Law Practice Management Suites

LeanLaw, a company that provides a financial operating system for small and mid-sized law firms, said today it has raised $4 million in a Series A financing round led by FINTOP Capital.
Based in Boise, Id., LeanLaw’s cloud-based product provides IOLTA trust accounting, time and expense tracking, billing, matter management, electronic payments, and reporting.
LeanLaw integrates and synchronizes
Continue Reading LeanLaw, Cloud-Based Legal Financial System for Law Firms, Raises $4M Series A Round

On this episode of LawNext, we take a closer look at Smokeball, the law practice management company whose roots are in Australia but that is firmly entrenched in the United States. In fact, after Smokeball was founded in 2010, its very first customer was a law firm in Chicago. 
Appropriately, then, it was in Chicago last week, during ABA
Continue Reading On LawNext Podcast: A Closer Look At Smokeball, with Chief Revenue Officer Jane Oxley and President Ruchie Chadha

ABA TECHSHOW kicked off in Chicago last week with its traditional opening event, the Startup Alley pitch competition, in which 15 legal tech startups present three-minute pitches in pursuit of top honors.
The winners of the competition (which I organize and emcee) are selected by popular vote of those in attendance in the audience, which votes registered via an app.
Continue Reading Here Are the Winners Of ABA TECHSHOW Startup Alley

Aiming to help law firms capture more client leads and streamline client intake, the law practice management company Smokeball is introducing Smokeball Intake, an intake workflow system integrated within its platform that is intended to provide potential clients with the kind of digital experience they expect from a modern law firm.
The new feature is currently being tested in beta
Continue Reading Smokeball to Expand Its Law Practice Management Platform With Addition Of Client Intake Feature

In a major win for the law practice management platform CosmoLex, it has entered into an agreement with the 36,000-member Canadian Bar Association to be the CBA’s exclusive preferred practice management software for members.
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
Continue Reading Canadian Bar Association Chooses CosmoLex As Exclusive Preferred Practice Management Software

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.
The additional features, such as time tracking and
Continue Reading LawPay Introduces ‘Pro’ Tier to Bridge Features Gap Between Payments and Practice Management

AbacusNext – which includes HotDocs, Abacus Payment Exchange (APX), AbacusLaw, Amicus Attorney and OfficeTools – has rebranded as CARET, uniting its accounting and legal product suite under one roof. Zola …
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Continue Reading AbacusNext rebrands as CARET, uniting its accounting and legal product suite

There is a saying that once is luck, twice is coincidence, and three times is a pattern. If so, then we now officially have a pattern of legal technology companies rebranding, as it has happened three times in the last three weeks.
The latest to rebrand is AbacusNext, a provider of software for legal and accounting professionals, which today is
Continue Reading In the Third Legal Tech Rebranding in Three Weeks, 40-Year-Old AbacusNext Rebrands as CARET

Even though these legal professionals are feeling stressed, they overwhelmingly agree that technology can help their firms adapt.
The post Stress Due To Understaffing Plagues Midsized Firms, Survey Finds, But Professionals See Relief In Tech appeared first on Above the Law.
Continue Reading Stress Due To Understaffing Plagues Midsized Firms, Survey Finds, But Professionals See Relief In Tech

At its LEX Summit user conference this week, the law practice management company Filevine made two major product announcements, and its CEO outlined a broad vision for incorporating AI throughout the company’s products.
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
Continue Reading Filevine Unveils AI-Driven Immigration Forms, Accounting Integration with Oracle NetSuite, and A Broad Vision for AI

Bessemer Venture Partners has acquired a majority stake in 2016-founded, Salesforce-based practice, case and legal business operations management platform Litify, which we’re told has now achieved profitability.  Bessemer’s previous legal technology investments …
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Continue Reading Bessemer Venture Partners acquires majority stake in Litify