Lawmatics

APRIL 2, 2024

Choosing the best legal software for business billing depends on various factors such as the size of the firm, specific needs, budget, and preferences. Fortunately, comprehensive legal billing software for small firms can track billable hours, generate invoices, and manage client accounts efficiently.

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Clio

DECEMBER 13, 2023

Reconciliation in accounting—the process of comparing sets of records to check that they’re correct and in agreement—is essential for ensuring the accuracy of financial records for all kinds of businesses. But just what do lawyers need to know about reconciliation in accounting? What is reconciliation accounting?

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Rocket Matter

MARCH 12, 2024

You get to advocate for justice, help people and businesses navigate complex legal challenges, and make a meaningful impact on society and your clients’ lives. Manual invoicing and those dreaded end-of-month billing processes can make accounts receivable a drag, though. Being an attorney can be infinitely rewarding.

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CaseFox

OCTOBER 19, 2023

Are you a solo lawyer or a small law firm looking for accounting software? The global accounting services market value is set to reach $868 billion by the year 2022. This means more and more people are getting inclined towards accounting software. In this blog, we will be exploring two of the most popular accounting software.

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CaseFox

OCTOBER 19, 2023

Are you a solo lawyer or a small law firm looking for accounting software? The global accounting services market value is set to reach $868 billion by the year 2022. This means more and more people are getting inclined towards accounting software. In this blog we will be exploring two of the most popular accounting software.

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Centerbase

JANUARY 29, 2024

Efficiency and precision are the hallmarks of legal billing software. But while most legal billing software can help you accomplish these goals, top-of-the-line legal billing tools go above and beyond with a comprehensive suite of features that transform the way your legal professionals handle your law firm billing.

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LawSites

FEBRUARY 15, 2023

The first of the two product announcements is a feature that uses artificial intelligence to translate client documents and then extract and label data from those documents which can then be used to auto-populate immigration forms. Once extracted and labeled, the client data (name, date of birth, etc.)

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Centerbase

DECEMBER 4, 2023

The most accurate records are found in an LPMS that integrates timekeeping, billing, and accounting data all in one platform. Leading LPMS platforms also integrate general ledger firm accounting and trust/retainer accounting in one platform. Your LPMS can help you create, manage, and update budgets seamlessly.

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Clio

APRIL 26, 2023

As a trusted legal professional, it’s important to understand Interest on Lawyer Trust Accounts (IOLTA) accounts and how they work. Law firms need to follow very specific rules on how client funds are handled, and maintaining an IOLTA account ensures you are compliant with ethical and legal obligations.

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Lawmatics

FEBRUARY 22, 2024

Legal billing software is a type of legal software designed specifically for law firms and legal professionals to manage and automate the process of billing clients for legal services. Legal billing software for small firms streamlines the billing workflow, making it easier, more efficient, and accurate.

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Rocket Matter

OCTOBER 25, 2023

Inaccurate timekeeping can result in profit loss due to underbilling, as well as disputes and damaged relationships caused by overbilling.”   As legal professionals work on various tasks, Rocket Matter Track provides a complete picture of the workday with no additional effort required.

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MatterSuite

AUGUST 22, 2023

Legal practitioners, lawyers, and paralegals can greatly streamline many administrative parts of law practice. They can achieve this through the use of certain types of legal software. One survey showed that 9 out of 10 attorneys said; adopting legal technology helped them improve their servicing abilities.

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Lawmatics

JANUARY 18, 2024

Legal billing is a fundamental aspect of the legal profession that ensures fairness, transparency, and accountability in financial transactions between attorneys and their clients. What is Legal Billing? What is Legal Billing? Why is Legal Billing Important? Different tasks may be billed at different rates.

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Legal Tech Monitor

JUNE 26, 2023

In what appears to be a first for a state bar association, The Florida Bar is providing each of its 110,000 members with free access to legal trust accounting software – a move its new president believes will help attorneys better comply with trust accounting requirements and better protect the public from trust violations.

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LawSites

MARCH 1, 2023

In a country known for having strict regulatory requirements for legal accounting, the CBA said that CosmoLex “checks all the boxes” for providing compliant accounting and LPM solutions. In fact, it originally launched in 2014 as a billing and trust accounting program, adding full practice management features later that year.

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Rocket Matter

AUGUST 15, 2023

Today, solo and small firms can take advantage of the latest tech tools designed to allow legal practices to track their expenses accurately and easily. It can also erode client trust and extend the billing process, which can impact your firm’s liquidity. Download free guide 2.

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LawSites

AUGUST 31, 2022

Today, we are seeing the fruits of two of those acquisitions, as MyCase rolls out legal accounting as a fully integrated feature of its platform, as well as a robust document automation integration. Read more about MyCase at the LawNext Legal Technology Directory. MyCase Accounting. Document Automation.

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Clio

MARCH 7, 2024

You’ve invested your time and expertise into resolving a client’s legal matter. You’re not alone—accounts receivable collection remains a major pain point for law firms. Clearly, plenty more needs to be done to improve the accounts receivable collection process. What are accounts receivable collections?

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Lawmatics

DECEMBER 7, 2023

Legal software is technology specifically designed to assist legal professionals in managing the various aspects of their work – document management, case management, time tracking, billing, and more. Let’s look at some frequently asked questions about legal software: What are the Types of Legal Software?

