ADDRESSING VERY SMALL LEGAL PRACTICES Is your small legal practice also a viable and profitable legal business? Do you comply with trust accounting requirements? Do you record work as and when the work is done? Are you able to easily and accurately invoice your client’s, on demand? Do you have your client’s information at your fingertips, and can you instantly find the required clients information? Are all your matters dynamically diarized so that nothing falls through the cracks? Are you able to perform trust transfers confidently, on demand, to enhance your cash-flow? Can you extract an accurate list of trust creditors with general trust and Section 78(2A) investment account details, on demand? Can you extract an accurate and up to date Income and Expense report or Balance Sheet at a moment’s notice? Do you have immediate access to other useful management information such as a list of all Clients and Matters, with balances – including business balances with aging – and client contact details? Many small practices are not effective legal businesses, for various reasons Most small practices do not have effective tools to assist them with billing and especially integrating all accounting transactions to give them a holistic view of the business at all times. Most small practices also cannot respond adequately to client’s enquiries. Legal accounting is complicated and often done by an outside agency, such as a part-time bookkeeper or the auditors. This means periodic results, which impacts on the ability to operate effectively, and is relatively expensive (especially for what you get). The work done by the outside agency is generally limited to client accounts on a monthly basis, excluding most of the benefits alluded to above. As a legal professional you should be able to focus on practicing law, but operating out of an effective legal business; not least of all to enable you to deliver your service to your client efficiently and effectively. Delivery is as important as the advice provided. You also have an obligation under law to maintain accurate and up to date trust accounts. An option that is continually promoted is training. While training is important, it has in general not done well in enhancing the success of most legal businesses, or even assisting with the maintenance of accurate and up to date trust accounts. Legalite believes that the solution lies in a well designed software package, specifically designed and affordable for very small legal practices, that Is comprehensive – providing the functionality to perform the operations alluded to above - yet simple and efficient to use. Encapsulates expertise and controls to reduce the need for training; i.e. to lead and control the attorney in performing these functions, helping to ensure accurate results. Provides comprehensive and integrated results automatically and immediately. Legalite enables you to focus on what you should be doing as a legal professional; practicing law.

Legalite is a product developed by Korbicom (Pty) Ltd.  support@legalite.co.za