Thursday, February 28, 2019

TECHSHOW LIVE: BOOK STORE

Stop by the the ABA TECHSHOW Book Store and learn of some of our new and upcoming legal technology books.

Ask questions, purchase copies, and get some expert insight to the latest legal tech topics!

The post TECHSHOW LIVE: BOOK STORE appeared first on Law Technology Today.

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source http://www.lawtechnologytoday.org/2019/02/ts-live-book-store-2019/

ClientPay Adds New Client-Centered, Security-Forward Accounts Receivable Features to Its Cloud-Based Payment Processing Solution for Law Firms

ClientPay Adds New Client-Centered, Security-Forward Accounts Receivable Features to Its Cloud-Based Payment Processing Solution for Law Firms

First-to-Market Upgrades Announced at ABA TECHSHOW Include Customization, New Efficiency, Billing Management Options

ST. PAUL, MN, February 28, 2019 – ClientPay (www.clientpay.com), the leading digital payment processing solution for legal and other professional services firms, announced today at the ABA TECHSHOW in Chicago (Booth @207) new innovative features for its cloud-based digital payment processing system that strengthen its award-winning technology. The new features are designed to make the accounts receivable process easier for law firms while offering them client-centered collection options that meet or exceed federally mandated security regulations for digital payment processing.

  • Bill Now: The Bill Now feature allows law firms to assemble thousands of outstanding invoices all at once, for distribution in a matter of minutes. Law firms can now reduce their need to be hands-on in their payment process and experience higher realization rates.
  •  eCheck Acceptance: Using the Automated Clearing House Network, ClientPay law firms can now offer clients the option to electronically pay with a check. Added as a first-to-market product enhancement in mid-2018, this payment option is easy, has lower fees, is secure, and is especially attractive to those law firm clients uncomfortable with or who lack access to a credit card.
  • Autoformatting and Accuracy Upgrades: Through an upgraded user interface and increasingly customizable payment forms, ClientPay’s new features eliminate many manual keystrokes previously required to process payments for increased efficiency and improved accounting performance.

All ClientPay features meet Payment Card Industry (PCI) Level 1 standards, the most rigorous security level available, ensuring that all cardholders’ private information remains protected.

According to ClientPay’s Vince Arnoldi, president and leader of product development, ClientPay is a proven, cloud-based solution that continues to save law firms countless hours and dollars after adopting its technology.

ClientPay’s innovative payment technology is already directly integrated in many of the leading matter management platforms including Thomson Reuters’ ProLaw, Elite 3E, Enterprise and Firm Central offerings; Rippe & Kingston’s Legal Management System; Devlos’ Soluno; and Aderant’s Expert. These direct integrations eliminate redundant data entry and allow legal accounting professionals to attach stored payment types and profiles to invoices and client files, which effectively streamlines legal accounting systems with payment software.

“ClientPay was developed with law firms in mind,” concluded Arnoldi. “It was not only built to improve accuracy in the billing process, accelerate cash flow and lower processing fees, but because it is integrated into matter management workflows – or other business-critical applications – that attorneys are already familiar with, it helps law firms achieve greater efficiency in the accounts receivable process.”

For more information, law firms may contact ClientPay at 1-855-299-0476 or visit www.clientpay.com.

About ClientPay
Based in St. Paul, MN, ClientPay is an award-winning technology solution developed to make life easier for professional service firms through innovations in digital payment processing. ClientPay has been acknowledged as an industry leader, having been awarded the Software and Information Industry’s (SIIA) Best Financial Technology Solution at the 2018 CODIE Awards in San Francisco. Through integrations with some of the legal industry’s top matter management platforms, ClientPay helps companies get paid faster and reduce write-offs all while eliminating billing errors. Learn more at: www.clientpay.com.

Press Contact:
Alison Hinderaker
Maccabee Public Relations for ClientPay
+1 612.337.0087

# # #

ABA TECHSHOW is an annual legal technology Conference and EXPO designed to bring lawyers and technology together for three days of CLE and networking. Presented by the ABA Law Practice Division, ABA TECHSHOW helps lawyers practice efficiently through the use of technology.

The post ClientPay Adds New Client-Centered, Security-Forward Accounts Receivable Features to Its Cloud-Based Payment Processing Solution for Law Firms appeared first on Law Technology Today.

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source http://www.lawtechnologytoday.org/2019/02/clientpay-adds-new-client-centered-security-forward-accounts-receivable-features-to-its-cloud-based-payment-processing-solution-for-law-firms/

ClientPay Partners with Soluno by Devlos to Seamlessly Streamline Legal Payment Processing for Law Firms

ClientPay Partners with Soluno by Devlos to Seamlessly Streamline Legal Payment Processing for Law Firms

ST. PAUL, MN, February 28, 2019 –ClientPay (www.clientpay.com), an award-winning digital payment processing solution for legal and other professional services firms, today announced at the ABA TECHSHOW in Chicago (Booth @207) its partnership with practice management solution Soluno by Devlos. The partnership furthers the integration of ClientPay’s innovative payment technology with Soluno’s intuitive time and billing system to provide a modern platform for streamlining legal accounting systems with payment software.

“ClientPay caters to the unique needs of law firms and the rigorous standards they must uphold when taking credit or debit card payments,” said Vince Arnoldi, president and leader of product development for ClientPay. “We are proud to work alongside Soluno to simplify this process and integrate our digital payment processing acceptance software with its matter management platform. Together we will provide law firms with an easier, faster and more secure experience.”

