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Law Technology Today

2024

The Technology Advantage: How Your Peers Are Maximizing Every Minute

MyCase

Summary 

  • Online payments increase collection rates by nearly 10%, simplifying the billing process and providing client convenience.
  • Automate client intake with eSignatures and intake forms, speeding up onboarding and ensuring prompt responses.
  • Streamline time tracking with automated invoicing and reminders, ensuring every billable minute is captured and paid.
The Technology Advantage: How Your Peers Are Maximizing Every Minute
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How can you maximize every minute? Which features do you need to ensure long-term financial success while delighting clients? Below, we cover the top five technology features that can help you ensure sustainable growth at every stage of your firm’s journey.

5 Tech Features to Make the Most of Your Time  

1. Online Payments

The MyCase Legal Industry Report surveyed 2,000 legal professionals, and 73% stated that getting paid was a challenge for their firm. Additionally, the report found that the collection rates for those who accepted online payments were nearly 10% higher than those who didn’t.

What are the benefits of online payments?

  • Simplify the payments process
    With MyCase, you can automate invoice creation and send bills with a clickable payment link—saving time while providing client convenience.
  • Provide client-friendly options
    Providing clients with multiple ways to pay allows them to pay on their terms. With Pay Later, offered through LawPay, your firm can even offer the option to pay over time while receiving the entire amount upfront.

2. Lead and Client Intake Automation

According to the MyCase Industry Report, 50% of legal practitioner respondents find lead intake challenging. Leveraging lead management technology allows your prospective clients to fill out their information on your site and request information with little to no work on your part.

What are the benefits of automation tools for client intake?

  • Faster onboarding
    Utilizing electronic signatures, or eSignatures, gives you and your clients a convenient way to digitally collect legally binding signatures. This can speed up the client intake process, onboarding, and other case paperwork.
  • Automated intake forms and workflows
    Prospects can simply contact you by putting their information into embedded intake forms located on your site. You can then automate response messages to ensure prompt response times.

3. Document Management

Easily create, share, and store documents in a single, secure location. Legal document management software ensures that your whole team has access to the most recent version of every document. 

What are the benefits of document management software?

  • One secure place for all documents
    With case management software, all documents can be stored in a single source of truth. Share, tag, and comment on documents in real time to easily collaborate with coworkers and clients. Also, you can determine who has access to view, edit, and share documents.
  • Document automation
    Create custom templates for documents and allow events (such as someone filling out a client intake form) to trigger an auto-population. This can save hours of time and reduce errors in documentation.

4. Time Tracking

The MyCase Industry Report determined that 61% of respondents struggle to capture billable time. Time-tracking software provides ways to make this process simpler, freeing up your time and ensuring that you get paid for every billable minute.

What are the benefits of time-tracking software?

  • Automated invoicing
    With time-tracking software, you can auto-populate invoices using time entries. This feature also automatically sends invoices and reminders on unpaid invoices.
  • Set timers and reminders to accurately capture time
    Rely on timers and automated reminders to log time, ensuring that every minute of potential revenue is recorded. MyCase allows you to switch between up to three timers simultaneously to record hours spent on billable tasks. If you forget to set a timer, you can rely on the MyCase Smart Time Finder for a list of completed tasks, such as a client phone call—jogging your memory of what you worked on.

5. Client Portal and Text Messaging

Leveraging client communication tools such as an all-in-one client portal or text messaging makes it easy to streamline communication and keep clients up to date—bettering the client experience and freeing up your time to focus on billable tasks.

What are the benefits of a client portal?

  • Allows clients to communicate on their terms
    MyCase provides a Client Portal and other specialized features that make client communication a breeze. You can communicate with clients in their preferred way, whether that be by text, email, or through the portal.
  • Securely share sensitive information with clients
    Easily share invoices and files, accept payments, and message clients in a secure, private location.

Every Minute Maximized

MyCase practice management software boosts your firm efficiency, giving you the flexibility to refocus an extra 3+ billable hours daily on the things that matter most to you.

Ready to maximize your hours and minimize your cost? Request a free 10-day trial of MyCase today.