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CaseFox

MAY 31, 2023

In the ever-changing and advancing world of the legal industry, efficient and secure payment plays a crucial role. A Walk-Through Traditional Law Firm Billing Process If you are a legal firm, we are sure you know how tiring the traditional law firm billing process can be. This promotes trust building and enhances credibility.

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CaseFox

APRIL 12, 2023

According to a report by Zion Market Research, the global legal billing software market size was valued at approximately USD 849 million in 2020 and is expected to reach approximately USD 1,323 million by 2028, growing at a CAGR of around 5.8% As mentioned above, the legal billing software industry is expected to grow at a CAGR of around 5.8%

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Clio

JANUARY 30, 2024

Law firm data security should be a top priority for any practice, and here’s why: Clients trust you with their most confidential information. As a legal professional, it’s crucial to stay up to date with the latest legal technology. But, with technology constantly evolving, where do you start?

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Rocket Matter

FEBRUARY 6, 2024

12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? On your quest for the right payment processor, look for features that streamline and support the way law firms operate. Plus, with a client portal through your legal billing software, clients can keep their cards on file.

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LawSites

MARCH 1, 2022

The company also is adding new electronic payment capabilities through a partnership with Gravity Legal , a credit card and bank transfer acceptance platform specifically designed for law firms. The time-and-billing feature set will be offered to customers as an add-on to their subscriptions at an additional cost.

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Lawyerist

MARCH 3, 2023

Firms need to account for preferred timing, methods, and comfort levels of communication on the part of the clients. LEX Reception users get access to Setmore Pro as part of their account, but anyone can set up a free account at Setmore.com. Many lawyers begin their firm automation processes at client intake.

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Clio

OCTOBER 11, 2023

We were invigorated by the energy of our attendees and speakers alike, coming together to celebrate technological advancements that improve the legal experience for all. Jack extended a big round of applause while announcing this year’s winners—firms who embody our mission to transform the legal experience for all.

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Rocket Matter

JUNE 16, 2022

There’s a simple solution: a legal practice management software that does it all. While legal software tools have been around for decades, law firms’ software options have vastly improved since then. All-encompassing legal practice management software prevents redundancies. Redundant work wastes time, period.

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Clio

SEPTEMBER 26, 2023

The way that people want to pay for things—from everyday items to legal services—has shifted. In fact, according to the 2021 Legal Trends Report , the majority of consumers prefer electronic payment methods, with online payments being consumers’ top choice (66%), followed by automated payments (61%) and payments via mobile apps (61%).

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Rocket Matter

DECEMBER 14, 2023

for your clients to settle their bills with your firm? (Hint: the answer involves Rocket Matter Pay.) Why do legal clients pay late? Straightforward trust account management Rocket Matter legal trust accounting software makes trust accounting clear and convenient for all involved.

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MatterSuite

MARCH 5, 2024

Picture a legal department where routine tasks are automated, allowing legal minds to focus on complex issues. The potential is vast, but careful consideration is the key to unlocking the true benefits of AI in the legal realm. This blog serves as your guide through the maze of AI integration in legal settings.

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MatterSuite

NOVEMBER 20, 2023

Let’s explore the evolution of tech adoption in the legal sector, and guide you through the must-have upgrades for your firm. The Evolution of Technology in Law Firms To understand the importance of tech upgrades on Black Friday and Cyber Monday, let’s look at the historical evolution of technology in the legal industry.

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LawSites

FEBRUARY 27, 2023

With ABA TECHSHOW beginning Wednesday, you can expect several companies to introduce new products and features this week. First up is the online payments company LawPay , which today is announcing a new product tier, LawPay Pro, that enhances the standard LawPay electronic payments platform with the addition of legal billing features.

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Clio

MARCH 7, 2024

One of the first decisions business owners must make is what type of accounting method they’ll use to track their income and expenses. There are two main methods of accounting: accrual accounting and cash accounting. Rather, the long-term financial activities of the business are taken into account.

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Legal Tech Blog

OCTOBER 30, 2023

LexisNexis ® Legal & Professional , calling itself a leading global provider of information and analytics, announced general availability of Lexis+ AI for U.S. customers, a generative AI solution designed to transform legal work. Lexis+ AI offers industry-leading data security and attention to privacy.

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MatterSuite

JULY 25, 2023

In today’s fast-paced and digitally driven world, the legal industry is not exempt from the wave of technological advancements. Corporate legal departments, in particular, are increasingly turning to legal e-billing software to streamline their operations and improve efficiency.

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Clio

OCTOBER 11, 2023

We were invigorated by the energy of our attendees and speakers alike, coming together to celebrate technological advancements that improve the legal experience for all. Jack extended a big round of applause while announcing this year’s winners—firms who embody our mission to transform the legal experience for all.

e-filing 52

e-filing Injury Lawyer Estate lawyer Time-tracking 52

Centerbase

SEPTEMBER 12, 2023

PCLaw is sunsetting and won’t be migrating to the cloud, and this summer, the company suggested that users should transition to another solution, LEAP, a solution that offers automated legal forms, document management, and legal trust accounting tools. What are the drawbacks of using PCLaw?

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