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Calculate the cost and then say you are saving

by Irayya M
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Law practice is a tricky business. Hence every Lawyer has his definite way of Law business. But the one who lags behind are usually the ones tries to be the center of every wing of their Law firms. The construct a centralized structure where the are involved in business development, financials, recruiting, and a lot other and ultimately neglect their Law Practice, which ideally should be their prime focus. These individuals do not even spare for the IT infrastructure and try to handle things manually. They take pride in doing things themselves and saving the cost.
The problem is that the hidden costs of taking care of everything yourself for your firm far outweigh the perceived benefits. In most cases, it’s costing your firm tens of thousands of dollars per year. Most people calculate the perceived savings by simply looking at their P&L and seeing close to nothing on the alternative cost of time. This simplistic way overlooks the soft costs which quickly eclipse the cost of paying for miscellaneous jobs.


On analyzing

  • the time spent on wearing all the back office admin work,
  • the issues in the shadows and their impact on firm productivity,
  • Being a jack of management and ignorance to be a master and Law Practice and
  • finally the far-reaching impact of time spent (or not spent) on the highest ROI activities for the firm.

It comes clear that it’s not saving but losing, and in addition to that, disturbing work-life balance.
Hence it is business-critical to adopt the right technology which can heave of such ancillary activities and which lets you do what you are meant to do, and that’s Practicing Law.