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Paradigm — the parent company to practicemanagement platforms PracticePanther , Bill4Time and MerusCase and payments platform Headnote — is being acquired by Francisco Partners , a major investment firm that specializes in investments in technology businesses. Hot Market for PracticeManagement.
The law practicemanagement company MyCase said today that it has acquired Docketwise , a software platform for immigration attorneys that provides case management, immigration forms, and client-relationship management. As reported here on April 20 , the practicemanagement company Paradigm acquired LollyLaw.
the percentage of in-house legal budgets spent on technology is expected to increase threefold by 2025 from 2020 levels as legal departments “increase spending on technology to reduce the dependency on outside counsel, address COVID-19, and satisfy a long-overdue need to modernize, digitize and automate legal work.”.
The law practicemanagement company MyCase has quietly acquired two legal technology companies in recent months, without announcing the acquisitions to the public. On March 31, MyCase acquired CASEpeer , a case management platform for plaintiffs’ attorneys. Cofounder Darren Fancher was previously CEO.
As awful as was the year 2020 for so many reasons, my year-end report last year found reasons to be optimistic. The silver lining of 2020,” I wrote, “is that we have been forced to consider changes that were long overdue and then given the opportunity to implement those changes.”. It is as if we are serving time in a legal tech limbo.
He was previously a guest on the show in the episode posted on June 2, 2020. Paradigm , home to the practicemanagement platforms PracticePanther , Bill4Time , and MerusCase , and e-payments platform Headnote. Woodpecker , legal documentautomation for solo and small firms. Thank You To Our Sponsors.
The 2022 Legal Industry Report was compiled by the electronic payments company LawPay and the law practicemanagement company MyCase, both of which are owned by AffiniPay , based on a survey of more than 2,300 legal professionals during August and September.
In light of that, I reached out to CEOs and executives at several practicemanagement companies for their thoughts on the deal — including on how it may impact their partnerships with LawPay going forward. Last year, it acquired two additional products, Lawyaw for documentautomation and Calendar Rules for court calendaring.
In a deal that is sure to shake-up the already hyperactive market for law practicemanagement software, AffiniPay , the parent company of the electronic payments platform LawPay , has acquired the law practicemanagement company MyCase. ” Already, LawPay’s integration within MyCase is live. .
If queried, most law firms would point to March of 2020 as the point in time that everything changed. To that end, the company has launched its proprietary Abacus Payment Exchange, available across its suite of practicemanagement solutions (more on that momentarily). APX is a unique offering to the legal community in many ways.
?. When COVID-19 first swept across the United States in March 2020, it forced courts across the country to shut down, bringing trials and other legal proceedings to a screeching halt. Paradigm , home to the practicemanagement platforms PracticePanther , Bill4Time , and MerusCase , and e-payments platform Headnote.
Zach Posner cofounded The Legaltech Fund in 2020 as the first venture capital firm laser-focused on law and legal technology. Paradigm , home to the practicemanagement platforms PracticePanther , Bill4Time , and MerusCase , and e-payments platform Headnote. Woodpecker , legal documentautomation for solo and small firms. .
Traction: We have 30+ solo and small law firm subscriptions since coming out of a soft launch in December 2020. Founded: 2/20/2020. How we’re unique: Legal tech is saturated with documentautomation tools, but hundreds of hours of customer research taught us these tools are only useful for wrote contracts. Clause Logic.
?. When COVID-19 first swept across the United States in March 2020, it forced courts across the country to shut down, bringing trials and other legal proceedings to a screeching halt. Paradigm , home to the practicemanagement platforms PracticePanther , Bill4Time , and MerusCase , and e-payments platform Headnote.
Practicemanagement company MyCase has named Arman Samani , an executive with more than two decades’ experience leading product development and innovation at high-growth SaaS companies, as its chief product and technology officer. In September 2020, MyCase was sold for $193 million to private equity firm Apax Partners.
As awful as was the year 2020 for so many reasons, my year-end report last year found reasons to be optimistic. The silver lining of 2020,” I wrote, “is that we have been forced to consider changes that were long overdue and then given the opportunity to implement those changes.”. It is as if we are serving time in a legal tech limbo.
Zach Posner cofounded The Legaltech Fund in 2020 as the first venture capital firm laser-focused on law and legal technology. Paradigm , home to the practicemanagement platforms PracticePanther , Bill4Time , and MerusCase , and e-payments platform Headnote. Woodpecker , legal documentautomation for solo and small firms.
He was previously a guest on the show in the episode posted on June 2, 2020. Paradigm , home to the practicemanagement platforms PracticePanther , Bill4Time , and MerusCase , and e-payments platform Headnote. Woodpecker , legal documentautomation for solo and small firms. A reminder that we are on Patreon.
Consider the following data: A 2020 ABA survey states that just 58% of firms store their data in the cloud, and only 7% of survey respondents used tools that deploy artificial intelligence (AI), despite AI’s popularity in other industries such as finance. . Since 2020, the upward trend of law firms adopting new technology has continued.
When COVID-19 first swept across the United States in March 2020, it forced courts across the country to shut down, bringing trials and other legal proceedings to a screeching halt. Paradigm , home to the practicemanagement platforms PracticePanther , Bill4Time , and MerusCase , and e-payments platform Headnote.
Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms. N/A Briefpoint Elevator Pitch: Briefpoint is an out-of-the-box documentautomation platform that litigators use to draft discovery documents within minutes of their first sign-in. Anything else?
Traction: We have 30+ solo and small law firm subscriptions since coming out of a soft launch in December 2020. Founded: 4/1/2020. Founded: 9/1/2020. Founded: 5/1/2020. Elevator pitch: Welcome to Dashboard Legal, a collaboration and project management tool built for attorneys. Founded: 2/1/2020. Clearbrief.
The book provides an overview of key technologies transforming the legal industry like automation, AI, blockchain, documentautomation, CLM, and more. Lambert prompted the guests to identify low-hanging fruit legal technologies those new to practice should focus on. Levy pointed to documentautomation and AI.
Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms. N/A Elevator Pitch: Briefpoint is an out-of-the-box documentautomation platform that litigators use to draft discovery documents within minutes of their first sign-in. Founded: 8/1/2020, Ghent, Belgium (HQ).
While each law firm’s optimal tech stack depends on factors like firm size and practice area, it’s a good bet to start with the basics, then add in tech tools to fill gaps, enhance productivity, and better serve your specific client base. Documentmanagement tools then help you safely store and access those documents.
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