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

LawSites

Paradigm — the parent company to practice management 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 Practice Management.

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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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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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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. And it’s only natural to assume that buying whatever project management software is popular at other firms you admire might help you meet that goal. . Electronic payments . Brace yourself. . 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. With e-payments, the time it took firms to collect invoices decreased by 20.4%, and their collections increased by 6.7%

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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. Data from Clio’s 2022 Legal Trends Report further supports this—showing that firms that use cloud-based legal practice management software were 11% more likely to have strong revenue streams. Accept credit cards and online payments.

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The Best Legal Billing Software for Large Firms in 2024

Clio

For large law firms, legal billing software is especially important for saving time, ensuring compliant billing processes , and driving profitability while managing many clients and cases at the same time. In the following blog post, we’ll explore how to find the best legal billing software for large firms like yours.