Remove Electronic payment Remove Law firm Remove Time-tracking
article thumbnail

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.

article thumbnail

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.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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?

article thumbnail

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.

article thumbnail

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 .