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Clio Identifies Small Efficiencies That Can Add Up Big for Law Firm Revenue

Legal Tech Monitor

Law firms looking to improve collection rates should consider online billing and payment options, according to new data from Clio’s 2023 Legal Trends Report. Hourly rates for lawyers have increased 28% since 2016 (from $256 to $327), according to the Legal Trends Report. And their clients will appreciate the efficiencies.

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Small Firm Lawyers Are Awash with Optimism about their Practices, Thomson Reuters Survey Finds

LawSites

What with COVID, the economy and the day-to-challenges of practicing law and managing a firm, it’s been a tough three years. Yet despite it all, smaller law firms have a bullish outlook on their future prospects — and with good reason. 2016 Survey. So says the 2022 State of U.S. 2020 Survey.

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Highlights from the 2023 Legal Trends for Mid-Sized Law Firms Report

Clio

Since 2016, legal professionals have relied on Clio’s annual Legal Trends Report for an objective, comprehensive analysis of legal industry trends. As the legal industry’s most in-depth examination into the state of legal practice, the Legal Trends Report brings together critical insights about law firm performance.

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Highlights from the 2023 Legal Trends for Mid-Sized Law Firms Report

Clio

Since 2016, legal professionals have relied on Clio’s annual Legal Trends Report for an objective, comprehensive analysis of legal industry trends. As the legal industry’s most in-depth examination into the state of legal practice, the Legal Trends Report brings together critical insights about law firm performance.

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On Eve of ClioCon, Thoughts On the Legal Tech Industry from CEO Jack Newton

LawSites

As we continue to emerge from the pandemic, I asked Newton how he sizes up the legal profession today and what he sees as the impact of the pandemic on the practice of law. Many law firms emerged from the pandemic better and stronger than before, he said. Legal Trends Report. Remaining Client Centered.

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Highlights from the 2023 Legal Trends Report

Clio

As the legal industry’s most in-depth examination into the state of legal practice, the 2023 Legal Trends Report brings together critical insights on the biggest challenges facing modern law firms. Today, the average lawyer has a heavier caseload and earns more for their firm than in previous years. Total lockup.

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Paradigm Acquires TrustBooks, Adding Accounting to its Suite of Practice Management Products

LawSites

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.