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When it comes to payments, is your firm giving clients the flexibility they desire and deserve? Electronicpayments are essential if you want to provide an excellent client experience while increasing your firm’s efficiency and revenue. The way that people want to pay for things—from everyday items to legal services—has shifted.
This trend toward the increasing technology in law is echoed by industry analysts. In fact, legaltechnology is far more accessible and affordable than even two years ago. As a result, nimble small and medium-size firms can level the playing field and increase growth by understanding and leveraging technology.
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 legaltechnology business under the name ASG LegalTech, naming as CEO Nettimi, who had taken over as PracticePanther CEO the prior October.
And one of the companies that best represents that trend is Paradigm , which was founded two years ago as ASG LegalTech and rebranded this year as Paradigm, to represent its goal of bringing about a paradigm shift for legaltechnology.
A legal industry report released today by the sibling legaltechnology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller law firms in the post-pandemic era. Legal billing and time-tracking software, 42%. .” Document management software, 43%.
Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for law firms. If queried, most law firms would point to March of 2020 as the point in time that everything changed. Flex Appeal: Payment Options in Abacus Payment Exchange.
Way back in 2020, I wrote about how the pandemic had escalated the importance of electronicpayments as a feature of law practice management software. It also eliminates the need for firms to use third-party payment providers to receive payments online from clients, which in some cases can create data silos and extra data entry.
In a deal that is sure to shake-up the already hyperactive market for law practice management software, AffiniPay , the parent company of the electronicpayments platform LawPay , has acquired the law practice management company MyCase. ” Related: Learn more about MyCase on the LawNext LegalTechnology Directory.
And one of the companies that best represents that trend is Paradigm, which was founded two years ago as ASG LegalTech and rebranded this year as Paradigm, to represent its goal of bringing about a paradigm shift for legaltechnology.
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