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When it comes to payments, is your firm giving clients the flexibility they desire and deserve? Electronicpayments are essential if you want to provide an excellent client experience while increasing your firm’s efficiency and revenue. The way that people want to pay for things—from everyday items to legal services—has shifted.
In fact, legaltechnology is far more accessible and affordable than even two years ago. As a result, nimble small and medium-size firms can level the playing field and increase growth by understanding and leveraging technology. Legal tech meets fintech. And is it a game only BigLaw can play? Trends to Watch in 2022.
The good: Solos are on their own, which means they have more freedom to run their practices and their lives as they see fit, including being more innovative in implementing new forms of legaltechnology. The bad: As cloud technologies become more pervasive among solos, they are also becoming the norm among larger firms.
The ASG LegalTech brand came about after ASG acquired its first two legaltechnology companies, the time, billing and practice-management platform Bill4Time in 2017 and the practice-management platform PracticePanther in 2018 (which I covered here ). No Stranger to Legal Tech. 7, 2021).
You might find this information shocking coming from the company that created the first online legal billing and law practice management software… . You don’t need the most powerful software on the market to provide standout service to your legal clients. Sure, innovative legaltechnology can be useful when it’s implemented well.
A legal industry report released today by the sibling legaltechnology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller law firms in the post-pandemic era. Legal billing and time-tracking software, 42%. .” Document management software, 43%.
And one of the companies that best represents that trend is Paradigm , which was founded two years ago as ASG LegalTech and rebranded this year as Paradigm, to represent its goal of bringing about a paradigm shift for legaltechnology.
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.
This week marked the annual Legalweek show in New York, one of the world’s largest and most prominent legaltechnology conferences. Read more about Everlaw on the LawNext LegalTechnology Directory. Read about Storybuilder by Everlaw on the LawNext LegalTechnology Directory. Read more from Everlaw.
LeanLaw’s cloud-based product provides IOLTA trust accounting, time and expense tracking, billing, matter management, electronicpayments, and reporting. Learn more about LeanLaw in the LawNext LegalTechnology Directory. Based in Boise, Id.,
Docketwise says it is now the only legal immigration software platform that has e-signature technology natively within its platform, as opposed to integrating with a third-party signature technology. More about Docketwise on the LawNext LegalTechnology Directory.
Way back in 2020, I wrote about how the pandemic had escalated the importance of electronicpayments as a feature of law practice management software. It also eliminates the need for firms to use third-party payment providers to receive payments online from clients, which in some cases can create data silos and extra data entry.
LeanLaw’s cloud-based product provides IOLTA trust accounting, time and expense tracking, billing, matter management, electronicpayments, and reporting. Learn more about LeanLaw in the LawNext LegalTechnology Directory. Based in Boise, Id.,
In the latest episode of our video series How It Works , we learn about LawPay , the electronicpayments solution developed specifically to help law firms streamline billings and collections by providing a simple, secure way for legal clients to pay their bills online. How to run reports on payment activity.
In a deal that is sure to shake-up the already hyperactive market for law practice management software, AffiniPay , the parent company of the electronicpayments platform LawPay , has acquired the law practice management company MyCase. ” Related: Learn more about MyCase on the LawNext LegalTechnology Directory.
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. Users can create sites by filling out their information on a form and selecting a design.
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. Read more about MyCase at the LawNext LegalTechnology Directory.
Today, in its first international expansion of the technology, Clio released Clio Payments to the Canadian legal market, enabling its customers there to offer their clients electronicpayment options, including flexible payment schedules.
And one of the companies that best represents that trend is Paradigm, which was founded two years ago as ASG LegalTech and rebranded this year as Paradigm, to represent its goal of bringing about a paradigm shift for legaltechnology.
The good: Solos are on their own, which means they have more freedom to run their practices and their lives as they see fit, including being more innovative in implementing new forms of legaltechnology. The bad: As cloud technologies become more pervasive among solos, they are also becoming the norm among larger firms.
This week marked the annual Legalweek show in New York, one of the world’s largest and most prominent legaltechnology conferences. Read more about Everlaw on the LawNext LegalTechnology Directory. Read about Storybuilder by Everlaw on the LawNext LegalTechnology Directory. Read more from Everlaw.
Law firms looking to improve collection rates should consider online billing and payment options, according to new data from Clio’s 2023 Legal Trends Report. Firms using online payment methods get paid twice as fast as those that don’t, according to the Legal Trends Report. Adopt internal productivity tools.
To us, this anniversary provides as good an excuse as any to reflect on what has been an amazing decade for legaltechnology. Prior to Gravity Legal, Dan worked as director of industry relations for the legal marketplace Avvo and, before that, as a technology attorney. If we only knew what was to come!
To us, this anniversary provides as good an excuse as any to reflect on what has been an amazing decade for legaltechnology. Prior to Gravity Legal, Dan worked as director of industry relations for the legal marketplace Avvo and, before that, as a technology attorney. If we only knew what was to come!
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