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AffiniPay , the parent company of law practicemanagement company MyCase , has sold off the legal accounting software Soluno to another law practicemanagement company, Actionstep , in what the New Zealand-based Actionstep says is an important milestone for its expansion into the U.S. and Canadian markets.
Whereas 2020 ended with a newfound sense of the possible, 2021 ends with us still not knowing what is ahead, and therefore which way to turn. Whereas 2020 ended with great promise for regulatory reform, 2021 ends with little further progress on that front – and even retreats to some extent. I should be more optimistic.
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.
Law practicemanagement company Clio said today that Lawyaw, the document automation software it acquired in 2021, will now be called Clio Draft. Since acquiring Lawyaw, Clio says, it has invested in expanding the software’s scope and functionality.
Smith has been on this podcast twice before: BYU Law’s Innovative Dean Gordon Smith On His Next Five Years (March 2021). Paradigm , home to the practicemanagement platforms PracticePanther , Bill4Time , MerusCase and LollyLaw ; the e-payments platform Headnote ; and the legal accounting software TrustBooks.
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.
Dru joined the company in 2021 and right around that time, the company ventured beyond the world of payment software and acquired MyCase , which is law practicemanagementsoftware used by law firms to keep all case details and documents in a single location, keep track of tasks and streamline client communications.
Articles and Columns for March 2021 The Case for Law PracticeManagementSoftware – The software that lawyers relied on to run their firms used to be premise-based, but as reported by Nicole L. Black, in 2021 cloud computing software is the most prevalent.
We discussed Clio’s greater focus on midsized law firms, its impending launch of generative AI, its roll-out of features for legal aid providers, and its rebranding of its Lawyaw document automation software. Clio Duo Coming Soon Remember Clio Duo? .”
The software that lawyers relied on to run their firms used to be premise-based, but as reported by Nicole L. Black , in 2021 cloud computing software is the most prevalent. In fact, even before the pandemic, lawyers were adopting cloud-based legal software at higher rates than ever before.
The company, founded in 2021, had previously raised $500,000 in pre-seed funding. Integrates with Case Management Hona integrates with a firm’s case managementsoftware, which is where firms can set up the triggers that will notify clients of particular events. It completed a Y Combinator batch in March.
According to a report by Zion Market Research, the global legal billing software market size was valued at approximately USD 849 million in 2020 and is expected to reach approximately USD 1,323 million by 2028, growing at a CAGR of around 5.8% between 2021 and 2028. between 2021 and 2028.
In 2013, when Florida lawyer TJ Fraser set out to find a law practicemanagement solution for his firm, he tested just about every product on the market, he says, but he could not find one that solved the problems he encountered in his day-to-day practice. So, rather than keep looking, he decided to build the solution himself.
AffiniPay , the parent company of law practicemanagement company MyCase , has sold off the legal accounting software Soluno to another law practicemanagement company, Actionstep , in what the New Zealand-based Actionstep says is an important milestone for its expansion into the U.S. and Canadian markets.
Smokeball is a law practicemanagementsoftware with document assembly capabilities. The passive timekeeper feature available in Smokeball works for internal Smokeball operations, as well as with integrated software, like Microsoft 365. I love the smell of precedent in the morning.)
The law practicemanagement company Paradigm has acquired LollyLaw , a cloud-based, all-in-one practicemanagement platform designed for immigration law firms. Its cofounders, brothers John Levesque and Todd Levesque , are both joining Paradigm as co-general managers of LollyLaw. Continuing Expansion.
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.
Already, its products are used every day by lawyers throughout the United States to file court cases, track court dockets, search court records, and arrange service of process, and it integrates with most major law practicemanagement platforms. InfoTrack in the U.S. InfoTrack expanded first to the U.K. and then in 2016 to the U.S.
Paradigm , the parent company to four legal practicemanagement and payments products — PracticePanther , Bill4Time , MerusCase and Headnote — today announced the expansion of its leadership team with the hiring of two executives, one who will oversee product management and the other marketing.
In previous episodes of this podcast, we interviewed students who took part in this program in 2021 and 2022. Paradigm , home to the practicemanagement platforms PracticePanther , Bill4Time , MerusCase and LollyLaw ; the e-payments platform Headnote ; and the legal accounting software TrustBooks.
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. Thank You To Our Sponsors.
Technology providers are responding to this shift with practice-specific tools and features and integrations with courts, regulatory bodies and other industry resources. Related: “8 Legal Practice Areas Growing in 2021 and Beyond” Document automation levels up. Remote work is here to stay.
