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Best Law Firm Electronic Payment Processing Solutions

MatterSuite

Legal industry is undergoing a digital transformation, within which electronic payment processing is a driving concern. Key Considerations for Choosing a Law Firm Electronic Payment Processor The choice of the electronic payment processor is one of the key decisions for your law firm.

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The Top Benefits of Electronic Payments for Law Firms 

CaseFox

Process of billing and payment collection is not anyone’s favorite part. For some,it can be very daunting and time consuming. Thankfully, there’s a better way your firm can accept payments, and that is through an electronic payment system. What are Electronic Payments?

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Electronic Payments: How They Benefit Your Law Firm

Clio

When it comes to payments, is your firm giving clients the flexibility they desire and deserve? Electronic payments are essential if you want to provide an excellent client experience while increasing your firm’s efficiency and revenue. What are electronic payments? Electronic payments can take many forms.

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Safeguarding Against Commingling of Funds: Best Practices for Your Law Firm

Law Technology Today

Similarly, if the client paid a retainer that the firm bills against, timely withdrawal of earned fees becomes crucial to avoid commingling firm funds with client funds. Consequences of Commingling Funds Whether intentional or accidental, attorneys found to have commingled funds can face a variety of consequences.

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Project Management Essentials for Law Firms in 2023

Rocket Matter

To provide timely service to every client in a timely manner, clear ownership and deadlines for tasks are vital. . When your tasks are clearly organized, it’s easier to tell whether matters are on track. . Digital document management offers more than time-saving benefits, though. Electronic payments .

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Commingling of Funds: What Lawyers Need to Know

Clio

If a firm fails to withdr aw its earned fees in a timely manner, the firm is again commingling firm funds with client funds. If funds from multiple clients or third parties are in a single trust account, you must track the funds belonging to each client or third party. Want more Clio News?

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LawPay Introduces ‘Pro’ Tier to Bridge Features Gap Between Payments and Practice Management

LawSites

First up is the online payments company LawPay , which today is announcing a new product tier, LawPay Pro, that enhances the standard LawPay electronic payments platform with the addition of legal billing features. Time and expense tracking. Contact management.