Devlos, one of the fastest growing legal matter management software providers in the United States and Canada, has been disrupting the legal industry since 2014 with its development of a next generation time, billing and accounting solution for law firms. Its latest software, Soluno, was developed to address the needs of small to medium-sized legal firms as an efficient alternative to repetitive and error-prone accounting tasks.

“ClientPay is an established industry leader in digital payment processing acceptance. We love the product’s overall mission of making life easier and know that our customers would be able to increase revenue by offering law firm clients a way to pay 24/7, making life easier for everyone involved,” said Alan Tuback, co-founder and operations lead at Devlos.

The integration of ClientPay and Soluno is underway and currently scheduled to be available to law firms in the second half of 2019. For more information, law firms may contact ClientPay at 1-855-299-0476.

About Devlos
Devlos Software Inc. is the proud creator of the time, billing, and accounting software; Soluno. Devlos was founded in 2014 with the goal to produce an integrated accounting package designed exclusively for law firms and their unique challenges. Devlos was built on a foundation of innovative technology and a people-first philosophy that prioritizes streamlined systems and superior customer experiences. Since the product was launched in October 2017, Soluno has grown to support over 400 users with their legal businesses in both the United States and Canada. Learn more at: www.soluno.legal.

About ClientPay
Based in St. Paul, MN, ClientPay is an award-winning technology solution developed to make life easier for professional service firms through innovations in digital payment processing. ClientPay has been acknowledged as an industry leader, having been awarded the Software and Information Industry’s (SIIA) Best Financial Technology Solution at the 2018 CODIE Awards in San Francisco. Through integrations with some of the legal industry’s top matter management platforms, ClientPay helps companies get paid faster and reduce write-offs all while eliminating billing errors. Learn more at: https://www.clientpay.com.

Press Contact:
Alison Hinderaker
Maccabee Public Relations for ClientPay
+1 612.337.0087

# # #

ABA TECHSHOW is an annual legal technology Conference and EXPO designed to bring lawyers and technology together for three days of CLE and networking. Presented by the ABA Law Practice Division, ABA TECHSHOW helps lawyers practice efficiently through the use of technology.

 

The post ClientPay Partners with Soluno by Devlos to Seamlessly Streamline Legal Payment Processing for Law Firms appeared first on Law Technology Today.

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source http://www.lawtechnologytoday.org/2019/02/clientpay-partners-with-soluno-by-devlos-to-seamlessly-streamline-legal-payment-processing-for-law-firms/

What Law Firms Can Learn from The Fortune 500

Law firm first, business second. At least that’s how it can feel when your heavy caseload makes it nearly impossible to focus on back-office operations. With li2mited time to work on the business side of things, the systems, processes, and people you put in place can mean the continued success of your practice or, in the worst case scenario, contribute to its downfall.

If you’re like many attorneys, you may only have an hour or two each week to spend on your business, so where should you begin? What should you prioritize? A few clues may be found on the Fortune 500 list. These widely respected and highly profitable companies continually invest in the following resources and tools to promote growth:

They Invest in Online Marketing

Now, we won’t sit here and tell you that you need a website. You already know that, but a new study released last month helps to shed some light on just how important it is to keep your website dynamic. The study found that 81% of those surveyed think less of a brand if its website is not updated. Also, 39% of respondents stated that they would think twice about using a product or service if the website isn’t kept current. It’s no surprise that some of the fastest growing teams in successful companies have been in the digital space (think content marketing, user experience, social media, etc).

The Takeaway: Each week commit to spending at least half an hour on your website. You might spend the time writing a new blog post or even checking Google Webmaster Tools for any sudden drops in traffic or crawl errors. Not comfortable doing either? Don’t ignore your website. Look for the right professionals to help—experience in legal marketing, impressive portfolios, and proven results are all must-have credentials.

They Use CRMs

A great website can help to bring in new leads, but it can’t close deals. That takes regular follow-up, relationship-nurturing, and excellent organizational skills which is why many companies rely on the help of a Customer Relationship Management (CRM) tool. At the most basic level, a CRM is designed to help organizations manage interactions with prospects and clients. These platforms can help you track referral sources, efficiently manage your pipeline and even forecast your quarterly revenue. Over the past few years, a number of CRMs have been developed for busy law firms so there is no shortage of options when it comes to finding a tool to help you stay organized and boost your bottom-line.

The Takeaway: The CRM is a perfect example of a tool that most attorneys don’t learn about in law school, but really should. If you don’t yet have one in place to manage your pipeline, explore your options and make implementation an H1 goal.

They Worship Data and Rely On Reporting

During a recent strategy meeting I attended at the offices of a leading fintech provider, there was some disagreement about the best way to proceed. As the team looked to the leader of the group, he calmly replied, “show me the data and then we’ll decide.” In today’s world where data is abundant and accessible, business decisions should never be made without it. Yet this isn’t always the case in law firms, where productivity and business data can be buried in disjointed applications or legacy systems.  making quick retrieval difficult. Sometimes, the help of a third party is required.

Can you quickly pull together billable hours and realization rate by timekeeper? Are you able to see realized and unrealized revenues from matters introduced by specific referral resources? Can you pull reports like an Accounts Receivable Aging Summary, filtered by practice area or responsible attorney, in 30 seconds flat?

If you answered no to any of the above, it’s time to rethink your reporting options and seek a new solution that helps you get to your data faster so you can make better decisions. To ensure you can see productivity reports in addition to the standard accounting data, look for an end-to-end practice management solution with a built-in CRM, timekeeping and comprehensive accounting tools.

The Takeaway: What isn’t measured can’t be improved. Take some time to identify gaps in your firm’s data. Which numbers can’t you access on your own? What data would have been helpful to you in the past year? Once you have your list of non-negotiables, set out to find a practice management solution that makes data accessible to all of your firm’s stakeholders with the touch of a button.

