Three legal technology solutions that law firms should know about
Law firms are notorious for having tons of paperwork and massive filing cabinets. A sea of staples and paper clips too. And from 1990–2010, there really weren’t many options out there that streamlined the manual tasks of running a firm.
But in the last ten years — especially the last three — the legal tech industry has exploded and there are a ton of great solutions out there to choose from. Let’s talk about three of them specifically.
Percipient
What is it: Percipient is a legal technology and services company helping clients tackle legal operations, legal processes, and electronic document review.
How can they help?
- Managed Review Services —Steps include collection, early analysis and culling, review, and production.
- Legal Ops & Technology Consulting
- Process and technology-driven legal support — Automate and simplify common legal functions like contract management, NDAs, basic sales and services agreements, deposition summaries, status reports. All the fun stuff.
- Managed E-Discovery Services — They can help law firms out who want to keep this function in-house with support or help firms who want to outsource these tasks.
Other things going for them: They’re based in Chicago (we love a hometown team) and they use FinanceFuel for their accounts receivable (hey, we like that too).
Smokeball
What is it? Smokeball is the first and only cloud-based legal practice management software that automatically records time and activity for you. They help small law firms move fast and stay lean.
How they can help?
- Automatic time and activity tracking
- Firm insight reports
- Document Automation
- Robust time and billing
- MS Word and Outlook integration
- On and Offline access
- Free law firm website — Nice perk, customers with a practice management subscription get a really nice looking website added for free.
Other things going for them: Also based in Chicago (nice!). And their Founder, Calista Flockhart, created a launch video that rivals Dollar Shave Club in terms of overall awesomeness.
Bill4Time
What is it? Software to streamline the time tracking and billing aspect of running a law firm.
How they can help?
- Time Tracking
- Expense Tracking
- Billing & Invoicing
- Invoice Templates
- Online Payments
- Client Management
- Project Management
- Accounting
- Reporting
Other things going for them: Great customer service. Bill4Time won the 2018 “Great User Experience” award from FinancesOnline.
FinanceFuel loves to help law firms become more efficient and get rid of their manual tedious tasks. Our specific area of expertise is on the accounts receivable side. If your firm is experiencing frequent late paying customers and you’re spending a lot of time chasing down customers who are 30–60 days past due, let’s schedule some time to talk.