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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. What are electronicpayments? Electronicpayments can take many forms.
Originally called ASG LegalTech, Paradigm was formed by Alpine SG (ASG), a software platform company backed by Alpine Investors. “We are thrilled to announce this growth investment from Francisco Partners, which validates Paradigm’s strong position in the legal software ecosystem,” said Soumya Nettimi , CEO of Paradigm.
Dru Armstrong, who became CEO of AffiniPay in July 2021. With degrees in both law and business from the University of Chicago, she was previously CEO of Grace Hill, a company that provides software for owners and operators of real estate properties.
Related: “8 Legal Practice Areas Growing in 2021 and Beyond” Document automation levels up. Document automation software provides a centralized process of producing agreements, motions, pleading, contracts and other legal documents. Legal tech meets fintech. Remote work is here to stay.
.” In reaching this conclusion, the report drills down into the types of software that smaller firms are using and consider important, demonstrating that the majority of firms have moved to the cloud and are committed to technologies that facilitate remote working. Increased Adoption of Cloud Software. Accounting software, 40%.
In the 2021 survey, repeat business was the most commonly cited definition of success, followed closely by client satisfaction ratings and work/life balance. “The percentage of small firm lawyers who view such websites as major competitors took a significant jump in 2021 and has remained elevated in 2022. 2020 Survey.
The company also is adding new electronicpayment capabilities through a partnership with Gravity Legal , a credit card and bank transfer acceptance platform specifically designed for law firms. He and CTO Roey Chasman , who first worked with Spiegel as a software engineer at MyCase, cofounded Lawmatics in 2017.
For example, you can use software like Clio Grow to automate your firm’s client intake process. Data from Clio’s 2022 Legal Trends Report further supports this—showing that firms that use cloud-based legal practice management software were 11% more likely to have strong revenue streams. Accept credit cards and online payments.
Last month, AffiniPay , parent of the popular legal payments platform LawPay , named Dru Armstrong as its new CEO. With degrees in both law and business from the University of Chicago, Armstrong was previously CEO of Grace Hill , a company that provides software for owners and operators of real estate properties.
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. Overall, only about 30% of solo and small firms have adopted any sort of LPM software.
Joining Bob are: Dru Armstrong, who became CEO of AffiniPay in July 2021. With degrees in both law and business from the University of Chicago, she was previously CEO of Grace Hill, a company that provides software for owners and operators of real estate properties.
Paradigm , the parent company to four legal practice management and payments products — PracticePanther , Bill4Time , MerusCase and Headnote — today adds a fifth, as it acquires TrustBooks , the cloud-based accounting software built specifically for law firms. “We also wanted a team that shared our culture.
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. Where does the data come from?
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. Where does the data come from?
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. Law firms should instead consider emailing bills to clients instantly from billing software or through a client portal or app. And their clients will appreciate the efficiencies.
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