They Prioritize Accessibility and Flexibility

With a workforce that is demanding more flexibility, a long list of Fortune 500 companies have invested in making their systems and software accessible from anywhere in the world. Law firms have been slower to embrace remote access, and the solutions that have been adopted (remoting into your office desktop, for example) aren’t ideal. To ensure that you have access to all of your cases and business data, you need to embrace the cloud.

The Takeaway: The cloud isn’t something to fear. Look for a cloud-based practice management solution that allows you to access all of your matters, contacts, emails, and documents from your cell phone or another office.

They Are Proactive About Cyber Security

Last year alone, we saw a long list of industry giants, including Starwood, Facebook and Under Armour, fall victim to massive data breaches. These incidents not only harm a brand’s reputation, but they can also seriously affect its bottom line, which is why companies are doubling down on their teams and systems dedicated to protecting data. Law firms are also at risk and far too many have been slow to rise to the challenge.

Now I realize that few attorneys can be expected to become cybersecurity experts; all, however, should understand the threats and have a basic understanding of where their data is stored and what their vendors (IT consultants and/or third-party software providers) are doing to keep their data safe.

The Takeaway: When it comes to cybersecurity, your firm can’t afford to be reactive, it must be proactive. With so much information stored in your practice management software, be sure to start there. If you have on-premise servers, how often are they updated and monitored for threats? What happens if there is a flood in your office that damages the server? With so many threats and constantly evolving technologies to contend with, you might consider hiring an expert to perform regular security audits

Cloud-based solutions also present unique challenges and you’ll want to ask any vendor about their disaster recovery plan and where their servers are located. Also, inquire about redundancy, brute force attack countermeasures and make sure all of your documents, and critical data, are encrypted. Complete audits, by cybersecurity experts, should be performed on a regular basis to ensure ongoing best-practices are in place for all of your systems.

Author:
Fred J. Cohen, JD is a former practicing attorney and founder and product architect of Zola Suite, a leading cloud-based practice management application.

The post What Law Firms Can Learn from The Fortune 500 appeared first on Law Technology Today.

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source http://www.lawtechnologytoday.org/2019/02/what-law-firms-can-learn-from-the-fortune-500/

Optimize Local Counsel Management

Managing local counsel and assembling their billing is a time-consuming challenge. Manual entry and non-compliant billing cause delays in the legal billing process, with both lead and local counsel losing time, productivity, and ultimately, profit.

Without accurate and organized systems in place to manage the local counsel billing process, attorneys can expect to continue to lose out on revenue and un-billable administrative time.

However, optimizing local counsel management is now made easier than ever before by using “Moneyball-like” legal analytics solutions. These solutions allow law firms to collect, review, and process local counsel billing with ease and efficiency.

Limiting Local Counsel Access

The Association of Corporate Counsel notes that “local counsel will help you with knowledge of local rules, court systems, judges and potential jury considerations,” and that “[e]specially in cases with higher monetary stakes, local knowledge and insight concerning the public’s perception of plaintiffs and defendants could be invaluable.”

However, managing local counsel billing can present troubling issues. For example, in order to maintain confidentiality and prevent extensive conflicts checks and approvals, lead counsel should limit and assign only specific matters in their billing systems for local counsel eyes.

In the same article, the ACC suggests separating matters avoids such inevitable issues, if the lead law firm operates using efficient roll-call systems to organize and distribute information.

Moreover, local counsel must be able to conveniently access and provide their billing entries without disrupting, interfering with, or prolonging the billing process.

Automatically Standardize Entries

The ACC also suggests that law firms can achieve a significant degree of savings by standardizing the local counsel management process, and including as to billing.

In fact, differing processes for billing rules compliance, differing notions of what a reasonable charge for services looks like, and differing approaches to coding of entries can create difficulties for local counsel, lead counsel, and their mutual clients.

However, with the rise of AI and machine learning technologies, law firms can take advantage of the opportunity to automatically standardize time and expense entries using their existing legal matter management and systems.

Receive Local Counsel Billing in Real Time

To address these challenges, EffortlessLegal offers BillerAssist LEDES Edition, a 2019 ABA TECHSHOW StartUp Alley FinalistBillerAssist LEDES Edition uses the latest in Artificial Intelligence and machine learning technologies to boost profits for lead and local counsel alike.

In addition to the app’s other features, law firms using BillerAssist LEDES Edition can add local counsel to:

  • Log time and expense entries for only specific clients and matters
  • Automate the bill review process
  • Set rules to automatically clean up entries
  • Automate and standardize UTBMS/LEDES codes
  • Connect to existing billing software without migration or installation
  • Increase realization and collection rates for both lead and local counsel

This allows law firms to easily and efficiently collect, review, and process local counsel billing, with zero hassle for the client.

In addition, the app allows its law firm users to add local counsel without any additional cost.

Reaching maximum productivity includes standardizing automatic time and bill expenses using the latest in AI and machine learning technology, including as to local counsel.

Law firms can now easily optimize local counsel management by using BillerAssist LEDES Edition to organize and assign matters in real-time, while also substantially reducing legal bill review and processing.

Learn more at EffortlessLegal.com, and come by our booth in StartUp Alley for a free demo!

