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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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Electronic Payments: How They Benefit Your Law Firm

NSLT

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. The way that people want to pay for things—from everyday items to legal services—has shifted.

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Electronic Payments: How They Benefit Your Law Firm

NSLT

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. The way that people want to pay for things—from everyday items to legal services—has shifted.

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On LawNext: As LawPay Acquires MyCase, Our Exclusive Podcast Interview with the Two CEOs

LawSites

Dru Armstrong, who became CEO of AffiniPay in July 2021. 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.

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

LawSites

Paradigm says it has seen substantial growth in recent years as law firms have moved to cloud-based products, and that it currently serves 11,000 law firms. This news comes amid a period of unprecedented investment in law practice management technology. PracticePanther Now Has Native E-Signatures (June 3, 2021).

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Report: Law Firms that Adopt E-Payments See Speedier Collections, Increased Revenues

LawSites

Not surprisingly, the pandemic drove greater use of electronic payments across all industries, with the volume of electronic payments up 11.2 % in the first quarter of 2021 over the prior year. With e-payments, the time it took firms to collect invoices decreased by 20.4%, and their collections increased by 6.7%

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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. But how do you know if your law firm’s revenue is enough to grow and scale your business? And how does your firm’s revenue stack up against the average law firm revenue? Check out this post.