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Clients Are Spending More on Legal Tech: Can Smaller Firms Keep Up?

Attorney at Work

Related: “8 Legal Practice Areas Growing in 2021 and Beyond” Document automation levels up. Both law firms and business clients are adopting automated document generation and assembly to save time, improve compliance and reduce attorney effort in document drafting. Subscribe to Attorney at Work. Rising cyberthreats.

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CRM Platform Lawmatics Expands with Time and Billing Features; Adds E-Payments through Gravity Legal

LawSites

Lawmatics , a company whose product provides client relationship management (CRM), client intake and marketing automation for attorneys, is now adding timekeeping and billing tools, with the goal of offering law firms a comprehensive platform with everything they need to manage their administrative sides. Adding a time entry in Lawmatics.

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Everything You Need to Know About Law Firm Revenue

Clio

You’ll learn the average amount of compensation that attorneys bring in, key factors affecting law firm revenue, and ways you can increase revenue at your firm. However, to gain insight on the average revenue for solo and small law firms, we can look at how these attorneys get compensated. What affects law firm revenue?

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

LawSites

But for firms with between 11 and 29 attorneys, that percentage dropped from 39% to 23%. In the 2021 survey, repeat business was the most commonly cited definition of success, followed closely by client satisfaction ratings and work/life balance. . Of course, a firm’s evaluation of its success turns on how it measures success.

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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. Increased Adoption of Cloud Software. Document management software, 43%.

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LawPay Looks to Expand Beyond Payments, While Staying True To Core Mission, New CEO Says In Interview

LawSites

So I had grown up in the household of an attorney and I had gone off to undergrad pretty certain I was going to follow in his footsteps to be a federal prosecutor. But I had grown up in awe of attorneys who were so capable of solving very real-world issues for their clients. I would say 2021 has been an exceptional year for us.

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Clio Launches E-Payments Solution for Canadian Legal Market; Plans to Expand Payments to Other Countries

LawSites

In October 2021, Clio , the law practice management company, launched Clio Payments , native e-payments technology built into the Clio Manage law practice management platform — a launch that CEO Jack Newton described at the time as the company’s most important product release since its debut in 2008.