This is a guest post from EffortlessLegal. Visit them at ABA TECHSHOW in the StartUp Alley at Booth #4 and learn more about the Conference

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source http://www.lawtechnologytoday.org/2019/02/optimize-local-counsel-management/

Wednesday, February 27, 2019

Orion Law Management Launches Orion 5 at ABA TECHSHOW in Chicago

Orion Law Management Launches Orion 5 at ABA TECHSHOW in Chicago

New Technology Includes Major Enhancements for Prebilling, Conflict Avoidance, Tracking and Reporting, and iOrion Integrations with Major Map and Rideshare Apps

ATLANTA, GA, February 27, 2019– Orion Law Management Systems, Inc. (“Orion”)(www.orionlaw.com), a leading provider of Financial and Practice Management software for law firms, officially launches Orion 5 at the ABA TECHSHOW in Chicago (booth#731).  Orion 5 marks a significant leap forward for Orion’s technology, including hundreds of new features and improvements to both Orion desktop and iOrion® mobile platforms. Orion 5 updates are available free of charge to all Orion maintenance customers.

Highlights of Orion 5 include:

  • ePrebill Manager.  Officially launched at Legaltech New York one month ago, Orion’s ePrebill Manager provides a complete electronic workflow system for managing the prebilling process. Customers using either Orion Desktop and iOrion mobile app via tablet can eliminate paper from their prebill process with ePrebill Manager’s digital tools to route, annotate and finalize invoices as well as track write-downs and realization figures.
  • Conflict Avoidance and Client/Matter Intake Enhancements. Realizing that conflicts of interest can be a tedious and high-risk process, Orion adds significant functionality to its intake and conflict avoidance system. Users can now easily copy and paste names directly into the Matter intake form or import them from a text file. Orion’s Conflicts search scope has been expanded to include prospective clients and involved parties.  Formal searches conducted during a lateral hire are also incorporated.
  • Attorney Assignment History Tracking & Reporting. Orion recognized that its law firm customers needed greater specifics in record-keeping for attorney assignments. Orion 5 now assigns an Effective Date for the Originating, Managing, Project Manager and Responsible Attorney designations. Originating and Project Manager field assignments can be split and their evolving roles can be tracked over time. Revenue-related reports now offer Assignment History and Effective Dates for greater transparency and more accurate chronology of events.
  • Reserved Word Enforcement for e-Billing. Orion integrates with many e-billing tools and has now made these integrations stronger by expanding its billing guidelines management with Reserved Words Enforcement. Users assign a reserved word set to a particular matter and, as a fee description is entered, the entry is scanned for words, phrases and punctuation that have been red-flagged by the e-billing software. Disallowed language can then be automatically replaced or manually corrected.
  • iOrion 5 Integration with Maps and Rideshare Apps.  iOrion is a complete financial management mobile app allowing legal professionals to access data from Orion using any recent-model Apple iOS® or Google Android® device. Users with iOrion 5 can now request a rideshare using Uber or Lyft as well as get directions using Apple® Maps, Google Maps™ and Waze™.

For a complete list of Orion 5’s new features, improvements and enhancements, download the brochure here. For more information or to schedule a demo, email info@orionlaw.com.

About Orion Law Management Systems, Inc.

Founded in 1985, Orion Law Management Systems, Inc. is dedicated to providing law firms with proven law practice management software. Utilizing a complete practice management approach, Orion is a fully integrated law management system employing the very latest in reliable technology. Orion centralizes your Financial Management, Firm Management and Practice Management delivering the competitive advantage that law firms need to succeed. Orion Law Management Systems, Inc. is headquartered in Atlanta.  For information visit www.orionlaw.com, call 1.800.305.5867, email info@orionlaw.com or follow us on Twitter @Orion_Law.

Contact:
Christy Burke
Burke & Company
(917) 623-5096
cburke@burke-company.com

# # #

ABA TECHSHOW is an annual legal technology Conference and EXPO designed to bring lawyers and technology together for three days of CLE and networking. Presented by the ABA Law Practice Division, ABA TECHSHOW helps lawyers practice efficiently through the use of technology.

The post Orion Law Management Launches Orion 5 at ABA TECHSHOW in Chicago appeared first on Law Technology Today.

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source http://www.lawtechnologytoday.org/2019/02/orion-law-management-launches-orion-5-at-aba-techshow-in-chicago/

Girl Gets $75K for Mechanical Dinosaur Injuries

Witnessing a dinosaur egg hatching must be a magical moment. Until, that is, you're punched on the chin by a mechanical arm.

That's what happened to a young girl visiting Universal Orlando in 2013, and she and her family finally settled a lawsuit against the theme park, for $75,000.

Jurassic Lawsuit

According to Orlando Weekly, the child was struck on the chin by a mechanical arm on the Dinosaur Egg Scanner attraction at Universal's Jurassic Park land: "The device was part of a display that offered display of fake dinosaur eggs 'hatching,' and visitors could pull a level to scan some of the eggs, which would result in a simulated scan image of a baby dinosaur on a screen." Universal claimed the scanner machinery was manufactured by a third party, but ultimately agreed to settle the case.

The settlement payments will be made into an annuity fund for the girl, referred to only as "L.M." in court filings. Only she (not her parents) will be able to access the funds, and not until 2027, when the fund will be worth an estimated $98,000.

Legal Themes

Suing theme parks for injuries can be tricky. Many require guests to sign liability waivers that assert the park will not be legally responsible for any injuries. They may also argue that patrons have come for a little bit of danger, and have assumed the risk of any injuries they sustain. Still, as a public attraction theme parks are legally required to take reasonable steps to assure the safety of the premises for guests. And most parks prefer to avoid the bad publicity of an on-site injury lawsuit, so they are often more likely to settle out-of-court.

If you have questions about injuries sustained at a theme park, or park liability in general, contact a local personal injury attorney.

