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Thankfully, there’s a better way your firm can accept payments, and that is through an electronicpayment system. Electronicpayment 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 ElectronicPayments?
For practice management and casemanagement systems, look for Service Organization Control 2 (SOC 2) compliance, which assures clients that your firm has the infrastructure, tools and processes in place to protect sensitive information from unauthorized access. Legal tech meets fintech.
Flex Appeal: Payment Options in Abacus Payment Exchange. Legal consumers, like all consumers, prefer to pay via electronic means. They also appreciate flexibility in electronicpayment methods. APX allows law firms to offer that flexibility via a number of different payment applications.
Lawmatics , a company whose product provides client relationship management (CRM), client intake and marketing automation for attorneys, is now adding timekeeping and billing tools, with the goal of offering law firms a comprehensive platform with everything they need to manage their administrative sides.
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. LawSites also broke the news in July that MyCase had acquired casemanagement platform CASEpeer and document automation company Woodpecker.
Docketwise , a casemanagement platform for immigration lawyers, has now added built-in e-signature functionality. Shortly after that, MyCase was acquired by AffiniPay , the parent company of the electronicpayments platform LawPay. “We More about Docketwise on the LawNext Legal Technology Directory.
Most often to casemanagement software, billing and invoicing software, and practice management software. It is interesting that the survey appears not to have asked about electronicpayments technology — a technology whose use appears to have soared in recent years, according to other surveys.
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 electronicpayments platform LawPay.
Once launched, the sites connect to other tools within Clio to enable online appointment scheduling, client intake, electronicpayments and Google Analytics. Enhancements to Payments and Billing. Firms can use QR codes to facilitate in-person payment collection.
Electronicpayment systems create increased accountability and transparency for client payments. It can be all too easy for a piece of mail to go unopened for months, or for someone to have plausible deniability that they received an invoice at all.
On-top of time tracking and billing, Clio also has features to support robust casemanagement, task management, calendar rules, client communication features, and more. Clio Payments and some integrations are only available in certain countries. Solves for more than just billing. Cons: Geographic restrictions.
Clio Payments, integrated directly within your billing and casemanagement system, facilitates smooth, secure transactions while providing a smooth client experience. It also facilitates prompt payments.
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