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Commingling of Funds: What Lawyers Need to Know

Clio

According to the comments on this rule, this means that funds belonging to clients and third parties must be kept in trust accounts, and law firms must maintain books and records on those accounts. Even better is working with a payment processor designed for the legal industry.

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On Eve of ClioCon, Thoughts On the Legal Tech Industry from CEO Jack Newton

LawSites

Newton attributes the increase in collections to the broader use of electronic payments. At last year’s ClioCon, Clio introduced its own e-payments technology , Clio Payments, which Newton at the time called the most important product release since the company’s debut 13 years earlier. Remaining Client Centered.

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Tips to Elevate Your Billing in Clio

Clio

In fact, firms that collect 75% or more of their payments online collect half of their bills within three days of issuing them—five times faster than firms that don’t collect electronic payments at all. Having a link available to your clients alongside their bill can dramatically improve payment time.

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Digital Wallets for Lawyers: How to Accept Payment

Clio

Security and compliance considerations when implementing digital wallets It’s important for law firms to consider ethical questions surrounding any electronic payment methods before accepting them. We shared guidance on some of these questions in our guide to legal payments. Book a demo today to see it in action.

Lawyer 52
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Reflections on ReInvent Law Silicon Valley @ 10 Years – Part 1

LawSites

. – Dan Lear and Bob Ambrogi, series editors Dan Lear, Head of Marketing and Partnerships at Gravity Legal Dan Lear is head of marketing and partnerships at Gravity Legal, an electronic payments and money management firm built specifically for lawyers and law firms.

Law 59
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Reflections on ReInvent Law Silicon Valley @ 10 Years – Part 1

Legal Tech Monitor

. – Dan Lear and Bob Ambrogi, series editors Dan Lear, Head of Marketing and Partnerships at Gravity Legal Dan Lear is head of marketing and partnerships at Gravity Legal, an electronic payments and money management firm built specifically for lawyers and law firms.

Law 52