Related Resources:

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source http://blogs.findlaw.com/injured/2019/02/girl-gets-75k-for-mechanical-dinosaur-injuries.html

TECHSHOW LIVE: START-UP COMPETITION

Back for the third year, TECHSHOW brings you the startup competition showcasing 15 innovative legal startups. The startups will face off in a pitch competition – judged by TECHSHOW attendees – to pick the most innovative startup.

The startups will also be featured in the EXPO Hall during TECHSHOW in the StartUp Alley. Don’t Miss it!

LOCATION: Expo Hall 5:00pm – 6:00pm

 

The post TECHSHOW LIVE: START-UP COMPETITION appeared first on Law Technology Today.

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TECHSHOW Live: Registration Desk

The ABA TECHSHOW 2019 Registration Desk Has Officially Opened! Stop By Now To Pick Up Your Official ABA TECHSHOW Bag, Attendee Creditials, and Program Guide!

 Registration Desk Hours:

Wednesday, February 27
2:00p.m. – 6:15 p.m.

Thursday, February 28
7:00a.m. – 5:00 p.m.

Friday, March 1 
7:00a.m. – 5:00 p.m.

Saturday, March 2
7:00 a.m. – 11:00 a.m.

See You There!!

The post TECHSHOW Live: Registration Desk appeared first on Law Technology Today.

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Increase Revenue and Profits with BillerAssist’s AI and Machine Learning

What metrics does your firm use to determine efficiency and profit? Two commonly used metrics are “realization rate” and “collection rate.”

According to the 2018 Legal Trends Report, “realization rates” are the number of billable hours actually invoiced in relation to hours logged, and “collection rates” are the number of hours invoiced in relation to hours actually paid. This 2018 study found that realization rates average 81%, and collection rates average only 85%.

This means law firms are missing out on 31.2% of hours expended.

Let’s say a firm has 1000 hours logged in its time tracking system for a given month. At $200 per hour the firm would be owed $200,000. But the average realization rate of 81% means that only 810 hours actually get billed. Then with an average collection rate of 85%, the law firm only collects 688.5 hours. At $200 per hour that totals to $137,700. This means a loss of $62,300!

Why Would a Firm Bill for Less Time Than It Actually Performed?

There are often several factors that weigh on realization rates, including:

  • A junior attorney who is less efficient spent more hours than is reasonable
  • Accidental duplicate work
  • Accidental time entries, such as an entry for “4.0” when “0.4” was intended
  • A senior attorney performing junior attorney tasks

Why Are Collection Rates So Low?

Clients who are solvent may not pay the full amount billed for many reasons.

  • The description of work done is vague
  • The time spent appears to be too high
  • Previous billing has been inaccurate, and the scrutiny level is higher and trust level is lower
  • The description of entries has typos or is poorly written

How Does BillerAssist’s AI Solve These Problems?

BillerAssist from Effortless Legal uses AI and machine learning to solve many billing problems, and thereby increase both realization and collection rates.

  • Time and expense entries are flagged if they appear to high or too low
  • Billing rules can be set per matter and are flagged with a color code if violated
  • Allows your users to tailor their work in advance to only what the client will likely be paid
  • Detects duplicate entries
  • Uses your firm’s own data to make its determinations
  • Learns from your changes, in order to stay up to date all the time
  • Uses your existing billing system, no need to migrate or change systems
  • Easy to use interface that encourages timekeepers to constantly track their time
  • Auto-populated descriptions of work to speed up time entry and review
  • Increases your firm’s realization and collection rates, while decreasing write-offs
  • Allows local counsel to log in and see only what they should see and log their time using the same rules and technology
  • Maximizes income through predictability of client payment

BillerAssist uses cutting edge Machine Learning and AI to provide a data driven solution to your billing.  It uses your successfully paid invoice data to learn how to assist you with each billing entry. This patent-pending automation saves law firms thousands of dollars and many hours of review time.

“BillerAssist is the most efficient legal billing website I have ever used!” said a practicing lawyer in Michigan who was one of the test users.

“The BillerAssist application drastically reduced the time it took me to clean up my clients’ bills and increased our realization rates at the same time”, said another test user who is a practicing lawyer in Illinois.

For more information, please visit our website at https://efortlesslegal.com or visit our booth at the ABA TECHSHOW 2019 and learn more about how you can increase your revenue and profits using BillerAssist’s AI and Machine Learning!

This is a guest post from EffortlessLegal. Visit them at ABA TECHSHOW in the StartUp Alley at Booth #4 and learn more about the Conference

The post Increase Revenue and Profits with BillerAssist’s AI and Machine Learning appeared first on Law Technology Today.

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source http://www.lawtechnologytoday.org/2019/02/increase-revenue-and-profits-with-billerassists-ai-and-machine-learning/

Rebuilding Trust with Data That Speaks the Truth

It will come as no surprise to most readers of this blog that 2018 represented the year of an ‘implosion of trust’ among the US population. According to the Edelmann Trust Barometer in 2018, only “one third of Americans trust their government to do what is right”, with that statement declining by 14 percentage points in just one year. The same report revealed that trust in the media declined to 42% in the same period, as did trust in businesses and non-government organisations, albeit to a lesser extent. The reality is this – trust in key institutions of government, media and businesses has never experienced such sharp declines.

At the core of trust in any instance is confidence that the facts put in front of you are truthful, objective and accurate. Yet, it has become more and more difficult to discern what is true from what isn’t. This is especially problematic in today’s digital world where anyone can be a publisher and bad actors can falsify and manipulate the facts. We find ourselves oftentimes navigating a sea of misinformation.

