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How-To-Overcome-Solo-And-Small-Practice-Management-Challenges

Tech Tip #37: How to Overcome Solo & Small Practice Management Challenges

For Canadian lawyers who decide to run their own firm, practice management is a critical factor in their eventual success or failure. Effectively managing a law firm requires an understanding of how different areas of the business are connected and work together. Otherwise, you run the risk of losing decisions in the courtroom, losing revenue, and even falling out of compliance with some of the stringent regulations Canadian firms face.

The practice management areas that you should pay attention to include:

  • Legal Time & Billing
  • Business Accounting
  • Trust Accounting
  • Events & Tasks
  • Documents & Email

Learn more about these five major practice management challenges and how to overcome them.

CosmoLex Team

CosmoLex is a leading legal practice management solution that is trusted by thousands of law firms across North America. CosmoLex is a single solution that lets solo legal professionals & small law firms manage their practice, billing, AND accounting all in one login, on any device, at any time. CosmoLex users can eliminate the need to maintain multiple programs because CosmoLex does it all -- including time & expense tracking, billing, business accounting, trust (IOLTA) accounting, calendaring, task, email & document management, even secure client communications -- in one web-based application.