How Conferencing Features
Help Lawyers Monetize Their Time
Today’s technology offers lawyers many options for communicating with their clients, witnesses, partners, and other stakeholders. Leveraging the right conferencing solution is crucial for streamlining various tasks need to move your cases forward. However, even if your firm uses conferencing today…are you making the most of it?
With an audio conferencing provider like Connex Intl, you have access to tools and features that can do more than just connect you with others. Our solutions can help you account for costs, maximize your billable hours, and improve your overall efficiency.
Next, keep reading for tips on how to monetize your time within your law practice.
1. Don’t Lose Time
Did you know according to the American Bar Association, billing research shows 24 minutes of every hour is never billed by the working attorney. In an average nine-hour day, that equates to 3.6 hours, which is about 40 percent of your time.
There are a variety of factors contributing to these gaps. First, it can be difficult to track your time and assign it to the appropriate cases for billing. It’s one more thing you need to take care of during an already busy day. Therefore, billing codes can be an asset to account for your time on the phone.
By using billing codes for meetings, you can accurately track services you’ve provided and link them to the appropriate client. This feature allows you to automatically assign that time, and streamline the invoicing process for both you and your clients.
Your time spent on the phone can be hard to bill for and track. But, with the right information at your fingertips, that challenge virtually disappears.
2. Don’t Waste Time
Much of your day-to-day as an attorney involves conversing with people outside of the office. As a result, today’s meeting technology is an effective method to have important discussions. These discussions can be convenient, efficient, and affordable.
However, convenience aside, conferencing offers another big benefit for law firms: providing accurate and comprehensive records of your calls. Today’s technology features the ability to record, retrieve, and archive your entire meeting. Those detailed records are great for post-conference review, creation of specific action items, and sharing important information with parties who were unable to attend the live discussion.
Additionally, transcripts and conference summary reports can be delivered automatically via email. Meaning you can get those need-to-know details into other people’s hands—without needing to invest additional work into meeting minutes or a lengthy email draft.
3. Focus on What Matters
In conclusion, today’s conferencing technology empowers lawyers to focus on consulting with their clients—not counting billable minutes or maintaining call records.
Similarly, when selecting a conferencing provider, look for a dedicated service team that has the flexibility to accommodate your specific requirements.