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Paradigm — the parent company to practicemanagement 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 PracticeManagement.
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 practicemanagement 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. Remote work is here to stay.
AbacusNext recognizes the value of epayments to law firms, which tend to get paid more and more quickly when utilizing that option, even accounting for payment processing fees. To that end, the company has launched its proprietary Abacus Payment Exchange, available across its suite of practicemanagement solutions (more on that momentarily).
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.
Most often to casemanagement software, billing and invoicing software, and practicemanagement 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.
To help with this process, we’ve rounded up some of the best legal billing software for large firms available today: Clio Clio’s cloud-based legal practicemanagement software offers a comprehensive solution that’s secure, efficient, and scalable—making it a practical, innovative choice for thousands of mid-sized and large firms.
It has been a notable year for the practicemanagement company MyCase , one in which it made four notable acquisitions of other practicemanagement products, and then itself was acquired by AffiniPay , the parent company of the electronicpayments platform LawPay.
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