This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The law practice management company MyCase this week introduced a public API for easier integration with third-party software, as well as two new payments features that more tightly integrate LawPay within the MyCase platform. MyCase says that certified consultants are available to assist customers with implementations.
You can quickly create billing invoices and send them electronically to clients with Tabs3 Billing, accept electronicpayments with Tabs3Pay, and engage trust accounting, accounts payable, and a general ledger with Tabs3 Financials.
Legal industry is undergoing a digital transformation, within which electronicpayment processing is a driving concern. Key Considerations for Choosing a Law Firm ElectronicPayment Processor The choice of the electronicpayment processor is one of the key decisions for your law firm.
Thankfully, there’s a better way your firm can accept payments, and that is through an electronicpayment system. Electronicpayment is essential for law firms who want to provide the best experience to their clients and wish to increase the firm’s revenue. What are ElectronicPayments?
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. What are electronicpayments? Electronicpayments can take many forms.
Many firms find their current law practice management software (LPMS) lacking in depth of functionality, particularly in case management and financial reporting. Robust Software in the Cloud Enter Tabs3 Cloud, a comprehensive browser-based LPMS that addresses these issues head-on. What does ease of use mean?
This is where legal billing software comes in. Legal billing software streamlines many essential billing tasks for law firms—like tracking billable hours and expenses, creating invoices, and managing payment collections. What is legal billing software? It’s secure. It enriches a tech stack.
Mid-sized firms are investing in software, but lag behind in cloud-based LPM adoption For the average mid-sized law firm, staff salaries are the largest expense, making up 41% of total costs. Census industry estimateand puts a higher proportion of their expenses towards software than smaller firms. Census industry estimate.
With degrees in both law and business from the University of Chicago, she was previously CEO of Grace Hill, a company that provides software for owners and operators of real estate properties. Dru Armstrong, who became CEO of AffiniPay in July 2021.
Document automation software provides a centralized process of producing agreements, motions, pleading, contracts and other legal documents. The wide acceptance of electronicpayment methods in e-commerce is expanding rapidly across all segments of the economy, and the legal industry is no exception. Legal tech meets fintech.
.” In reaching this conclusion, the report drills down into the types of software that smaller firms are using and consider important, demonstrating that the majority of firms have moved to the cloud and are committed to technologies that facilitate remote working. Increased Adoption of Cloud Software. Accounting software, 40%.
Embracing digital tools, such as electronicpayment processing and trust accounting software , is highly recommended. Electronicpayment processing solutions, specifically designed for the legal industry, enable accurate tracking of transactions and prevent disruptions to your accounting.
And it’s only natural to assume that buying whatever project management software is popular at other firms you admire might help you meet that goal. . You might find this information shocking coming from the company that created the first online legal billing and law practice management software… . Electronicpayments .
Subscribers to Clio Manage track billable events, send invoices, receive electronicpayments, and track trust account activities. Its focused approach to simplifying accounting for law firms may appeal to those intimidated by traditional accounting software. But now that has changed.
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. Shortly after that, MyCase was acquired by AffiniPay , the parent company of the electronicpayments platform LawPay. “We
Originally called ASG LegalTech, Paradigm was formed by Alpine SG (ASG), a software platform company backed by Alpine Investors. “We are thrilled to announce this growth investment from Francisco Partners, which validates Paradigm’s strong position in the legal software ecosystem,” said Soumya Nettimi , CEO of Paradigm.
The good: Solos are ahead of the curve in cloud technology adoption, with 85% using cloud-based legal practice management software, compared to 55% of non-solos. Solos also are more likely to use online solutions for video conferencing, electronicpayments, website design, e-signatures, and data storage.
Aside from those payment processing fees, there are no additional charges for AbacusNext practice management users who want to activate APX in their software environment. Flex Appeal: Payment Options in Abacus Payment Exchange. Legal consumers, like all consumers, prefer to pay via electronic means.
The law practice management company MyCase this week introduced a public API for easier integration with third-party software, as well as two new payments features that more tightly integrate LawPay within the MyCase platform. MyCase says that certified consultants are available to assist customers with implementations.
” Integrated Payments. While Clio users already could accept electronicpayments through third-party companies such as LawPay, the new Clio Payments is a native solution fully integrated into the Clio platform, which makes the process of accepting and tracking payments far more seamless. ”
For example, you can use software like Clio Grow to automate your firm’s client intake process. Data from Clio’s 2022 Legal Trends Report further supports this—showing that firms that use cloud-based legal practice management software were 11% more likely to have strong revenue streams. Accept credit cards and online payments.
