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The Top Benefits of Electronic Payments for Law Firms 

CaseFox

Thankfully, there’s a better way your firm can accept payments, and that is through an electronic payment system. Electronic payment is essential for law firms who want to provide the best experience to their clients and wish to increase the firm’s revenue. What are Electronic Payments?

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Project Management Essentials for Law Firms in 2023

Rocket Matter

If you’re reading the Rocket Matter blog, it’s safe to say that you want your firm to succeed in 2023. Electronic payments . Plus, accepting electronic payments keeps your firm’s cash flow healthy by shortening payment cycles and, in some cases, offering instant access to funds. . Brace yourself.

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Report: Law Firms that Adopt E-Payments See Speedier Collections, Increased Revenues

LawSites

Not surprisingly, the pandemic drove greater use of electronic payments across all industries, with the volume of electronic payments up 11.2 % in the first quarter of 2021 over the prior year. Disclosure: PracticePanther and its parent company Paradigm are advertisers on this blog and my LawNext podcast.].

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

LawSites

The 2022 Legal Industry Report was compiled by the electronic payments company LawPay and the law practice management company MyCase, both of which are owned by AffiniPay , based on a survey of more than 2,300 legal professionals during August and September. Document management software, 43%.

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Paradigm, Parent to Three Practice Management Platforms, Acquired By Francisco Partners

LawSites

Over the summer, this blog broke the news that Thompson Street Capital Partners had acquired Tabs3 Software, one of the oldest practice management products, and which also owns cloud platform CosmoLex. Exclusive: Bill4Time Launches Fully Integrated Electronic Payments (May 11, 2021). Financial terms were not disclosed.

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Commingling of Funds: What Lawyers Need to Know

Clio

Subscribe to our blog and get our blog posts delivered to your inbox! Digital technology tools can serve firms well in this regard, especially with respect to: Electronic payment processing; and Trust accounting software. Even better is working with a payment processor designed for the legal industry.

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Everything You Need to Know About Law Firm Revenue

Clio

In this blog post, we’ll cover what you need to know about law firm revenue. Accept credit cards and online payments. According to our 2019 Legal Trends Report , law firms that accept electronic payments get paid faster. But how do you know if your law firm’s revenue is enough to grow and scale your business?