What is legal billing and accounting software?
Legal billing and accounting software is designed to help law firms manage routine billing, invoicing, and accounting tasks. It ensures accurate time tracking, expense management, and compliance with legal regulations while streamlining financial workflows.
How does legal billing software work?
Legal billing software allows lawyers to track billable hours, generate invoices, and record payments. It automates routine financial tasks such as calculating fees, applying discounts, and generating reports, which helps improve billing accuracy and operational efficiency.
How does Lawsyst's legal billing software handle time tracking?
Lawsyst has built-in time tracking features that allow attorneys to record billable hours automatically or manually as they work. Our software can then generate accurate invoices based on the time spent on each case.
Can I set different billing rates for different clients or cases?
Yes, our billing solution allows lawyers to set customisable billing rates for different clients, cases, or types of legal work, ensuring flexibility and accuracy in your invoicing process. It is suitable for both private and Legal Aid billing.
Is your legal billing software secure?
Yes, our legal billing software platform adheres to stringent security protocols and complies with privacy regulations, such as GDPR, to help protect sensitive financial and client information.
Does Lawsyst's legal billing software handle trust accounts?
Yes, Lawsyst includes features for managing client trust accounts, ensuring compliance with regulatory requirements. Our legal billing software tracks deposits and withdrawals and ensures that funds are properly allocated to client matters.
How does Lawsyst handle multiple payment methods?
Our legal billing software supports a variety of payment methods, including credit/debit cards, bank transfers, and other online payment types, allowing clients to pay invoices in the way that’s most convenient for them.
How does your legal billing software simplify compliance and reporting?
Lawsyst generates detailed financial reports, including income statements, balance sheets, and timekeeping reports, which can be used for tax filing and ensuring compliance with legal industry standards.
Can I track overdue payments with your legal billing software?
Yes, Lawsyst tracks the status of payments, notifies you of outstanding invoices, and can automatically send reminders or overdue notices to clients, helping ensure that payments are received on time.
Is it difficult to transition to legal billing software from manual billing?
Transitioning to legal billing software from manual billing is straightforward, and we can help you transfer existing data. The benefits of automation and accuracy often make the move online worthwhile.
Is legal billing software offered as part of your practice management system?
Yes. Our legal billing software is included in our case management system as standard, making it easier for you to keep every element of your cases connected and bill for time more accurately.
Can I generate custom invoices with legal billing software?
Yes, our software allows you to produce custom invoice templates that fit your firm’s branding, including adding logos, adjusting layout, and setting specific payment terms to create professional, client-friendly invoices.