PracticePanther

The first two episodes of my new podcast, LawNext PR, have now been posted:

As I explained in a recent post, LawNext PR is a sponsored podcast series focusing exclusively on the latest news announcements coming out of the world of legal tech.
In each episode, we’ll interview legal tech companies about their breaking news – new products or
Continue Reading Now Available: First Two Episodes of the New ‘LawNext PR’ Podcast, Featuring Law Insider and PracticePanther

Even amid a highly variable and possibly decelerating U.S. economy, smaller law firms are showing greater optimism about their futures, as evidenced by the face that they are either maintaining or increasing their 2023 budgets across most key categories, according to a survey report released today.
More than 75% of firms are either maintaining their budgets or increasing their spending
Continue Reading Exclusive: Economic Optimism Among Smaller Law Firms Drives Increased Spending, But They Still Face Challenges Meeting Client Demands, New Survey Finds

I often consult with lawyers setting up a new solo or small firm practice. There are many items involved in setting up any new business – like applying for an employer identification number (EIN) and deciding on the best entity to use for the business.
But there are also aspects of setting up a law practice unique to the legal
Continue Reading What Technology Do I Need to Set Up a Solo or Small Firm Practice?

The law practice management platform PracticePanther is today beginning a limited-time “SwitchScription” offer by which it will buy out law firms from up to seven months of their current practice management contracts if they switch to PracticePanther.
“At PracticePanther, we believe that every law firm should be able to choose the solution that best serves the current needs
Continue Reading PracticePanther Will Buy You Out from Up to Seven Months of Your Current Practice Management Contract

The law practice management company Paradigm has acquired LollyLaw, a cloud-based, all-in-one practice management platform designed for immigration law firms.
The acquisition adds immigration software to Paradigm’s portfolio of law practice products that already includes the practice management platforms PracticePantherBill4Time and MerusCase; the payments platform Headnote; and the legal accounting software TrustBooks, which it
Continue Reading Practice Management Company Paradigm Acquires Immigration Case Management Software LollyLaw

Bobby Balachandran, founder and CEO of governance, risk and compliance company Exterro, has just been named LegalTech CEO of the Year in the Legaltech Breakthrough Awards. In a year in which so many legal tech companies have seen significant growth, it is a notable honor. But Balachandran is hardly resting on his laurels. He is already eyeing
Continue Reading On LawNext: Exterro’s Bobby Balachandran, ‘LegalTech CEO of the Year,’ On Leadership, Growth and Plans for an IPO

As text messaging increasingly becomes a preferred form of communication for many, the cloud practice management platform PracticePanther today said it has added built-in, two-way text messaging as a feature available to all customers at no additional cost.
Lawyers can provide the text number to clients for them to ask questions or upload documents or images, and firms can use
Continue Reading PracticePanther Now Includes Two-Way Text Messaging for Law Firms and Clients to Communicate

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.
A Reuters report valued the deal at $400 million, citing “people familiar with the matter.” Francisco Partners is also the largest shareholder in
Continue Reading Paradigm, Parent to Three Practice Management Platforms, Acquired By Francisco Partners

On this episode of How It Works: PracticePanther, a leading cloud-based law practice management software solution that serves tens of thousands of legal professionals in 170 countries.
PracticePanther offers features in case management, time tracking, billing, client intake, payment processing, calendaring, e-signatures, and more, all designed to empower lawyers to automate their practices.
Joining me to introduce PracticePanther and
Continue Reading How It Works: PracticePanther, Cloud-Based Law Practice Management Software

The practice management platform PracticePanther today introduced native e-signatures, enabling law firms to send and obtain signatures on documents from directly within the platform, a feature that could both save time for users and streamline tasks such as client intake.
The feature is available free to subscribers to PracticePanther’s Business Plan and requires no separate subscription to a third-party
Continue Reading PracticePanther Now Has Native E-Signatures

One of the most dynamic areas of legal tech right now is practice management, which has seen a surge of investments and acquisitions over the past year. And one of the companies that best represents that trend is Paradigm, which was founded two years ago as ASG LegalTech and rebranded this year as Paradigm, to represent its goal of
Continue Reading LawNext: How One Company Aims to Change the Paradigm for Law Practice Management

The pandemic has made it more essential than ever before for law firms to accept electronic payments. Clients who now pay everything else online have no appetite for lawyers who require paper payments. Plus, law firms that accept e-payments get paid faster and increase their collections, studies suggest.
Against this backdrop, the practice management platform Bill4Time is today unveiling
Continue Reading Exclusive: Bill4Time Launches Fully Integrated Electronic Payments

Not surprisingly, the pandemic drove greater use of electronic payments across all industries, with the volume of electronic payments up 11.2 % in the first quarter of 2021 over the prior year.
Law firms were no exception to this trend, as they realized that the old way of collecting payments via paper checks was impacting their cash flow, according to
Continue Reading Report: Law Firms that Adopt E-Payments See Speedier Collections, Increased Revenues