article thumbnail

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

LawSites

The company that acquired Tabs3, ProfitSolv, also last year acquired practice management company Rocket Matter and time-and-billing software TimeSolv. Exclusive: Bill4Time Launches Fully Integrated Electronic Payments (May 11, 2021). billion, making it the first law practice management company to achieve unicorn status.

article thumbnail

Clio Identifies Small Efficiencies That Can Add Up Big for Law Firm Revenue

Legal Tech Monitor

Law firms should instead consider emailing bills to clients instantly from billing software or through a client portal or app. Firms using online payment methods get paid twice as fast as those that don’t, according to the Legal Trends Report. Encourage clients to pay online.

article thumbnail

Law Firm Financial Management: A Guide for the Busy Lawyer

MatterSuite

Integrating Technology for Billing Efficiency: Embracing technology is key to streamlining billing processes and enhancing efficiency. Billing software designed for law firms can significantly streamline invoicing, payment tracking, and reporting.