Time flies, especially in a busy law firm where every minute is spent on client consultations, drafting legal documents, court appearances, case research—and yes, the occasional YouTube video during break.  

But tracking and managing that time often slips through the cracks during the daily hustle. 

In an environment where billable hours are the lifeblood of your practice, how do you ensure you don’t lose those valuable minutes? The key isn’t just to keep track of your time.  

It’s understanding the art of maximizing every tick of the clock. 

Rocket Matter’s Time Tracking Essentials is the modern solution for this age-old dilemma. Let’s uncover how this revolutionary time-tracking software transforms the way law firms manage time and boost productivity, profitability, and growth. 

Understanding Rocket Matter’s time tracking essentials: A comprehensive overview  

Every second translates into billable potential in the legal industry, so efficient time management is essential for success. Rocket Matter’s Time Tracking Essentials offers an intelligent design and intuitive functionality that turns time into a resource that’s maximized for the betterment of your practice.  

Essential pricing: Pay only what you need as you need it 

Rocket Matter’s essential pricing is the perfect fit for the budget-conscious yet ambitious law firm. Tailored to solo, small, and medium-sized practices, this pricing model lets you only pay for what you need. It’s practical, economical and straightforward. 

You gain access to crucial time-tracking features without the overhead of unnecessary extras. This includes: 

  • Accurate time and expense tracking 
  • Multiple timers 
  • Custom fields 
  • Software integrations 
  • Basic reporting 

These tools empower your law firm with the right tools to enhance efficiency and drive results. As a result, you get the maximum value and impact from every dollar invested in your firm’s growth. 

 

Demystifying the Billable Hour: How to Right-Size Your Rates

With prices rising so much over the last year (global inflation is forecasted at 8.8% in 2022), it’s the right time to look at your current rates and see if you’re charging enough to remain profitable.

Effortless time capture: Automate time tracking with Rocket Matter Track 

Ready to grow beyond the essentials? Rocket Matter Track revolutionizes your time-tracking habits with its effortless time-capturing features.  

Rocket Matter Track runs in the background as you work, automatically capturing every task you complete. And with the ability to utilize multiple timers, you can seamlessly switch from one matter to another. 

Additionally, its real-time recording capability is a lifesaver for inevitable interruptions. The timers allow you to pause when an unexpected call comes in or when you need to step away and then resume tracking with the click of a button when you return.  

Gone are the days of scrambling to recall and record your billable and non-billable hours after the fact. By automating time tracking, you can focus more on your work and less on tedious manual time tracking, leading to increased accuracy in billing and a more productive and profitable practice. 

Real-time insights: Leverage Rocket Matter’s reporting capabilities 

Rocket Matter offers an unparalleled level of control and insight into your time management with its reporting capabilities, which include: 

  • Time summaries at your fingertips: You can choose any given day and instantly access a comprehensive overview of your client and matter time entries.  
  • Firm-level reporting: Partners can view all activities firm-wide or focus on specific associates for a birds-eye view of the firm’s overall productivity. The dashboard also creates customized reports with just a few clicks. 

With these reporting features, you can identify patterns, adjust strategies, and make informed decisions about managing your workload more effectively. 

On-the-go tracking: Keep up with every billable hour from any device 

Modern legal professionals are spending more and more time on the go. Rocket Matter understands this dynamic and offers the ability to add time entries directly from your phone or tablet. Whether you’re in court, at a client meeting, or working remotely, the flexibility to track time and expenses from any location keeps you from losing any billable hour. 

Multiple integrations: Use Rocket Matter Track with your existing software 

Last but not least, Rocket Matter Track can seamlessly integrate with a wide array of popular software tools used by legal professionals, including: 

  • Office 365 
  • Quickbooks Online 
  • Dropbox, Box, and Evernote 
  • ChatGPT 

For example, one of the standout integrations is with Microsoft Outlook, which allows you to track billable time and expenses directly from your email.  

By embedding time tracking into the software tools you already use, Rocket Matter Track removes the hassle of switching between applications. This makes time management more efficient and less intrusive to your workday. 

Optimizing time tracking for enhanced productivity: strategies and tips 

Mastering the art of time tracking is more than just logging hours—you’ve got to strategically leverage insights. Let’s look at three strategies and tips that transform this everyday task into a powerful catalyst for profitability and productivity. 

Prioritize time entries for critical matters 

Prioritizing time entities for critical matters is an excellent way to ensure you meet all deadlines and keep up with intricate case details.  

Start by categorizing cases based on urgency and complexities so that you precisely record hours spent on intricate legal research, client meetings, and court preparations. Then, prioritize them from most to least critical. This approach supports more productive and focused working hours. 

Leverage analytics for strategic time allocation 

Next, analyze the time you spend across different cases and tasks. Identify patterns in how long tasks or projects take. How do project time budgets compare to time logged?  

By understanding where your time goes, you can: 

  • Make informed decisions about delegating tasks 
  • Adjust allocations 
  • Set realistic timelines 
  • Negotiate billable hours with clients 

Regularly review and adjust billing practices 

Once you have your reports, set aside time each month to review your records. Look for trends such as frequently underestimated tasks or matters that consistently require more time than allocated.  

Use this information to adjust your future time estimates and billing rates so they accurately reflect the work involved. Then, include these changes in your time-tracking policies. 

By continuously improving your billing practices in this way, you enhance accuracy and productivity. It also allows you to remain competitive and fair in your pricing. 

Master legal time management in a snap with Rocket Matter  

Mastering time management is the cornerstone of a thriving legal practice, and Rocket Matter is your strategic partner in this journey. By embracing this innovative solution, you gain access to features such as: 

  • Real-time automatic time tracking 
  • Multiple time trackers 
  • Time tracking from phone and email 
  • Firm-level reporting 

…to make time management easy as pie and unlock a new realm of efficiency, accuracy, and growth for your law firm. 

Are you ready to transform the way you manage your time and elevate your law practice? Schedule a demo or start your free trial today to experience how Rocket Matter can revolutionize your firm’s productivity and profitability. 

Demystifying the Billable Hour: How to Right-Size Your Rates

With prices rising so much over the last year (global inflation is forecasted at 8.8% in 2022), it’s the right time to look at your current rates and see if you’re charging enough to remain profitable.

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