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

Clio

However, they recovered in 2021 and even increased their casework beyond pre-pandemic levels. For example, while mid-sized firms’ utilization rates (the number of hours put toward billable work as measured against an eight-hour workday) climbed slowly from 2019 to 2021, they dropped in 2022.

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

Clio

However, they recovered in 2021 and even increased their casework beyond pre-pandemic levels. For example, while mid-sized firms’ utilization rates (the number of hours put toward billable work as measured against an eight-hour workday) climbed slowly from 2019 to 2021, they dropped in 2022.

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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. Firms using online payment methods get paid twice as fast as those that don’t, according to the Legal Trends Report. And their clients will appreciate the efficiencies.

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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.