Payment processing

In the first two posts in this series, I have talked about the consolidation of ownership that has occurred in recent years for law practice management technology. Whereas this market was once characterized by a variety of competing companies, virtually all of the major products are now owned by one of six ownership groups. Part 2 provided a “scorecard” of
Continue Reading The Shrinking Ownership of Law Practice Management Technology (Part 3 of 4): Future Development and Market Opportunities

“You can’t tell the players without a scorecard,” yelled the hawkers of olden days at major league baseball stadiums. In the modern days of law practice management, that may still be true.
As I wrote yesterday in part one of this four-part series, the law practice management market has undergone dramatic consolidation, from what was once a robust marketplace
Continue Reading The Shrinking Ownership of Law Practice Management Technology (Part 2 of 4): A Scorecard of Who Owns What

Elite’s first proper London/Europe conference since it split from Thomson Reuters was a fairly packed affair last week, with its product updates, roadmap and client briefings well received by industry […]
The post Elite Vantage: The key takeaways as Elite’s message hits home appeared first on Legal IT Insider.
Continue Reading Elite Vantage: The key takeaways as Elite’s message hits home

Can AI help law firms stem revenue leakage and more efficiently turn their invoices into collected cash? That is the premise behind Oddr, a legal tech startup that recently launched what it says is the legal industry’s first AI-powered invoice to cash platform, centralizing law firm billing, collections, payments and reconciliation in a single product.
At the Legalweek conference
Continue Reading LawNext: Oddr CEO Milan Bobde On How AI Can Help Law Firms Stem Revenue Leakage and Turn Invoices into Cash

Silicon Valley-founded ‘invoice-to-cash’ startup Oddr is expanding into the APAC region with law firm consultancy firm Pickering Pearce as its implementation partner in the region.  Oddr was founded in 2022 by three […]
The post Oddr expands into APAC with Pickering Pearce as implementation partner  appeared first on Legal IT Insider.
Continue Reading Oddr expands into APAC with Pickering Pearce as implementation partner 

A common pain point for law firms is failing to track and invoice all reimbursable client expenses, resulting in losses to firm profits. A first-of-its-kind product being unveiled today by AffiniPay, the parent company of LawPay and MyCase, aims to solve that problem for smaller firms by marrying a business credit card for law firms to software that
Continue Reading First-Of-Its-Kind Credit Card/Software Combo from LawPay and MyCase Lets Law Firms Track Expenses Directly to Matters and Invoicing

AffiniPay, the parent company of a group of technology products for managing law practices and accepting online payments, including LawPay and MyCase, today announced the launch of AffiniPay IQ, its strategic initiative to embed generative artificial intelligence across all of its products and make AI a native component of legal professionals’ daily workflows.
AffiniPay is kicking off this
Continue Reading MyCase Unveils Its First Gen AI Tools As Parent AffiniPay Lays Out Plan to Embed AI Across All Its Products

Dru Armstrong was named CEO of AffiniPay, the parent company of LawPay, in July 2021. Less than a year later, AffiniPay shook up the legal tech landscape by acquiring MyCase, one of the leading law practice management platforms, in a deal that also included four other practice management products: CASEPeer for personal injury firms, Docketwise for immigration
Continue Reading On LawNext: AffiniPay CEO Dru Armstrong on the Intersection of Fintech, Legal Tech and AI

The law practice management company MyCase this week introduced a public API for easier integration with third-party software, as well as two new payments features that more tightly integrate LawPay within the MyCase platform.
By releasing a public API (application programming interface), MyCase is making it easier for customers to integrate the platform with other software applications and share data
Continue Reading MyCase Releases Public API For Easier Integration with Third-Party Software; Adds LawPay Reconciliation

The law practice management platform Filevine has added the build-in ability for law firms to accept electronic payments from clients, capping off its suite of time and billing capabilities in a new feature set it calls Time Tracking, Billing, and Payments.
The new Payments by Filevine allows firms to accept ACH, credit card and debit card payments, and to
Continue Reading Practice Management Platform Filevine Adds Native Payments Feature to Round Out Its Time and Billing

Over the past year, the sibling legal technology companies MyCase and LawPay have published a series of reports on law practice, including benchmark reports based on anonymized data from the two companies’ customers, as well as an in-depth 2022 year-end legal industry report, based on a survey of over 2,300 legal professionals. Together, they provide an in-depth look at
Continue Reading The Post-Pandemic State of Legal Practice, with Nicole Black of MyCase

Let’s face it, hourly billing is cursed in so many ways. But for the lawyers who bill by the hour, perhaps the greatest curse is simply have to keep track of their time. That is why several companies in recent years have developed passive timekeeping tools for lawyers — tools that keep track of a lawyer’s time even when the
Continue Reading Passive Timekeeping Can Earn A Lawyer An Extra $22K A Year, MyCase Data Analysis Shows

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