Take video for example, which has gained notoriety as a content medium that can easily be manipulated to spread misinformation. Remember the White House decision to revoke the press pass of CNN reporter Jim Acosta? This is just one example of how data can be manipulated to tell a story that deviates from what actually happened, potentially to drive forward a certain aim or agenda, posing a ‘he said, she said’ dilemma when it comes to politics and the media.

The challenge isn’t confined to politics though. In the legal world, the task of establishing the trustworthiness of electronic data can seem like an impossible task. New content is generated at the speed of light. In the case of video alone, over 400 hours of content are uploaded to YouTube every minute, equating to 576,000 hours of content per day, according to Business Insider. Electronic evidence can be falsified, manipulated or even erased making the task of lawyers seem like an impossible one at times. This means that hours can be spent at huge expense poring over records to determine their veracity, and trying to analyse audit trails to establish ownership and authenticity of electronic data.

At Kinnami, our objective is to make this process quicker, easier and more cost-effective for all parties and to help ensure that the objective facts prevail at all times. We’re excited to announce that we’re launching AmiStamp Legal at the ABA TECHSHOW. We created AmiStamp to provide irrefutable proof that the electronic data you see has not been tampered with or manipulated. Using a robust combination of mathematics and cryptography, AmiStamp Legal makes it simpler, more efficient and cost-effective for law firms and technology providers to process the ever masses of electronic data in circulation today. By helping to tell the truth, we hope to play our part in rebuilding trust in data for this and future generations.

Drop by our booth (Booth 10) at the Startup Alley where we’ll be demoing AmiStamp and hear about how our solution could help your whether you’re attending from a law firm or a technology provider business. Check us out at Kinnami.com and we look forward to seeing you in Chicago!

This is a guest post from Kinnami. Visit them at ABA TECHSHOW in the StartUp Alley at Booth #10 and learn more about the Conference

 

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Wavelip Launches Firm Management Solution at ABA TECHSHOW 2019

Wavelip Launches Advanced, All-In-One Law Firm Management Solution at ABA TECHSHOW 2019

CHICAGO, IL, February 27, 2019—Wavelip, a technology solutions company based in Ontario, Canada, today announced the launch of its new AllOrg platform, streamlining and simplifying how law firms manage their practice and specialties.

An all-in-one, cloud-based practice management solution, AllOrg helps law firms run more efficiently and work more effectively, with advanced features and functionalities that include:

  • A personalized dashboard for creating, editing, prioritizing and completing tasks
  • Secure, cloud-based organization and management of folders, files, and emails
  • Pre-designed and customizable folder templates for clients and specialties
  • Seamless integration with Salesforce, Office 365, Google and Yahoo!
  • Unlimited user accounts for privately sharing folders and assigning tasks
  • Time tracking and custom client invoicing
  • Mobile apps for iOS and Android plus a Windows-based uploader

Wavelip founder and CTO, Carlos Guarany, developed AllOrg after experiencing the challenges of running a law firm. Speaking on the advantages of using AllOrg, Mr. Guarany is confident the new platform will be embraced by law firms of all sizes, “The flexibility given by customization and the ability to handle large amounts of information in the form of matters, files, and emails, makes AllOrg a good fit for solo practitioners and firms of any specialization and size.”

Located in booth #506 at ABA TECHSHOW 2019, Wavelip will showcase AllOrg’s secure features and user-friendly capabilities to attendees, demonstrating how the platform helps law firms enhance client service and improve profitability.

“TECHSHOW is a great opportunity to showcase AllOrg to the legal industry,” Mr. Guarany said about expectations for AllOrg’s launch at the ABA TECHSHOW. “AllOrg’s engine is actually a user-friendly systems generator. We customized it for the legal professionals but anybody can further tailor it and create a robust cloud solution for their business or even for their families.”

Founded in 2015, Wavelip Tech Solutions Corporation is an emerging SaaS solutions company based in Waterloo, Ontario. With AllOrg, Wavelip launches its first platform developed in the city’s Accelerator Centre. In addition to continuing to solve challenges for law firms, the company plans to expand the platform to more professions and industries in the future, including healthcare, education, finance, and real estate.

Social Media:
Facebook 
Twitter
LinkedIn
YouTube

Contact:
Carlos Guarany
Founder & CTO
(226) 989-7216
cguarany@wavelip.com
https://www.allorg.com

# # #

ABA TECHSHOW is an annual legal technology Conference and EXPO designed to bring lawyers and technology together for three days of CLE and networking. Presented by the ABA Law Practice Division, ABA TECHSHOW helps lawyers practice efficiently through the use of technology.

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Your Firm App Launches Practice Panther Integration at ABA TECHSHOW

Your Firm App Launches Practice Panther Integration at ABA TECHSHOW 2019 

CHICAGO, IL, February 27, 2019—Oklahoma City-based legal tech company, Your Firm App, is launching their new product integration with practice management platform PracticePanther at this year’s ABA TECHSHOW in Chicago.

Your Firm App is a client-facing mobile app platform that includes the following features:

  • Custom branded mobile app for client communication
  •  Attorney-client messaging for mobile devices
  • Document sharing and client signature capability
  • Real-time calendar push notifications and updates
  • Client task list creation and assignment
  • Mobile bill-pay through LawPay

Your Firm App is a mobile app platform that allows attorneys to create a client-facing mobile app for iOS and Android devices that integrates with their practice management platform. Your Firm App is participating in the Start-Up Alley Pitch Competition at ABA TECHSHOW 2019, the second startup pitch competition in which it has been a finalist since its launch in 2018.

