LawSites

DECEMBER 14, 2022

.” 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%.

Law firm 98

Law firm Electronic payment Document automation Practice management 98

Clio

AUGUST 21, 2024

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.

Law firm 98

Law firm Electronic payment Law Law 98

Lawyerist

AUGUST 1, 2024

Subscribers to Clio Manage track billable events, send invoices, receive electronic payments, and track trust account activities. All firm finances live in one place, making it easier than ever to see a clear, timely picture of how well the firm’s business is doing.

Law firm 72

Law firm Software Law Law 72

Attorney at Work

NOVEMBER 2, 2021

Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for law firms. If queried, most law firms would point to March of 2020 as the point in time that everything changed. And when was the last time you held physical cash in your hand? It’s been a while, right?

Law firm 101

Law firm Electronic payment Law Law 101

LawSites

MARCH 1, 2022

The company also is adding new electronic payment capabilities through a partnership with Gravity Legal , a credit card and bank transfer acceptance platform specifically designed for law firms. The time-and-billing feature set will be offered to customers as an add-on to their subscriptions at an additional cost.

Client Intake 98

Client Intake Electronic payment Time-tracking Practice management 98

LawSites

OCTOBER 26, 2021

” Integrated Payments. While Clio users already could accept electronic payments 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. ”

Electronic payment 119

Electronic payment e-records Time-tracking Document automation 119

Rocket Matter

FEBRUARY 24, 2023

For a law firm, client portals make it more likely that clients will pay their bills on time. Portals can support steadier liquidity for your firm while reducing the time it takes to follow up, and minimizing the need to have those awkward payment conversations with clients.

Time-tracking 98

Time-tracking Law Law Law firm 98

Clio

JUNE 14, 2023

If a firm fails to withdr aw its earned fees in a timely manner, the firm is again commingling firm funds with client funds. If funds from multiple clients or third parties are in a single trust account, you must track the funds belonging to each client or third party. Want more Clio News?

Lawyer 78

Lawyer Electronic payment Failure-to-appear Attorney 78

Lawyerist

OCTOBER 4, 2024

Getting paid as attorneys means that we keep track of the work we do, that we send appropriate invoices in a timely manner, and that we promptly follow up on overdue invoices. Fortunately, today’s web-based software makes those tasks faster and simpler than ever. Restart the paused timer later or turn it into a time entry.

Time-tracking 59

Time-tracking Mediator Electronic payment Attorney 59

LawSites

MARCH 21, 2023

LeanLaw’s cloud-based product provides IOLTA trust accounting, time and expense tracking, billing, matter management, electronic payments, and reporting. Based in Boise, Id., “We look forward to partnering with LeanLaw to help law firms operate smarter and improve their financial performance.”

Law firm 59

Law firm Electronic payment Time-tracking Law 59

LawSites

FEBRUARY 27, 2023

First up is the online payments company LawPay , which today is announcing a new product tier, LawPay Pro, that enhances the standard LawPay electronic payments platform with the addition of legal billing features. Time and expense tracking. Contact management.

Practice management 52

Practice management Electronic payment Time-tracking Compliance 52

Legal Tech Monitor

MARCH 21, 2023

LeanLaw’s cloud-based product provides IOLTA trust accounting, time and expense tracking, billing, matter management, electronic payments, 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.”

Law firm 52

Law firm Electronic payment Time-tracking Law 52

LawSites

AUGUST 23, 2021

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.

Prosecutor 131

Prosecutor Software Attorney Law firm 131

LawSites

JULY 13, 2022

LollyLaw , a cloud-based practice management platform designed for immigration lawyers, is today launching a native electronic payments 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.

Immigration lawyer 52

Immigration lawyer Electronic payment Time-tracking Practice management 52

MatterSuite

AUGUST 6, 2023

Leaving little time to focus on the critical aspect of running a successful law firm — financial management. Helping you stay on track to achieve your financial goals. Additionally, implementing efficient time-tracking systems and invoicing processes can help reduce delays in payment and improve your firm’s financial stability.

Law firm 52

Law firm Lawyer Time-tracking Law 52

Legal Tech Monitor

NOVEMBER 2, 2023

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?

Law firm 52

Law firm Electronic payment Law Law 52

LawSites

OCTOBER 26, 2021

” Integrated Payments. While Clio users already could accept electronic payments 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. ”

Electronic payment 52

Electronic payment e-records Time-tracking Document automation 52

Legal Tech Monitor

OCTOBER 30, 2023

Additionally, legal professionals on average are working over 25% more cases, recording 35% more billable hours, and billing and collecting over two and a half times more than they did in 2016. Based on its data, Clio said the time law firms spend adding small efficiencies is leading to significant long-term gains. The reason?

Law firm 52

Law firm Law Law Time-tracking 52

Clio

OCTOBER 10, 2023

At the same time, inflation rates have reached their highest levels in decades, putting firms in the tough position of trying to do more with less. This is the amount of revenue that is unbilled at any given time (also known as “work-in-progress lockup”). The key concepts in this metric are as follows: Realization lockup.

Law firm 52

Law firm Time-tracking Electronic payment Lawyer 52