LawSites
NOVEMBER 2, 2022
Founded in 2016, Docketwise was acquired by MyCase in May. Shortly after that, MyCase was acquired by AffiniPay , the parent company of the electronic payments platform LawPay. “We Continue to work within Docketwise while obtaining e-signatures. View e-signatures on documents directly within Docketwise.
LawSites
NOVEMBER 14, 2022
It is interesting that the survey appears not to have asked about electronic payments technology — a technology whose use appears to have soared in recent years, according to other surveys. 2016 Survey. Some of it is also going to non-legal specific tech, such as websites, hardware, and billing or accounting software.
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Legal Tech Monitor
OCTOBER 30, 2023
Hourly rates for lawyers have increased 28% since 2016 (from $256 to $327), according to the Legal Trends Report. Additionally, legal professionals on average are working over 25% more cases, recording 35% more billable hours, and billing and collecting over two and a half times more than they did in 2016. The reason?
LawSites
OCTOBER 7, 2022
Newton attributes the increase in collections to the broader use of electronic payments. At last year’s ClioCon, Clio introduced its own e-payments technology , Clio Payments, which Newton at the time called the most important product release since the company’s debut 13 years earlier.
LawSites
FEBRUARY 17, 2022
Paradigm , the parent company to four legal practice management and payments products — PracticePanther , Bill4Time , MerusCase and Headnote — today adds a fifth, as it acquires TrustBooks , the cloud-based accounting software built specifically for law firms. “You can come to Paradigm and do everything you need to run your firm.”
Clio
OCTOBER 10, 2023
For the 2023 Legal Trends Report , we’ve broadened our analyses of business performance to include data as far back as 2016. On average, they are working over 40% more cases and billing 70% more compared to 2016. Legal professionals are also collecting 72% more than in 2016. Key performance indicators—i.e.,
Clio
AUGUST 9, 2023
Since 2016, legal professionals have relied on Clio’s annual Legal Trends Report for an objective, comprehensive analysis of legal industry trends. They are also less likely to use video conferencing, electronic payments , e-signatures , and cloud-based data storage. It also sheds light on the forces shaping legal practices.
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