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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.
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.
One of the most dynamic areas of legal tech right now is practicemanagement, which has seen a surge of investments and acquisitions over the past year. Since acquiring Headnote, it has integrated its e-paymentstechnology into both PracticePanther and Bill4Time, with plans to also add it to MerusCase.
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.
In fact, during 2022’s “Great Resignation,” a third of lawyers who quit their jobs did so to start their own solo practices, according to Legal Trends for Solo Law Firms , a report published today by law practicemanagement company Clio.
Way back in 2020, I wrote about how the pandemic had escalated the importance of electronicpayments as a feature of law practicemanagement software. More about Actionstep in the LawNext LegalTechnology Directory.
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. Other types of cloud software used by firms: Calendar management software, 44%.
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).
You might find this information shocking coming from the company that created the first online legal billing and law practicemanagement software… . You don’t need the most powerful software on the market to provide standout service to your legal clients. Electronicpayments . Task management .
One of the most dynamic areas of legal tech right now is practicemanagement, which has seen a surge of investments and acquisitions over the past year. Since acquiring Headnote, it has integrated its e-paymentstechnology into both PracticePanther and Bill4Time, with plans to also add it to MerusCase.
In a deal that is sure to shake-up the already hyperactive market for law practicemanagement software, AffiniPay , the parent company of the electronicpayments platform LawPay , has acquired the law practicemanagement company MyCase. ” Already, LawPay’s integration within MyCase is live. .
In October 2021, Clio , the law practicemanagement company, launched Clio Payments , native e-paymentstechnology built into the Clio Manage law practicemanagement platform — a launch that CEO Jack Newton described at the time as the company’s most important product release since its debut in 2008.
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. MyCase Accounting.
In fact, during 2022’s “Great Resignation,” a third of lawyers who quit their jobs did so to start their own solo practices, according to Legal Trends for Solo Law Firms , a report published today by law practicemanagement company Clio.
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