TimeSolv

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TimeSolv is a cloud-based timekeeping and billing platform for law firms. It is generally more robust than accounting platforms built-into Law Practice Management Software (LPMS). And it is typically more convenient than local timekeeping software.

It can help track time, fees, expenses, and profits per case. Attorneys can capture time more easily, estimate project expenses, and limit user access drastically to protect confidentiality. It integrates with QuickBooks, Xero, Outlook 365, Lexcharge, and LawPay. And it offers extremely thorough migration of some of the more popular on-premises time tracking platforms.

Who TimeSolv is For

This law practice billing software is an excellent fit for firms that need enhanced timekeeping and billing capabilities. For example, attorneys who have complex rate or expense tracking, those who want to really hone-in on their matter ROI, and those who want to track associate performance will likely be pleased with the suite of capabilities.

It’s additionally well suited for law offices that aren’t satisfied with the basic timekeeping and attorney billing features of their current LPMS, and who may be looking for more advanced reporting or better accounting software integration.

Importantly, though, if you’re currently using an older desktop-based timekeeping software, TimeSolv’s migration tool makes switching relatively painless, with full historical conversions (not just migrations) of TimeSlips & Tabs3.

Because TimeSolve hosts client information on Amazon Web Services , Canadian attorneys may not be able to use this product. Further, not all attorneys need billing software this feature-rich. Resource strapped attorneys may get more use out of investing in document automation software, or more generalized project management applications.

Additional Details about TimeSolv

Planning with TimeSolv

Project & Task Management

In creating their timekeeping and billing platform, TimeSolv has also included simple project and task management features. This is essentially the flip-side of the estimating feature below. Here, subscribers can create tasks within their matters, associate users with those tasks, allot amounts of time to do the task, and track whether the task has been completed or not. Although this isn’t as thorough as Asana or Monday, some practices may find that this amount of project management is all that they need and they can forgo the LPMS system.

Budgeting and billing

TimeSolv lets you create and track a budget for your firm. You can estimate matter costs to more confidently inform clients what kind of costs to expect. It will also help you determine when a fixed fee is your best choice. It is also trust account compliant, offers flexible billing options, and offers LEDES 1998B, 1998BI, Chubbs, and Litigation Advisor electronic billing formats.

Payment Processing

LawPay & LexCharge Integration

TimeSolve seamlessly integrates with both LawPay and Lexcharge. This allows you to quickly and easily start (or continue) to take online payments from your clients. You can take credit card or ACH payments and still comply with the ethical obligations of your Trust account.

Zero A/R

Through its integration with LawPay and Lexcharge, TimeSolv allows you to store client credit card information so you can easily charge your clients for services rendered without them re-entering their information every month.

Quickbooks & Xero Integration

TimeSolv is not a complete accounting system for your firm. It’s missing a few things like accounts payable and check writing. But, at the same time, it’s not trying to compete in that sphere. Instead, they have a two-way synchronization with QuickBooks Online, QuickBooks Desktop, and Xero. Do your billing and time tracking in TimeSolve. But, take care of your payroll, your malpractice insurance, and other firm obligations with your accounting software.

Information Processing & Safety

Migration to TimeSolv

TimeSolv has been at this for a while. Which is why they have a specific conversion tool to help users auto-migrate from several legacy desktop timekeeping and billing programs. These migrations typically handle getting your starting balances into the system and your account structure setup.

For a few specific programs, though, TimeSolve provides a full historical conversion of your data. This means that if you’re using an application like TimeSlips or Tabs3, they can rebuild your historical data (even invoice images) for you, so you won’t miss a beat.

Data Security

TimeSolv encrypts data transmitted between your browser and its servers using 256-bit (bank-grade) encryption. They also host you data on Amazon Web Services (AWS) servers. These servers have classically had both high security and high uptime. In addition to all of this, they encrypt every password on the platform, employees do not have access to your client data, and they perform backups daily in real-time.

Pricing

TimeSolve charges a per-seat price for its platform. If you want to track an attorney, you need to have a seat for them. Although this may feel pretty expensive if your firm has a lot of seats, the reality is quite the opposite. TimeSolv’s ROI tracker can help show you that, if used properly, the more attorneys using the program, the more money you can save.

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Alternatives to TimeSolv

Bill4Time

Timeslips