Final article in a series about technology & the law published by Lawyer Richard Kranitz
As technology is advancing, the legal profession must keep up with these technological and societal changes, explains Richard Kranitz in an article series.
By: Office of Richard A. Kranitz, Esq.
The complete articles will be published on the blog of Richard Kranitz at https://richardkranitzblog.blogspot.com/
Incorporating technology into a law practice can make the practice more efficient and increase client satisfaction. In fact, technology may enable the practitioner to exceed client expectations. Here are a few, simple-to-implement options.
Payment Services-Electronic Invoices
Payment by check is gradually becoming a thing of the past. Credit Card Payments are now commonplace, and even other forms of payment such as ACH, wire transfers, and Paypal are becoming more commonplace. While there are costs associated with taking credit card payments or Paypal, the ease of use and the increased speed of getting paid are often worth the fees. Many merchant account vendors now provide a Web portal to facilitate online payments. Google and Square (www.square.com)
There are ethics opinions regarding Attorneys accepting credit cards for payments, thus one should consult the local ethics rules.
Maintaining the confidentiality of client information is an ethical foundation of the profession. Encryption tools may add extra security to electronic communications. Document efforts to keep their clients' information safe and secure.
Signing Documents Electronically
Services like DocuSign (www.docusign.com)
Example of Technology Suite for a Small Law Firm
In case you wonder what technologies other law firms have, here is an actual real life example. This small law firm uses the following technologies:
• CosmoLex (online and App) – Law Practice Management Software
• LawPay (online and App) – Payment software for billing/invoicing.
• Google Suite (online and App) – Document creation/management.
• Dropbox (online and App) – Transfer/management of large files.
• Westlaw – Legal Research.
• Skype – Phones & video conferencing.
• Facetime – Client communications.
And since many law firms are gradually going "paperless,"
Harnessing technology can greatly increase client satisfaction, save time and effort, and reduce the stress of practicing law in this fast-moving world. Undoubtedly, technology will continue to change the ways that legal teams serve their clients. My personal advice is to take it step-by-step:
*NOTE: The inclusion of a technology or app in this article does not mean an endorsement or approval. The listed technologies are just for illustrative purposes. None of these particular technologies are endorsed or recommended by this author.
The complete article will be published on the blog of Richard Kranitz at https://richardkranitzblog.blogspot.com/
About Richard A. Kranitz
Richard Kranitz is an experienced attorney and business consultant in the areas of corporate, securities and tax planning for corporations, partnerships, joint ventures, limited liability companies, multi-unit enterprises, and a variety of different non-profit entities. In addition, he has counseled their owners and executives in compensation planning, estate plans, and asset protection.
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Office of Richard A. Kranitz, Esq.
Richard Kranitz, Grafton, Wisconsin