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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? Scheduled payments.

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Everything You Need to Know About Law Firm Revenue

Clio

It’s also an important metric for law firm owners to track —especially if you want to grow your firm and improve your profitability. But how do you know if your law firm’s revenue is enough to grow and scale your business? And how does your firm’s revenue stack up against the average law firm revenue?

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

Attorney at Work

Law firms of all sizes are feeling pressure to meet client demand for both tailored services and greater efficiencies in this rapidly changing industry. Must law firms keep pace with their clients’ technology efforts? Trends to Watch in 2022. Increasing law practice specialization. According to Gartner Inc.,

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New LawPay/MyCase Survey Provides Insights Into The Tech That Matters For Smaller Law Firms

LawSites

A legal industry report released today by the sibling legal technology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller law firms in the post-pandemic era. Other types of cloud software used by firms: Calendar management software, 44%. Firms Ready for Remote Work.

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LawPay’s New ClientCredit Option Allows Clients to ‘Buy Now, Pay Later’

LawSites

Now, the electronic payments company LawPay is bringing buy now, pay later financing to the legal industry. It will soon begin rolling out a new payment-financing option for legal clients, ClientCredit , which allows clients to pay for legal services over time while the law firm receives 100% of the invoiced amount upfront.

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The Good and the Bad of Solo Practice, Per Clio’s Latest Legal Trends Report for Solos

LawSites

In fact, during 2022’s “Great Resignation,” a third of lawyers who quit their jobs did so to start their own solo practices, according to Legal Trends for Solo Law Firms , a report published today by law practice management company Clio. One clear takeaway is that there are both good and bad aspects to solo practice.

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

LawSites

What with COVID, the economy and the day-to-challenges of practicing law and managing a firm, it’s been a tough three years. Yet despite it all, smaller law firms have a bullish outlook on their future prospects — and with good reason. So says the 2022 State of U.S. Where are those tech dollars going?

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