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The Top Benefits of Electronic Payments for Law Firms 

CaseFox

Process of billing and payment collection is not anyone’s favorite part. For some,it can be very daunting and time consuming. Thankfully, there’s a better way your firm can accept payments, and that is through an electronic payment system. What are Electronic Payments?

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Best Law Firm Electronic Payment Processing Solutions

MatterSuite

Legal industry is undergoing a digital transformation, within which electronic payment processing is a driving concern. Key Considerations for Choosing a Law Firm Electronic Payment Processor The choice of the electronic payment processor is one of the key decisions for your 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? Electronic payments can take many forms.

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Project Management Essentials for Law Firms in 2023

Rocket Matter

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… . Brace yourself. Really.) .

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

Law Technology Today

Similarly, if the client paid a retainer that the firm bills against, timely withdrawal of earned fees becomes crucial to avoid commingling firm funds with client funds. Consequences of Commingling Funds Whether intentional or accidental, attorneys found to have commingled funds can face a variety of consequences.

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New LawPay/MyCase Survey Provides Insights Into The Tech That Matters For Smaller Law Firms

LawSites

.” 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%.

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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. Automate your processes with technology One of the biggest pain points for law firms is that too much time goes to mundane tasks. Track (and optimize) your law firm’s key metrics Knowledge is power.