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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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Payment Plan: Abacus Payment Exchange Offers Law Firms New Ways to Get Paid

Attorney at Work

Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for law firms. If queried, most law firms would point to March of 2020 as the point in time that everything changed. Balance Forward: Introducing Abacus Payment Exchange (APX).

Law firm 101
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Safeguarding Against Commingling of Funds: Best Practices for Your Law Firm

Law Technology Today

As a law firm, it’s crucial to be aware of the significant risk posed by the commingling of funds and take proactive measures to prevent it. Best Practices to Guard Against Commingling To ensure your law firm does not engage in commingling, it is essential to establish and maintain separate operating and trust accounts.

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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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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? Increasing law practice specialization. According to Gartner Inc., Trends to Watch in 2022.

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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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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.