What does LawStream Do?

LawStream helps you manage. LawStream can help you manage the essential resources of time, money and information in your law office. Here are some of the ways LawStream achieves that goal, in the areas of timekeeping, trust accounting, general accounting, billing, receivables, management, reminders, communication, contact management, and file organization:

Timekeeping- time records
- automatic generation of reminders based on time records
- graphic analysis of time entries
- concurrent timing of multiple activities
- rounding according to individual preferences
- multiple billing rates for individuals
- multiple billing rates for files
- customized calculations for fee amounts
- simplified entry of time records by/for other personnel
- pre-bills
- other work-in-progress reports

Trust Accounting - record all trust transactions
- print receipts and checks (cheques)
- maintain records and balances of transactions for files
- interface with general ledger
- automated payments on account from trust when bills are posted
- many reports of balances and transactions
- trust analysis/administration entries and reports
- edits to prevent overdrawn trust balances and other invalid transactions

General Accounting - full double-entry general ledger
- financial statements
- bank reconciliation
- complete integration with billing, payments and trust accounting for files
- payables
- receivables
- periodic reports
- journal entries

Billing - detail bills
- narrative bills
- past balances and trust transfers noted on bills
- options for headers, details, summaries
- integration with procedures for posting to general ledger
- bulk billing
- pre-bills (individually or in bulk)
- summary reports of work in progress, to assist in billing decisions

Receivables - receivables can be generated from data created when bills are printed
- client statements
- dunning letters
- aged receivables reports, and many other related reports
- integration with trust balances and other accounting data

Management and Productivity - user productivity reports
- client dedication reports
- integrated reports showing connection between recorded time, billable time, billed time, fees billed, and fees received

Scheduling and Reminders - normal reminders
- rules-based reminders
- schedules
- limitations
- integration of reminders with time entries and memos
- graphic calendars
- alarms
- many different reports

Communication - quick letters to clients
- e-mail based on data maintained within LawStream data file
- inter-office memos
- various types of notes to file
- integrated email [LawStream Pro only]
- direct printing of pdf documents [LawStream Pro only]

Contact Management - all name, address, phone, e-mail and fax details
- individual notes about clients
- conflict avoidance
- grouping of related clients
- ability to link any number of contacts (other lawyers, witnesses, court registries, etc.) to any file

File Organization - multiple files for each client
- all data stored for each file, and linked to each file
- lists of files, and reports of various details for each file
- different ways of sorting, organizing and finding files

| ©2007 PowerSoft Innovations Corporation