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Electronic Payments: How They Benefit Your Law Firm

Clio

When it comes to payments, is your firm giving clients the flexibility they desire and deserve? Electronic payments are essential if you want to provide an excellent client experience while increasing your firm’s efficiency and revenue. What are electronic payments? Electronic payments can take many forms.

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Everything You Need to Know About Law Firm Revenue

Clio

According to the 2020 Martindale-Avvo Attorney Compensation Report , the average 2019 compensation for providing billable legal services for a solo law firm was $150,000 per year. Lawyers serving both consumers and businesses reported an average income of $175,000 in 2019. Accept credit cards and online payments.

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Paradigm, Parent to Three Practice Management Platforms, Acquired By Francisco Partners

LawSites

It began by acquiring Bill4Time in 2017, followed by PracticePanther in 2018, MerusCase in 2019, and Headnote in 2020. In February 2019, ASG merged the two companies to create a unified legal technology business under the name ASG LegalTech, naming as CEO Nettimi, who had taken over as PracticePanther CEO the prior October.

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The Good and the Bad of Solo Practice, Per Clio’s Latest Legal Trends Report for Solos

LawSites

The good: Solos have maintained a stable level of business over the last two years and and business overall is up from 2019. Solos also are more likely to use online solutions for video conferencing, electronic payments, website design, e-signatures, and data storage. The bad: Solos struggle to bring in clients to their firms.

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New LawPay/MyCase Survey Provides Insights Into The Tech That Matters For Smaller Law Firms

LawSites

The 2022 Legal Industry Report was compiled by the electronic payments company LawPay and the law practice management company MyCase, both of which are owned by AffiniPay , based on a survey of more than 2,300 legal professionals during August and September. Document management software, 43%.

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At Kick-Off of ClioCon, Clio Unveils No-Code Websites, Text Messaging, Enhanced Payments, and Advanced Third-Party App Integration

LawSites

As the Clio Cloud Conference kicked off in Nashville this morning – the conference’s 10 th anniversary and its first time live since 2019 – Clio founder and CEO Jack Newton took to the stage to deliver a keynote address, during which he announced several new products and product enhancements. Enhancements to Payments and Billing.

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

LawSites

With the Clio Cloud Conference kicking off live Monday for the first time since 2019, and with this year marking the conference’s 10 th anniversary, I caught up earlier today with Clio founder and CEO Jack Newton. Newton attributes the increase in collections to the broader use of electronic payments.