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Clients Are Spending More on Legal Tech: Can Smaller Firms Keep Up?

Attorney at Work

For practice management and case management systems, look for Service Organization Control 2 (SOC 2) compliance, which assures clients that your firm has the infrastructure, tools and processes in place to protect sensitive information from unauthorized access. Legal tech meets fintech.

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

LawSites

Paradigm — the parent company to practice management 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 Practice Management.

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

LawSites

Where are those tech dollars going? Most often to case management software, billing and invoicing software, and practice management software. Some of it is also going to non-legal specific tech, such as websites, hardware, and billing or accounting software. 2016 Survey.

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