Invoicing and payment - a lawyers guide
South Africa - Tech4Law
When one thinks about how lawyers run their business, one of the first things that should come to mind is this – “bringing home the bacon”, earning the moolah and making coin. Which is fair enough. And rightly. Let’s not be embarrassed about it. Running a legal practice is difficult enough. Not getting paid for doing it, will push most of us to despair and beyond. Accurate, timeous billing and invoicing goes a long way towards reducing risk, stress and increasing profits. Let’s explore this vital aspect of running a law firm and more importantly, how to actually go about doing it.
It is important to understand that a law firm is basically like any other business. Law firms try to maximise all revenues as they minimise their operation costs. Which is fair enough. Profit, as with any other business, is the main goal for a law firm. So, how do they go about accounting for it?
Now, this may not be the most exciting topic nor one that is entirely ground breaking. But unless you have the invoicing end of your practice down pat, there won’t be a business to discuss. At all. So it is worth going through a few rudimentary steps to ensure that you have this covered.
Stay on the right side of COVD-19 Regulations
South Africa - LexisNexis
As COVID-19 cases continue to rise sharply in South Africa, employers will be under increased pressure to ensure that their workers are operating under conditions of safety and protection.
Companies are required to ensure their strict compliance with the various Acts and COVID-19 Regulations, including the Occupational Health & Safety Act, Labour Act, Consumer Protection Act, Disaster Management Act and more.
The amendments to the Alert Level 3 Regulations following President Cyril Ramaphosa’s national address on 12 July, also involve a shift towards greater individual responsibility from employers and employees when it comes to meeting COVID-19 workplace obligations.
Greg Brown, Divisional Director: Legal Information and Compliance at LexisNexis South Africa, sums up the obligations below:
LPC warns practitioners of a fraudulent email purporting to be from the LPC Free State Provincial office
South Africa -Legal Practice Council
The Legal Practice Council would like to warn all legal practitioners about a fraudulent email that purports to be from an employee at the Free State provincial office of the Legal Practice Council.
Legal practitioners are advised to please ignore any email from the sender [email protected] followed by [email protected] or any other suspicious indication that the e-mail does not originate from the LPC. Practitioners are warned not to click on the link in this or any other mail that comes from a suspicious source. Indications in the mail that should give rise to suspicions are the fact none of our emails are ever sent in conjunction with other email addresses. Kindly note that the LPC sends emails with its signature only.
Legal practitioners are again warned of business e-mails frauds and alerted to the common cyber-attack known as phishing. “Phishing” is the most common type of cyber-attack that affects organisations like ours. Phishing attacks can take many forms, but they all share a common goal – getting one to share sensitive information such as login credentials, credit card information, or bank account details. Although we maintain controls to help protect our networks and computers from cyber threats, we rely on you to be our last line of defence. We outline below a few different types of phishing attacks to watch out for:
Legal Practice Council
Overcoming Covid-19 career anxietiest
UK -Legal futures
Covid-19 has left no corner of our lives untouched, including the anxieties and stresses we feel.
I have worked closely with legal professionals for a number of years. While each individual is different, it’s a fair statement to say that lawyers have to perform at a specific level. The pressure to perform drives incredible careers and much success but does come with a cost at times. Now that we have a global pandemic to contend with, even more complexities have been added into our personal and professional lives.
Remote working doesn’t mean that work stresses disappear. It’s definitely a concept whose time has come, but it’s not a magic pill either. In my practice, I see four career anxieties more frequently than any others. Coronavirus is exacerbating these, and my clients are telling me of their doubts and fears as we return to vastly changed working conditions.