“PracticePanther is an innovative and growing platform and we’re very excited to add this integration and provide PracticePanther users the benefit of Your Firm App’s mobile information and communication features,” said founder and CEO, Chris Smith.

Your Firm App provides lawyers a client-facing mobile option to communicate with clients, share and receive documents, push and update calendar events, assign tasks, and receive payments all from the client’s mobile device. Your Firm App recently announced the launch of a new document signature feature which allows clients to easily sign documents from their mobile device without need for an additional integration.

Lawyers interact with the app by using their respective practice management platform as intended, with the client receiving updates on the app through the normal course of business without the need for an additional portal. Your Firm App integrates with PracticePanther, Clio, and LawPay with additional integration partners on the horizon.

Contact:
Chris Smith
Chief Executive Officer
(405) 651-8552
chris@yourfirmapp.com
www.yourfirmapp.com

# # #

ABA TECHSHOW is an annual legal technology Conference and EXPO designed to bring lawyers and technology together for three days of CLE and networking. Presented by the ABA Law Practice Division, ABA TECHSHOW helps lawyers practice efficiently through the use of technology.

The post Your Firm App Launches Practice Panther Integration at ABA TECHSHOW appeared first on Law Technology Today.

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Kinnami Software to Launch New Solution (AmiStamp Legal) at ABA TECHSHOW 2019

Kinnami Software to Launch New Solution (AmiStamp Legal) at ABA TECHSHOW 2019

CHICAGO, IL, February 27, 2019 – Kinnami Software will launch their pilot solution, AmiStamp Legal, during the ABA TECHSHOW 2019 in Chicago this week. A dynamic solution that works for small/mid-sized law firms, enterprise legal businesses and legal technology providers alike, AmiStamp Legal brings the best of cloud technology to validate and protect the authenticity of electronic data, in an efficient and cost effective way. Here’s how it works:

  • AmiStamp Legal stamps all types of electronic files, assigning a guaranteed time stamp to them.
  • Once stamped, the file can subsequently be checked to verify that it is still identical to what was originally stamped, identifying if any changes have been made to the file.
  • The stamp also provides metadata that can be used to prove ownership of the file.

Legal businesses can be certain of the integrity and accuracy of their stamped files, file owners can protect their IP and those relying on the information contained in those files can validate and trust that what they are seeing is accurate and credible. The certainty provided by AmiStamp comes from its validation mechanisms – that is, verifying that a file or piece of data was stamped on a particular date and time. AmiStamp Legal uses multiple systems to authenticate this timestamp, including the Ethereum blockchain but also more universal mechanisms including social media posts on platforms such as Twitter.

AmiStamp Legal brings a wealth of benefits to businesses operating in the legal sector, including the following:

  • Operate more efficiently and save time: AmiStamp replaces the need for manual auditing of files to check for changes, and navigating through gigabytes of electronic data to check for accuracy. Our solution provides the option to automatically create stamps for new files as they are added to a device or platform, saving you time.
  • Determine and protect the accuracy and trustworthiness of data: Quickly identify if a file has been falsified or altered and secure the trustworthiness of your data with irrefutable proof of existence and ownership.
  • Integrate into your existing solutions seamlessly: AmiStamp Legal is a dynamic solution that adjusts to the needs of your business. Our API can be incorporated into your current solutions so that you can stamp your clients’ files quickly and easily.

Drop by our booth (Booth #10) at the StartUp Alley where we’ll be demoing the simplicity of AmiStamp Legal and hear about how our solution could help you, whether you’re attending from a law firm or a technology provider business.

About Kinnami Software
Kinnami is a blockchain company tackling the growing problem of lack of trust in the digital world. Our two products center on distributed technologies to safeguard data and increase security and privacy in data sharing and collaboration:

  • Amistamp is a digital stamping solution that establishes and guarantees the authenticity
    and ownership of data that is being shared.
  • AmiShare (in development) enhances the privacy and security of sensitive data shared
    within or across organisations.

Contact:

Suzanne Headon
Chief Marketing Officer
+44 7553984148
suzanne.headon@kinnami.com

# # #

ABA TECHSHOW is an annual legal technology Conference and EXPO designed to bring lawyers and technology together for three days of CLE and networking. Presented by the ABA Law Practice Division, ABA TECHSHOW helps lawyers practice efficiently through the use of technology.

The post Kinnami Software to Launch New Solution (AmiStamp Legal) at ABA TECHSHOW 2019 appeared first on Law Technology Today.

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Tuesday, February 26, 2019

What is Machine Learning and How Does BillerAssist Use It?

Artificial intelligence and machine learning may feel mystical and hard to understand. However, as Arthur C. Clark said, “[a]ny sufficiently advanced technology is indistinguishable from magic.” Machine learning may look like magic, but under the hood, it’s easy to understand.

Let’s start by understanding traditional programming. In my first computer class, the instructor did an exercise that stuck with me. It went like this:

“Mark, please ask your neighbor Katy to stand up and walk out the door,” said the instructor. Mark asked, “Katy, please stand up and w—”

“Wait a minute!” the instructor said, “Let me stop you there; you see Katy is a computer and she has no idea what ‘stand up’ means.”

Mark explained, “Okay, so Katy, to stand up is to go from sitting to upright.”

“Mark, Katy doesn’t know what sitting is, or upright for that matter,” the instructor stated.

“Wow, so what does she know?”

The instructor responded by saying, “Pretty much zeros and ones. However, let’s assume someone came before you and taught her what a body is, arms and legs are and what a chair is.”

“Well then, Katy, to stand is to straighten your legs with the rest of your body above them.”

“Now you’re getting the hang of it, though she still may not be able to follow that without additional instructions,” said the instructor.

