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AffiniPay , the parent company of lawpracticemanagement company MyCase , has sold off the legal accounting software Soluno to another lawpracticemanagement company, Actionstep , in what the New Zealand-based Actionstep says is an important milestone for its expansion into the U.S. and Canadian markets.
It launched in 2017 to great fanfare, promising to “revolutionize legal services” through its dual-entity model of both a lawfirm and a technology company. LexisNexis FirmManager. By January 2017, LexisNexis said it was discontinuing sales of FirmManager , and, later that year, it shut it down entirely.
We wondered what tools or initiatives small firms might open their wallets for this coming year. So we asked our experts: What do you think small lawfirms should (or should not) be spending their technology dollars on in 2022? For 2022, it is time to review: What works, and what doesn’t?
Smokeball is a lawpracticemanagement software with document assembly capabilities. Smokeball has an unusual name, to be sure; but, it actually comes from a famous legal case , which just about every substantive law-loving attorney can appreciate. (I I love the smell of precedent in the morning.)
If you’re stuck with high lawfirm AR, a change of strategy could be past due. There’s no question that many lawfirms struggle to whittle away at their accounts receivable (AR), the outstanding amount that has been invoiced and not paid. Automate Processes Within Your Legal PracticeManagement.
The cloud-based lawpracticemanagement company ZenCase has named Olivia Mockel , a lawyer and legal technology executive, as its president and chief operating officer. “I am driven to help legal professionals become more efficient through innovative legal technology,” Mockel said in a statement announcing her hire.
My past Daily Record articles can be accessed here. ** Driving LawFirm Efficiency: Proven Productivity Tips In today’s ever-evolving world, technology has become a key differentiator for lawyers, driving productivity and profitability in a highly competitive market. hours per workday. Bankruptcy matters had the highest WIP (10.9)
It’s also an important metric for lawfirm owners to track —especially if you want to grow your firm and improve your profitability. But how do you know if your lawfirm’s revenue is enough to grow and scale your business? And how does your firm’s revenue stack up against the average lawfirm revenue?
Here is your chance to help pick the legal technology startups that will be selected for the sixth-annual Startup Alley at ABA TECHSHOW 2022. The 15 startups with the most votes will get the opportunity to be featured at TECHSHOW, which will be held March 2-5, 2022, both live in Chicago and virtually. 28, 2022, at 11:45 p.m.
You can also check out the most popular LawNext episodes of 2022 , of 2021 , of 2020 and of 2019. LexFusion’s Joe Borstein and Casey Flaherty on the 2022 Legal Market in Review. As ALSP Axiom Opens A LawFirm in Arizona, Its Chief Strategy and Legal Officer Catherine Kemnitz Shares Details. Top 15 of 2023 1.
Actionstep , a cloud-based lawpracticemanagement platform, has acquired the Australian practicemanagement company FilePro and its 4,000 lawfirm customers in Australia. In 2022, Actionstep acquired the Australian practicemanagement company LawMaster. ”
Lawfirms of all sizes are feeling pressure to meet client demand for both tailored services and greater efficiencies in this rapidly changing industry. Legal teams are being pressed to control costs and better respond to changing regulatory and risk management obligations. Trends to Watch in 2022. Rising cyberthreats.
Over the course of 2022, the principals of LexFusion conferred with 435 law departments and 250 lawfirms. On behalf of a group of curated legal innovation companies, it works with legal departments and lawfirms to help them understand how innovative products can benefit them. Thank You To Our Sponsors.
At its annual Clio Cloud Conference today, the lawpracticemanagement company Clio released the 2022 edition of its annual Legal Trends Report – its seventh year of the report. in mid-2022. Firms See More Business. Firms Benefit from Cloud Software.
If there has been one constant about the qualifications to own an American lawfirm, it has been this–you must be a lawyer. jurisdictions for decades has been that non-lawyers cannot own lawfirms. Whether or not you are an attorney, running a lawfirm is a huge challenge, but the right software can help.
Readers have been voting to select the 15 legal technology startups that will get to participate in the sixth-annual Startup Alley at ABA TECHSHOW 2022 , taking place March 2-5, 2022. The first and most awarded ODR platform – used by courts, corporations, lawfirms and more. Built by lawyers for lawyers. EmotionTrac.
A common pain point for lawfirms is failing to track and invoice all reimbursable client expenses, resulting in losses to firm profits. Launching initially for MyCase, and later in other AffiniPay products, MyCase Smart Spend provides lawfirms with a LawPay-branded Visa credit card for their attorneys and staff.
By creating efficient processes, you can increase satisfaction in your lawfirm. So let’s kick inefficiency to the curb as we wind up 2022 and prepare for your most efficient—and profitable and engaged—year by following these do’s and don’ts in 2023. . Maximize efficiency with Rocket Matter’s legal practicemanagement tools .
A legal industry report released today by the sibling legal technology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller lawfirms in the post-pandemic era. Other types of cloud software used by firms: Calendar management software, 44%.
Leading New Zealand lawfirm Anderson Lloyd has selected NetDocuments as its new document management system, swapping out ‘all in one’ practicemanagement system LawMaster, which in 2022 was acquired […] The post Legal IT Win: Anderson Lloyd selects NetDocuments appeared first on Legal IT Insider.
Earlier this month, at the NetDocuments three-day Inspire 2022 conference for customers and partners, one of the speakers was Jeff Pfeifer , chief product officer for LexisNexis for Canada, the U.K., For Pfeifer, it is all part of the vision he and LexisNexis have long espoused of data-driven lawpractice. .
