Billing by the hour means that your supply of “product” is limited by the clock and calendar.
Review the resources below to build a profitable practice.
Time, Billing and Accounting
Record your billable events as the occur, promptly send invoices to client, and get paid for your work faster.
Trust accounting is a major potential pitfall for legal organizations. Treat it right and follow your ethical and legal obligations.
Productivity and Reporting
The biggest advantage of timely and accurately recording your activities, beyond easy invoicing and prompt payment, is that you amass a wealth of information that you can analyze to see how well your organization is functioning as a profit-making entity. Can your accounting program produce useful reports to make the right business decisions?
New Jersey Institute for Continuing Legal Education
For over 50 years, the New Jersey Institute for Continuing Legal Education, a division of the NJSBA, has served the needs of the New Jersey bench and bar. From presenting over 300 live seminars and printing dozens of legal manuals each year to publishing hundreds of CLE On-Demand videos and other educational tools, our products are specifically designed to provide the latest strategies, expert advice and guidance to practitioners at every stage of their career. Find out more here.