Constantly stuck with unpaid invoices and struggle to get paid on time? PracticePanther’s all-in-one platform makes time tracking, invoicing, and native online payments easy – so you can get paid quickly and consistently.
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We understand that filling out timesheets can be tedious, which is why we’ve made time tracking as easy and efficient as possible. Our legal billing software allows you to add all of your time entries and expenses in just a few clicks, so you can focus on your work. And if you need to step away from your laptop, don’t worry – our built-in timer automatically tracks your time, even if you log off. Just open the PracticePanther mobile app, and you’ll see that your timer has kept running. Easily keep track of your time and expenses, and get paid for every minute you’ve worked.
Enhance your professional image by creating personalized invoices for your diverse client base. With just a few clicks, you can generate branded invoices and bill your clients for hourly, flat rate, or contingency services. Streamline your payment process and boost your brand reputation with customized invoices that reflect your professional brand in our legal billing software.
We play by the books. That’s why PantherPayments is fully compliant with IOLTA, ABA, and state bar guidelines for legal payments. We offer online payment options to give your clients the convenience and flexibility they need to pay you quickly. With the industry’s lowest transaction rate, PantherPayments is equipped to get your firm paid faster, and our processor has been shown to get firms paid 70% faster than the industry average. Trust us to handle your payments with the utmost care and efficiency.
Slice and dice your firm’s data so you can efficiently allocate your time and resources. Through our custom reporting, you can uncover insights on which matters bring in the most cash, or break down the number of upcoming tasks per matter. Pretty handy, right?
Gain peace of mind by avoiding audits and accurately tracking trust account balances. Request and accept retainer payments directly into your trust account. Easy.
Legal billing software, such as PracticePanther, helps lawyers track their time, work, and expenses, enabling them to accurately bill clients. PracticePanther allows users to run custom reports, which can help law firms quickly gain billing insights and identify missed or delayed payments. With advanced filtering and tagging capabilities, firms can that they are maximizing their collections and minimizing mistakes.
In addition, PracticePanther’s built-in online payments processor, PantherPayments, allows law firms to offer multiple payment options such as credit card, eCheck, and ACH, making it easy for clients to pay. Firms can also create custom payment links that can be placed on websites, email signatures, intake forms, and other places where hyperlinks are accepted, enabling clients easy opportunities to pay your firm.
Billing can be a time-consuming and error-prone process, but PracticePanther helps users track their time, work, and expenses which allows law firms to bill clients accurately and efficiently. Legal billing software, like PracticePanther, helps improve cash flow management by providing innovative features for tracking payments, generating invoices, and reminding clients of outstanding balances.
In addition, a secure client portal can help enhance client communication by allowing clients to view their invoices, make online payments, and view their payment history. Law firms can maximize their billing efforts by creating customized invoices and intake forms to boost overall client satisfaction and the law firm’s brand reputation. By streamlining billing and payment operations, law firms can reduce administrative costs and increase collections, resulting in improved profitability.
When it comes to legal billing management software, it’s essential to choose a solution that meets your firm’s specific needs and goals. PracticePanther is a comprehensive software that helps law firms streamline their billing processes and stay compliant. With PracticePanther, you can easily track billable hours, generate invoices, and monitor payment transactions with automated features. Trusted by thousands of legal professionals and approved by over 50 bar associations, PracticePanther is widely regarded as a top choice in the industry, with a rating of 4.7/5 on GetApp, Capterra, and G2 Crowd. Whether you’re looking to increase efficiency, reduce errors, or improve cash flow, PracticePanther can help.
At PracticePanther, we understand that every law firm has unique billing needs and preferences. That’s why we provide users with full customization capabilities for their invoices. With PracticePanther’s custom invoice feature, users can design as many invoice templates as they need, giving them flexibility and control over the billing process. Additionally, law firms can also white label their invoices to add their own branding, which can help improve their brand reputation and client satisfaction. PracticePanther covers all aspects of invoicing, whether you are in need of a simple, straightforward invoice template or a more complex, customized invoice.
It is essential to consider factors such as the size of your firm, your current billing operations, and how the software can improve efficiency. Some key features to look for include:
Multiple billing options: Legal billing software should allow you to bill in various ways, such as by the hour, flat fees, or contingency fees.
Custom hourly rates and fees: The ability to set different hourly rates for different lawyers in your firm and different flat fees for specific activities can be helpful.
Time and expense tracking: It is useful to have a system in place to track time spent on tasks using timers or manual time entries, as well as expenses such as mailing costs, transportation fees, and filing fees.
Accounting integration: Legal billing software that integrates with your firm’s accounting software can facilitate three-way reconciliation.
LEDES invoicing: The option to easily format bills according to LEDES requirements can be useful for many firms.
Invoice generation: Automated invoice generation based on billable hours and expenses can be a time-saver.
Customizable invoice templates: Being able to create professional invoices with your firm’s branding can enhance your brand image and presence.
Payment reminders: The ability to send payment reminders to clients when invoices are past due can help improve your cash flow.
Payment plans: Custom payment plans for each client based on their needs can be helpful to reduce the financial burden on your clients.
Custom financial reports: Being able to run reports on accounts receivables, outstanding balances, and payment history for each client, matter, or attorney can help you track your firm’s financial performance.
It is worth noting that PracticePanther provides a range of features (listed above) that can help streamline the productivity, efficiency, and operations of law firms.
Yes, PracticePanther allows users to generate a range of reports that provide in-depth insights into their billing and financial performance. For example, reports like the Billed vs. Billable Time Entries Report can help law firms compare the amount of time billed to the amount of billable time recorded. PracticePanther’s Payments Report provides a breakdown of payments received and outstanding balances. By using insights from these reports, law firms can gain a clearer understanding of their financial situation and use data to better predict future cash flow.
Yes, PracticePanther plays by the books. Our payment processor, PantherPayments is 100% compliant with IOLTA, ABA and all 50 state bar guidelines.
PracticePanther’s legal billing software and PantherPayments are seamlessly integrated to help law firms manage their time, work, and expenses, as well as accept a variety of online payments from clients. With PantherPayments, law firms can accept credit card, eCheck, and ACH payments at the industry’s lowest transaction rates while maintaining compliance. In addition to multiple online payment methods, PantherPayments also offers convenient options for law firms to accept online payments via OneLink, QR codes, and SMS text messages. To further accommodate clients’ financial needs, PracticePanther’s custom payment plan feature allows law firms to offer flexible payment options in smaller installments. Overall, PantherPayments is a comprehensive and flexible payment processing solution for any law firm.
PracticePanther is the leading legal practice management software. Start a free trial today and discover the power of automation at your firm.