That is traditional computer programming. It is very strict—the computer only does what it is instructed to do and can only respond with pre-programmed responses.

Machine learning is different in that the computer is programmed to teach itself. It digests large amounts of data and makes sense of it using several methods.

Over the years, more and more data is being collected. There was a time when that data was manageable and humans could write code and rules to manage, analyze and understand it. Now that we have reached a point where data is pouring in by the trainload every millisecond, we need new tools.

That’s where machine learning comes in. It can analyze at lightning speed, making connections and seeing trends. It can “think” about the data, at least in a sense. Much like a baby, at first it knows very little, but as it digests more and more data it learns and grows and makes more and better assumptions.

It’s really that simple.

Now don’t get me wrong, it has taken many great minds and many years to figure out how to make computers think. We are still just at the beginning, but we have reached a stage where it has become extremely useful to business.

For example, BillerAssist by EffortlessLegal uses machine learning to automate legal billing.

A law firm cannot survive without proper billing, and BillerAssist makes it “effortless” to bill clients. The app’s patent-pending Assisted Billing Review feature provides clear color codes for particular legal time or expense entries that are excessive or unreasonable. Assisted Billing Review also tells you when the total amount of time accumulated in a particular matter becomes excessive or unreasonable. This feature also provides clear alerts regarding any remaining issues as to your clients’ billing rules.

All of these features ensure compliance and reduce manual review time substantially.

In addition, Assisted Billing Review helps you standardize your bills, by letting you know when a particular text description in a billing entry is unusual. It makes your bills more professional!

BillerAssist also learns from your changes. It uses your own data for its decision-making, but also comes with a default set of data so you can get started right away. This means our legal billing software becomes more accurate and more helpful as you use it.

For more information, please visit our website at https://EffortlessLegal.com, or stop by our booth at the ABA TECHSHOW to learn more about how machine learning can help your firm increase revenue and profit!

This is a guest post from EffortlessLegal. Visit them at ABA TECHSHOW in the StartUp Alley at Booth #4 and learn more about the Conference

 

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How Texting for Business Can Make Your Law Firm More Successful

Whether you have a private practice or work for a large law firm, it’s important to keep accurate and organized documentation. Maintaining precise records of conversations that you have with your clients not only helps improve your firm’s efficiency, but can also help your business grow.

Some of the biggest and most common challenges law firms run into include:

  • Communicating quickly with clients
  • Keeping clean accounting records
  • Creating operational efficiency

With the growing demand for instant communication, texting-for-business software is a viable solution to help law firms combat each of these issues. By text enabling your existing law firm’s phone number, you give your clients the option to call or text the same number.

Here are four reasons your law firm should offer texting:

1. Connect with clients faster

A 2019 State of Texting Report by Zipwhip revealed that 74% of consumers will respond to a text from a business within an hour, whereas only 41% said the same for email. In addition, 74% of consumers report having zero unread text messages at a given time. What this tells us is that consumers feel a sense of urgency around texting that makes it an effective place for businesses to communicate efficiently.

Lawyers can receive immediate responses from clients by texting to confirm a consultation, resolve a billing issue or share case photos.

The reality is that despite the wave of chat apps like Facebook Messenger and WhatsApp pervading the telecom landscape, smart-phone users still choose to text. What’s more, 90% of all cell phones in the world are SMS-capable, and roughly 4.2 billion people already text. It’s no wonder then that texting has become one of the most efficient methods of communication; it’s a tool that has become ingrained in our culture.

Like in the early days of email, when law firms discovered how modern technology could shift how they do day-to-day business, firms have another opportunity to harness a powerful tool for connecting with clients. Adding a Click-to-Text button to your law firm’s website is a great way to notify clients that you offer texting and allows them to text you right from your website. Reaching clients more directly and quickly means saving yourself time you might otherwise spend leaving voicemails and sending emails, and using their preferred form of communication will also shape a more human experience that establishes trust.

2. Improve admin functions

Improving the efficiency of administrative tasks results in reduced overhead, less time spent on non-billable tasks, and happier clients. Text messaging improves the intake process by providing an efficient way to collect information and avoid hours spent making phone calls and sending emails.

Admin functions that texting can improve include:

  • Intake process
  • Setting up appointments
  • Sending appointment reminders
  • Transfer of documents and images

3. Keep client records and communications organized

In both criminal and civil cases, parties often use a pre-trial “discovery” process to gather information from the opposing party in preparation for trial. What this means is that firms are required to keep clean records because they have a duty to produce evidence in a court room.

In the instances where lawyers use their personal cell phone to text their clients, transposing the information captured through text messages into official records can be cumbersome and pose a risk to their accuracy. There’s no sure way to monitor whether all the data was captured in the first place, and if it was done so correctly. That’s why firms that implement business texting also need to make sure they utilize software that effectively archives the information shared during business conversations.

4. Integrate business texting with your other services

Law firms use a variety of platforms to carry out daily business functions and switching back and forth between them all can eat up precious billable time. Wherever possible, firms should find efficiencies between products.

Zipwhip, for instance, has integrated its texting platform with the leading cloud-based practice-management system, Clio. Using this partnership, law firms can connect with their clients through text messaging using their existing business phone numbers, and automatically archive those conversations in an intuitive, searchable format. Zipwhip provides a 360-degree view of client communications by syncing text conversations to the existing Clio database in real time. Conversation threads and photos are stored, dated and time-stamped for accountability and systematic case management.

This is a guest post from Zipwhip. Visit them at ABA TECHSHOW in the EXPO Hall at Booth #1003 and learn more about the Conference

 

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