Best Electronic Gadgets For Lawyers?

MONEY, MONEY, MONEY! The most important thing for your law practice is to have enough money. You need to be able to pay all of your bills even if you are out of work. A good rule-of-thumb is that the average lawyer needs about $200 per week or $3,000 per month simply for living expenses. I’ve seen firms with less than this take a very long time to make ends meet and go broke. If you don’t have enough income coming in from fees right now, you will not be able to afford any new technology investments necessary for success without making some immediate adjustments in your billing system or taking on more clients or risk going under before you can find more clients who can help fund the technology investment costs.

The Money System

Most lawyers have never had an interest in keeping track of money because it doesn’t seem relevant when they are working on cases every day and focused only on getting paid as soon as possible so they can pay their mortgage payments and buy groceries at least once a week. But maintaining proper records of income is an absolute necessity if you want to maintain control over how much money comes into your business both directly through client billings (and whether those payments actually get received by creditors) and indirectly through contracts like contingent fee agreements where payment schedules depend upon successful completion of defined tasks within certain guidelines set forth by client contract documents—such as successfully negotiating settlement terms with

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