The company also is adding new electronicpayment capabilities through a partnership with Gravity Legal , a credit card and bank transfer acceptance platform specifically designed for law firms. He and CTO Roey Chasman , who first worked with Spiegel as a software engineer at MyCase, cofounded Lawmatics in 2017.
Digital technology tools can serve firms well in this regard, especially with respect to: Electronicpayment processing; and Trust accounting software. Even better is working with a payment processor designed for the legal industry.
Most often to case management software, billing and invoicing software, and practice management software. Some of it is also going to non-legal specific tech, such as websites, hardware, and billing or accounting software. Where are those tech dollars going?
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. Overall, only about 30% of solo and small firms have adopted any sort of LPM software.
LeanLaw’s cloud-based product provides IOLTA trust accounting, time and expense tracking, billing, matter management, electronicpayments, and reporting. Based in Boise, Id., The company says it will use the funds “to become a competitive challenger to legacy legal tech and to move forward with its fintech integrations.”
Here are some top tips for getting the most out of your client portal software. Make sure your workflows are set up using your client portal If your firm has relied on printed invoices for years, switching to ANYTHING digital can seem overwhelming.
Last month, AffiniPay , parent of the popular legal payments platform LawPay , named Dru Armstrong as its new CEO. With degrees in both law and business from the University of Chicago, Armstrong was previously CEO of Grace Hill , a company that provides software for owners and operators of real estate properties.
LeanLaw’s cloud-based product provides IOLTA trust accounting, time and expense tracking, billing, matter management, electronicpayments, and reporting. Based in Boise, Id., LeanLaw integrates and synchronizes with QuickBooks Online, which it says makes it an ideal option for small and mid-sized law firms that use QuickBooks Online.
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 Legal Technology Directory.
With LawPay having recently announced a new product tier, LawLawPay Pro, that enhances the standard LawPay electronicpayments platform with the addition of legal billing features, LawPay has now also announced a partnership with QuickBooks Online. Learn more about CASEpeer on the LawNext Legal Technology Directory.
First up is the online payments company LawPay , which today is announcing a new product tier, LawPay Pro, that enhances the standard LawPay electronicpayments platform with the addition of legal billing features.
LollyLaw , a cloud-based practice management platform designed for immigration lawyers, is today launching a native electronicpayments platform, LollyPayments. The new e-payments capability enables LollyLaw customers to collect and reconcile payments without having to switch between LollyLaw and third-party vendors.
Fortunately, today’s web-based software makes those tasks faster and simpler than ever. Using TimeSolv, you can quickly record billable events, add them to a professional-looking invoice, arrange billing and payment details, and send the client a bill with easy ePayment options. It’s as simple as that.
With degrees in both law and business from the University of Chicago, she was previously CEO of Grace Hill, a company that provides software for owners and operators of real estate properties. Joining Bob are: Dru Armstrong, who became CEO of AffiniPay in July 2021.
Increased Spending on Technology Among small and medium-sized firms, increases in spending are greatest in the area of technology and software, with 45% of firms (and 50% of solos) indicating that they are increasing their technology budgets, and 43% maintaining their prior year’s level. Improving firm finances. How do they do this?
Only 27% of mid-sized law firms reported using cloud-based legal practice management (LPM) software (compared to 73% of smaller firms surveyed). They are also less likely to use video conferencing, electronicpayments , e-signatures , and cloud-based data storage. Where does the data come from?
Only 27% of mid-sized law firms reported using cloud-based legal practice management (LPM) software (compared to 73% of smaller firms surveyed). They are also less likely to use video conferencing, electronicpayments , e-signatures , and cloud-based data storage. Where does the data come from?
Paradigm , the parent company to four legal practice management and payments products — PracticePanther , Bill4Time , MerusCase and Headnote — today adds a fifth, as it acquires TrustBooks , the cloud-based accounting software built specifically for law firms. “We also wanted a team that shared our culture.
Although it might feel comfortable to stick with the paper check or walk-in-to-pay system, there are numerous benefits to accepting e-payments. What Are E-Payments? Electronicpayments are payments your clients make to your firm through your website or online platform.
The good: Solos are ahead of the curve in cloud technology adoption, with 85% using cloud-based legal practice management software, compared to 55% of non-solos. Solos also are more likely to use online solutions for video conferencing, electronicpayments, website design, e-signatures, and data storage.
” Integrated Payments. While Clio users already could accept electronicpayments through third-party companies such as LawPay, the new Clio Payments is a native solution fully integrated into the Clio platform, which makes the process of accepting and tracking payments far more seamless. ”
However, keeping software updated is essential, as is being aware of phishing scams and regularly reviewing privacy policies for optimal security. Law firms can assure clients that their payment information is safe and secure by choosing payment providers with digital wallet functionality that comply with PCI DSS, such as Clio Payments.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content