As part of our commitment to delivering best-in-class client support, we're sharing the lessons we've learned in 2022—plus tips on how to apply them. 2022’s takeaways . Like any year, 2022 threw a unique set of challenges at the legal industry. As we enter the new year, lawfirms need to be prepared to surmount: .
One thing lawfirms of all sizes have in common? However, as a small or solo lawfirm with limited resources, the last thing you want to sink potential billable hours into is administrative tasks and paperwork. You can use legal practicemanagement technology to transform your process, eliminating pain points.
Actionstep , a cloud-based lawpracticemanagement platform, has acquired the Australian practicemanagement company FilePro and its 4,000 lawfirm customers in Australia. In 2022, Actionstep acquired the Australian practicemanagement company LawMaster. “We
The Problem… With a couple firm locations under his belt, Scurlock reached out to his account manager (AM) at Avvo and requested a focus change in lawfirm advertising to cover both Texas and Arkansas. His AM suggested the newest service, ProVantage, to increase his lawfirm’s marketing coverage.
ClioCon #legaltech #influence #accesstojustice pic.twitter.com/db1suA8lbE — Beau Atkins (@Beau_Atkins) October 11, 2022. In addition to learning better ways to use the Clio PracticeManagement Platform, particpants had access to a variety of educational sessions designed to make legal practice more profitable, efficient, and enjoyable.
AltFee Elevator Pitch: AltFee revolutionizes lawfirm pricing by offering a foundation for alternative fee structures. This system empowers firms to precisely assess and assign value to projects, vital in a landscape where AI/efficiency gains drastically shorten task timelines. We have small and midsize lawfirm customers.
The Problem… With a couple firm locations under his belt, Scurlock reached out to his account manager (AM) at Avvo and requested a focus change in lawfirm advertising to cover both Texas and Arkansas. His AM suggested the newest service, Complete Profile Plus, to increase his lawfirm’s marketing coverage.
Readers have been voting to select the 15 legal technology startups that will get to participate in the sixth-annual Startup Alley at ABA TECHSHOW 2022 , taking place March 2-5, 2022. The first and most awarded ODR platform – used by courts, corporations, lawfirms and more. Built by lawyers for lawyers. EmotionTrac.
AffiniPay , the parent company of lawpracticemanagement company MyCase , has sold off the legal accounting software Soluno to another lawpracticemanagement company, Actionstep , in what the New Zealand-based Actionstep says is an important milestone for its expansion into the U.S. and Canadian markets.
After retiring from FMC in 2014, he went on to work with Valorem Law, one of the earliest lawfirms to focus on making alternative fee arrangements the norm. Valorem became the progenitor of ElevateNext, the lawfirm affiliate of the global law company Elevate.
The lawpracticemanagement company Clio today introduced an offer to buy lawyers out of their contracts with competing practicemanagement platforms if they switch to Clio’s platform. The offer is good until July 31, 2022. To take advantage of the offer, a firm must: Be a new subscriber to Clio.
As a solo myself, I can tell you that there is much to be said for practicing on your own – freedom and independence not least among them. But there are also disadvantages to practicing alone and challenges unique to solo lawyers, as this latest report documents.
The lawpracticemanagement platform PracticePanther is today beginning a limited-time “ SwitchScription ” offer by which it will buy out lawfirms from up to seven months of their current practicemanagement contracts if they switch to PracticePanther.
If a lawfirm is unable even to decide whether its staff should return to the office, or when that return should happen, or how to structure that return, then how can that firm implement lasting and innovative changes in its technology infrastructure and systems? Consolidation continued in practicemanagement.
She is also managing attorney of her own firm, Laura Frederick Law , in Austin, Texas, where she focuses on drafting and negotiating vendor supply, services, and technology agreements. Practical Tips on How to Contract: Techniques and Tactics from an Ex-BigLaw and Ex-Tesla Commercial Contracts.
Silicon Valley-founded ‘invoice-to-cash’ startup Oddr is expanding into the APAC region with lawfirm consultancy firm Pickering Pearce as its implementation partner in the region.
The cloud-based lawpracticemanagement company ZenCase has named Olivia Mockel , a lawyer and legal technology executive, as its president and chief operating officer. “I ZenCase is a platform that allows lawfirms with advanced workflows to move to the cloud to increase productivity and efficiency.”
When Chris Cartrett was named CEO of legal technology company Aderant in 2022, he did so with the mission of aggressively advancing a cloud-first strategy throughout the company’s suite of business and financial software for lawfirms. We appreciate their support and hope you will check them out.
Now, an analysis of passive timekeeping data by the lawpracticemanagement company MyCase finds that lawyers who use passive timekeeping billed an extra 64 hours last year. This first report, published last week , looks at lawfirm productivity, using anonymized data from lawyers who are MyCase customers.
Last year, Rasa was selected as the 2022 Access to Justice winner at the American Legal Technology Awards. Also last year, the Utah State Bar honored Sudbury with its 2022 Distinguished Service Award and, in 2019, Utah Business Magazine named her its 2019 Woman of the Year. Last month, Inc.
Improve your time management strategy with these 5 tips To improve your time management strategy—and prioritize your tasks correctly—you need to see the big picture for your lawfirm: upcoming projects, client needs, lawfirm goals, and more. Download free guide 3. Move forward with Rocket Matter.
BY MATT REYNOLDS A majority of solo lawyers want flexibility to set their hours, but working irregular and extended hours could come at the expense of their mental health, according to Clio’s 2023 Legal Trends for Solo LawFirms report.
So what is an antifragile lawfirm and how does a firm become antifragile? They also talk about the tenth anniversary of ClioCon, Clio’s seventh-annual Legal Trends Report , the competitive landscape for lawpracticemanagement technology, and the future course of Clio, including whether an IPO is on the horizon. .
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