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Practice Management Platform Filevine Adds Native Payments Feature to Round Out Its Time and Billing

Above the Law - Technology

The law practice management platform Filevine has added the build-in ability for law firms to accept electronic payments from clients, capping off its suite of time and billing capabilities in a new feature set it calls Time Tracking, Billing, and Payments.

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Best Law Firm Electronic Payment Processing Solutions

MatterSuite

An ABA study found more than 60% of law firms still use paper checks as their main payment method. Legal industry is undergoing a digital transformation, within which electronic payment processing is a driving concern. Select a processor that is designed to meet the needs of law firms and is IOLTA-compliant.

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The Top Benefits of Electronic Payments for Law Firms 

CaseFox

When it comes to the payment for legal services that you offer, is your law firm giving the flexibility your clients want or deserve? Process of billing and payment collection is not anyone’s favorite part. For some,it can be very daunting and time consuming. But they are crucial for the law firm.

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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? Scheduled payments.

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Everything You Need to Know About Law Firm Revenue

Clio

It’s also an important metric for law firm owners to track —especially if you want to grow your firm and improve your profitability. But how do you know if your law firm’s revenue is enough to grow and scale your business? And how does your firm’s revenue stack up against the average law firm revenue?

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Payment Plan: Abacus Payment Exchange Offers Law Firms New Ways to Get Paid

Attorney at Work

Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for law firms. If queried, most law firms would point to March of 2020 as the point in time that everything changed. And when was the last time you held physical cash in your hand?

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

Law Technology Today

As a law firm, it’s crucial to be aware of the significant risk posed by the commingling of funds and take proactive measures to prevent it. Alternatively, you may use trust account funds to cover personal expenditures or firm expenses. Consider setting up separate trust accounts for individual clients in larger firms.