Stay up-to-date on all things legal technology, including practice management, payments, automation, and more.
Law firms that don’t accept credit card payments are leaving revenue opportunities on the table. However, choosing the right credit card processing service has its challenges, such as high transaction fees and integration inefficiencies.
Law firms have unique accounting requirements — like being bound to a code of ethics to account for any funds held in trust on behalf of clients. It’s important to keep these requirements in mind when selecting the proper legal accounting system to streamline your processes. As an example, law
With unique regulatory requirements, diverse billing models, and the need for precise financial management, law firms require a payment processing solution that’s tailored to their specific needs. A specialized attorney payment processing service, as opposed to a more generic solution, offers a host of benefits that go beyond mere transaction
Law firm compliance can be a burden to adhere to. But, legal practice management software (LPMS) goes a long way in alleviating some of the burden. It relieves you of the constant monitoring for regulatory changes, keeping your systems updated and ensuring that your firm is always in sync with
We’re excited to announce the Beta launch of our AI feature, Quick Summary, in CARET Legal. This feature takes the hassle out of digesting lengthy documents by providing firms with concise, yet comprehensive summaries. With just a quick glance, users can grasp the main points, critical insights, and key takeaways
Implementing clear legal billing guidelines is crucial for effectively managing client relationships and avoiding unnecessary disputes. No doubt you’ve heard the old phrase, “Harmony is achieved when everyone is singing from the same song sheet.” The same is true of billing – when everyone knows the rules, there are fewer
Relentless incrementalism embodies the concept of making consistent, gradual advancements in technology, recognizing that rapid innovation without proper integration can lead to inefficiencies and unrealized potential. As Voltaire once noted, “perfect is the enemy of good,” and this sentiment resonates deeply in the realm of law firm technology adoption. In
Referrals, and how much your attorney referral fees are, play a strategic role in increasing your law firm’s total profitability. Their importance extends beyond just expanding a firm’s clientele base, creating a ripple effect of benefits — from increasing the ROI of individual case types, to ensuring legal compliance and
Offering payment flexibility has become a paramount consideration for law firms. Clients increasingly demand options that align with their financial situations, and embracing attorney payment plans can be a strategic advantage.
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