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