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

Attorney at Work

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. The wide acceptance of electronic payment methods in e-commerce is expanding rapidly across all segments of the economy, and the legal industry is no exception.

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Safeguarding Against Commingling of Funds: Best Practices for Your Law Firm

Law Technology Today

Similarly, if the client paid a retainer that the firm bills against, timely withdrawal of earned fees becomes crucial to avoid commingling firm funds with client funds. Consequences of Commingling Funds Whether intentional or accidental, attorneys found to have commingled funds can face a variety of consequences.

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Project Management Essentials for Law Firms in 2023

Rocket Matter

As an attorney, you handle a plethora of important dates, deadlines, and tasks every day—and that’s without tracking all the case-related details! What’s more, your attorneys don’t need to be tied to their desks anymore; secure remote access to files enables your team to work from the courthouse or home. Electronic payments .

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Commingling of Funds: What Lawyers Need to Know

Clio

Since the Model Rules are the basis for ethical rules for attorneys in numerous states, they serve as a good outline of lawyers’ ethical duties nationwide. provides that, if an attorney has property of clients or third parties in their possession, they must keep that property separate from the attorney’s property.

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Clio Releases Law Firm Accounting Software for Small Firms

Lawyerist

Subscribers to Clio Manage track billable events, send invoices, receive electronic payments, and track trust account activities. For attorneys, there are no numbers where reliability and precision matter more than trust accounting. “As Clio’s accounting package targets firms with between one and four attorneys.

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LawPay Introduces ‘Pro’ Tier to Bridge Features Gap Between Payments and Practice Management

LawSites

First up is the online payments company LawPay , which today is announcing a new product tier, LawPay Pro, that enhances the standard LawPay electronic payments platform with the addition of legal billing features. I have not seen the new LawPay Pro, which will become available to customers starting in April.

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MyCase Rolls Out Built-In Accounting and Integrated Document Automation

LawSites

It has been a notable year for the practice management company MyCase , one in which it made four notable acquisitions of other practice management products, and then itself was acquired by AffiniPay , the parent company of the electronic payments platform LawPay. Read more about MyCase at the LawNext Legal Technology Directory.