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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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The Good and the Bad of Solo Practice, Per Clio’s Latest Legal Trends Report for Solos

LawSites

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 practice management company Clio. The bad: They are much more likely than non-solo lawyers to work nights and weekends.

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Small Firm Lawyers Are Awash with Optimism about their Practices, Thomson Reuters Survey Finds

LawSites

Nearly six in 10 lawyers in small firms — which the survey defines as those of 29 lawyers or fewer — say they expect growth over the next 12 months in revenues per lawyer, billable hours, and profits per lawyer. Given this optimism, it should not be surprising that small firm lawyers consider themselves successful.

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Everything You Need to Know About Law Firm Revenue

Clio

According to the 2020 Martindale-Avvo Attorney Compensation Report , the average 2019 compensation for providing billable legal services for a solo law firm was $150,000 per year. Over 60% of small law firm lawyers expected high-to-moderate growth in revenues per lawyer, billable hours, and profits per lawyer.

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Paradigm, Parent to Three Practice Management Platforms, Acquired By Francisco Partners

LawSites

It began by acquiring Bill4Time in 2017, followed by PracticePanther in 2018, MerusCase in 2019, and Headnote in 2020. In February 2019, ASG merged the two companies to create a unified legal technology business under the name ASG LegalTech, naming as CEO Nettimi, who had taken over as PracticePanther CEO the prior October.

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

LawSites

The 2022 Legal Industry Report was compiled by the electronic payments company LawPay and the law practice management company MyCase, both of which are owned by AffiniPay , based on a survey of more than 2,300 legal professionals during August and September. Document management software, 43%.

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At Kick-Off of ClioCon, Clio Unveils No-Code Websites, Text Messaging, Enhanced Payments, and Advanced Third-Party App Integration

LawSites

As the Clio Cloud Conference kicked off in Nashville this morning – the conference’s 10 th anniversary and its first time live since 2019 – Clio founder and CEO Jack Newton took to the stage to deliver a keynote address, during which he announced several new products and product enhancements. Enhancements to Payments and Billing.