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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.
The law practicemanagement company MyCase said today that it has acquired Docketwise , a software platform for immigration attorneys that provides casemanagement, immigration forms, and client-relationship management. As reported here on April 20 , the practicemanagement company Paradigm acquired LollyLaw.
The law practicemanagement company MyCase has quietly acquired two legal technology companies in recent months, without announcing the acquisitions to the public. On March 31, MyCase acquired CASEpeer , a casemanagement platform for plaintiffs’ attorneys. CASEpeer, founded in 2015 and based in Newport Beach, Calif.,
the percentage of in-house legal budgets spent on technology is expected to increase threefold by 2025 from 2020 levels as legal departments “increase spending on technology to reduce the dependency on outside counsel, address COVID-19, and satisfy a long-overdue need to modernize, digitize and automate legal work.”.
The law practicemanagement company Paradigm has acquired LollyLaw , a cloud-based, all-in-one practicemanagement platform designed for immigration law firms. Immigration-specific workflows to automate case lifecycles. So our software helps facilitate that.”.
As awful as was the year 2020 for so many reasons, my year-end report last year found reasons to be optimistic. The silver lining of 2020,” I wrote, “is that we have been forced to consider changes that were long overdue and then given the opportunity to implement those changes.”. It is as if we are serving time in a legal tech limbo.
According to the 2020 ABA Legal Technology Survey Report, 59% of lawyers surveyed were already already using cloud-based software pre-COVID. Notably, the results of another survey conducted by MyCase in mid-2020, showed the social distancing requirements of the pandemic have only served to accelerate this trend.
Lawmatics , a company whose platform provides client relationship management (CRM), client intake and marketing automation for attorneys, has closed a $10 million Series A financing round, it is announcing today. million seed round in October 2020. The financing follows the San Diego-based company’s raise of a $2.5 ”
Case Status , a mobile client portal and messaging platform with a primary focus on consumer law firms, has raised $5 million in a Series B round, bringing its total funding to over $11 million. . million in seed funding in 2020 and $750,000 in funding in 2019. Learn more about Case Status in the LawNext Legal Technology Directory.
XIRA , a platform for solo attorneys to get clients and manage their law practices, is introducing a variety of upgrades to its platform as well as changes to its pricing that includes elimination of booking fees for new clients and new subscription fees for its practicemanagement platform. ”
Since its formal launch in June 2020 , Lexicon has taken a unique approach to providing a solution to lawyers’ practicemanagement needs. With the market for practicemanagement software already crowded, a key way Lexicon distinguishes itself is by tightly integrating its software with complementary service offerings.
If queried, most law firms would point to March of 2020 as the point in time that everything changed. To that end, the company has launched its proprietary Abacus Payment Exchange, available across its suite of practicemanagement solutions (more on that momentarily). APX is a unique offering to the legal community in many ways.
This has continued to prove helpful for many attorneys, who appreciate the ability to tackle everything from legal research to casemanagement from the comfort of home. McBride reminds us that, prior to 2020, “it was uncommon to appear remotely for a hearing within the same state the hearing was to take place.”
When discussing legal tech as an industry, we often focus on horizontal solutions — research, document management, casemanagement, practicemanagement — that apply to law firms regardless of practice area. Practice-Specific Legal Software Solutions. These are the promised benefits of legal tech.
Since its formal launch in June 2020 , Lexicon has taken a unique approach to providing a solution to lawyers’ practicemanagement needs. With the market for practicemanagement software already crowded, a key way Lexicon distinguishes itself is by tightly integrating its software with complementary service offerings.
The survey finds that the top challenge small firms face is that of spending too much time on administrative tasks and not enough time practicing law. The average law firm attorney spends just 56% of their time practicing law, down from 58% in 2020. 2020 Survey. . 2020 Survey. Keeping up with competition.
How we’re unique: Starting from basic marketplace, Amazon+Uber for lawyers, approach, AppearMe is implementing machine learning to automate routine legal work, minimize errors and missed deadlines by targeting the $65B litigation support market and offering free casemanagement tools (a $1.1B Founded: 2/20/2020. Clause Logic.
Practicemanagement company MyCase has named Arman Samani , an executive with more than two decades’ experience leading product development and innovation at high-growth SaaS companies, as its chief product and technology officer. In September 2020, MyCase was sold for $193 million to private equity firm Apax Partners.
a live blog post of a College of Law PracticeManagement virtual event. Other elements of the system include online facilitation and digital casemanagement. See my blog post about my 2020 small claims court experience.) Litigation, ADR, ODR—The Next Normal? Note abbreviations: ADR = alternative dispute resolution.
As awful as was the year 2020 for so many reasons, my year-end report last year found reasons to be optimistic. The silver lining of 2020,” I wrote, “is that we have been forced to consider changes that were long overdue and then given the opportunity to implement those changes.”. It is as if we are serving time in a legal tech limbo.
Running a small law practice is as exciting as it is challenging. It requires juggling casemanagement, practice growth, and financial management, often all in a single day. From organizing your workflow to marketing your services, here’s how to make your practice thrive.
Lawmatics , a company whose platform provides client relationship management (CRM), client intake and marketing automation for attorneys, has closed a $10 million Series A financing round, it is announcing today. million seed round in October 2020. The financing follows the San Diego-based company’s raise of a $2.5 ”
Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms. Casemanagement and CRM integrations allow you to customize the digital experience. Finally, we plan to build integrations with e-discovery and practicemanagement products. Who are your competitors?
Catherine Sanders Reach (@catherinereach) is Director of the Center for PracticeManagement for the North Carolina Bar Association, providing practice technology and management assistance. She was Co-Chair of the 2020 ABA TECHSHOW Planning Board. Managing to-do lists. Tracking lawsuits.
In early 2020, the COVID-19 pandemic disrupted every aspect of our lives. Is this the most practical and productive setup for law firms, or will most firms choose something different? The attraction of continuing to work from home in a post-pandemic era is tough to ignore.
How we’re unique: Starting from basic marketplace, Amazon+Uber for lawyers, approach, AppearMe is implementing machine learning to automate routine legal work, minimize errors and missed deadlines by targeting the $65B litigation support market and offering free casemanagement tools (a $1.1B Founded: 4/1/2020. Clearbrief.
Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms. Casemanagement and CRM integrations allow you to customize the digital experience. Finally, we plan to build integrations with e-discovery and practicemanagement products. Who are your competitors?
Sponsored by Clio: Clio is a legal casemanagement software that work in partnership with the Law Society of England and Wales and is an approved supplier of the Law Society of Scotland. And I went through in 2020 a pretty terrible mental health episode. Have any questions? Thanks for listening! Something I personally support.
Sponsored by Clio: Clio is a legal casemanagement software that work in partnership with the Law Society of England and Wales and is an approved supplier of the Law Society of Scotland. You can also share this with your family and friends so they too can learn from one of the top business podcasts. Have any questions?
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