For example, Attorney at Work’s Top 20 Articles of 2021 captures the zeitgeist of what’s on the minds of small law firms. Yesterday at TechnoLawyer, we published our annual awards, aptly titled TechnoLawyer Top 10 Products of 2021. This may explain why DocMoto from CHL Software won a TechnoLawyer Top Product Award.
In 2015, AppFolio, which then owned practicemanagement platform MyCase, went through an IPO , but its primary products were not in legal, but in property management. million, an increase of 30% over the prior year, and its total revenues for the nine months ended March 31, 2021 were $153.4
Law practicemanagement company Clio said today that Lawyaw, the document automation software it acquired in 2021, will now be called Clio Draft. The new name reflects a deepened integration of products and services since the acquisition, Clio says.
Having worked as a chief information officer, library and information governance director, law professor, and legal technology consultant, she has an extensive background in both IT and information management. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors.
This groundbreaking concept of systemizing and optimizing a firm’s approach to non-hourly pricing through the use of a purpose-built software tool is an incredibly substantial innovation in the legal pricing space. We run a gender decoder for all new job postings, and we hired international contract software engineers. Anything else?
The new requirement, which came about as part of the federal Corporate Transparency Act of 2021, means that many companies will now have to report information about their beneficial owners — the individuals who ultimately control the company. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors.
Having never made an acquisition, it recently acquired deposition software company WarRoom. And this week, Nextpoint is holding a virtual user conference, On Point 2021 , where it will lay out its roadmap for the future of the product. . Agiloft , a trusted provider of agile software for contract and commerce lifecycle management.
Whereas 2020 ended with a newfound sense of the possible, 2021 ends with us still not knowing what is ahead, and therefore which way to turn. Whereas 2020 ended with great promise for regulatory reform, 2021 ends with little further progress on that front – and even retreats to some extent. I should be more optimistic.
Paradigm , the parent company to four legal practicemanagement 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.
In 2020 and 2021, your firm may have had to make quite a lot of changes quickly to meet the new remote normal. Catherine Sanders Reach (@catherinereach) is Director of the Center for PracticeManagement for the North Carolina Bar Association, providing practice technology and management assistance. Video tools.
Recently, the law practicemanagement company Clio launched Clio Duo, its generative AI legal assistant. He has been with Clio since 2017, and has been its CTO since 2021. On today’s LawNext, Jonathan Watson , Clio’s chief technology officer, joins the show to discuss Duo’s development, capabilities and future direction.He
Shayesteh also provides an update on the company’s growth and development since he was last on this podcast in January 2021 – a period during which the company raised a seed financing round of $2.5 They talk about the genesis and development of that AI training program, and what it covers.
Bessemer Venture Partners , a VC firm that has already made substantial investments in legal technology companies such as Clio, DISCO and Anaqua, has acquired a majority stake in Litify , a law practicemanagement platform founded in 2016 by a team of people who came out of Morgan & Morgan, the largest plaintiffs’ law firm in the United States.
.” 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 2013, when Florida lawyer TJ Fraser set out to find a law practicemanagement solution for his firm, he tested just about every product on the market, he says, but he could not find one that solved the problems he encountered in his day-to-day practice. So, rather than keep looking, he decided to build the solution himself.
Paradigm , home to the practicemanagement platforms PracticePanther , Bill4Time , MerusCase and LollyLaw ; the e-payments platform Headnote ; and the legal accounting software TrustBooks. Nota , the online business banking platform designed specifically for solo and small law firms.
In November 2021 , just after Everlaw became one of the first legal tech companies to achieve unicorn status, or a valuation of over $1 billion. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Littler, local everywhere.
At its annual Clio Cloud Conference today, the law practicemanagement company Clio released the 2022 edition of its annual Legal Trends Report – its seventh year of the report. Compared to 2019, the average caseload was up 10% from March 2021 to June 2022, while average billable hours were 22% higher during the same time.
The new year begins with news of a new chief executive at Aderant , a global provider of business managementsoftware for law firms. When Price joined Aderant in 2011, the company had one product, the Aderant Expert practicemanagement system. Effective today, Chris Cartrett is succeeding Deane Price as the company’s CEO.
Founded: 7/6/2021. Elevator pitch: Akroda is a project management and communication hub that centralizes collaboration, workflows and reporting for legal teams that lack software tools built specifically for legal function. From launch, we closed our first customer in December 2021. Founded: 4/1/2021.
Paradigm , the parent company to four legal practicemanagement and payments products — PracticePanther , Bill4Time , MerusCase and Headnote — today announced the expansion of its leadership team with the hiring of two executives, one who will oversee product management and the other marketing.
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