LexisNexis, a leading global provider of content-enabled workflow
solutions, today announced the release of the newest version of its
PCLaw™ practice management software. Developed based on feedback from
private practice lawyers, new features of PCLaw™ 10 help firms run more
efficient practices, build and maintain client trust and differentiate
from competitors – important factors in the present economic environment.
Many firms face the challenge to accurately and efficiently manage
physical items and records associated with client files such as wills,
deeds, bonds and other related documents. Sophisticated systems used by
large law firms are typically expensive or require specialized knowledge
to set up and run. Therefore, smaller firms rely on a manual tracking or
stand-alone electronic spreadsheet applications – neither of which link
client information nor integrate with other practice management
technologies. These practices are inefficient and elevate the risk of
errors, lost physical files and missed connections between items, files
and cases.
The new PCLaw Safe Custody and Physical Closed File management system
addresses this situation by offering law firms the ability to
electronically track, manage and associate physical items and records
with their clients’ active and closed files. This ensures more
cost-efficient records management while minimizing errors and
mismanagement of client files. These processes are integrated with other
aspects of a firm’s practice management functions for a smoother and
more consistent workflow.
"By providing the integrated and automated horsepower of a large law
firm records management system, PCLaw will help smaller law firms to not
only manage their clients’ items more efficiently, but to also solidify
trust with clients,” said Phil Livingston, LexisNexis senior vice
president for Practice Management. "In addition, it offers them new ways
to differentiate from other firms who may not have this capability.”
"One of the primary benefits for PCLaw is getting the bills out
quickly,” said Lou Spence, Office Manager for Montgomery Willard LLC Law
firm in Columbia, South Carolina. "I can generate an invoice quickly
with just a few clicks and get it in the mail to get paid quicker by our
clients. I don’t know of anybody that wouldn’t want their cash flow to
improve.”
PCLaw billing and processing features ensure secure data, as well as
reliable billing and transaction functionality for law firms, minimizing
conflicts with clients over billing or payments while simultaneously
helping build and maintain a foundation of trust. Because they are
integrated with the rest of PCLaw, these processes become part of a
smooth workflow for users at small law firms.
New billing and time tracking elements of PCLaw™ 10 include:
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Direct integration of research charges into firm billing. Charges for
using online research tools such as lexis.com® can now be
auto-loaded into the law firm billing process within PCLaw. This saves
time helps reduce errors in billing procedures.
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The integrated credit card processing within PCLaw is now compliant
with the Payment Card Industry (PCI) transaction standards set by
VISA, ensuring that clients can completely trust a firm they are
paying via credit card transactions.
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A new automated data backup capability enables firms to protect
valuable information without interruption of billable work by enabling
them to select and set pre-determined backup times and frequencies
that avoid busy primary work hours or busy periods.
About PC Law
PCLaw™ is a fully integrated Time, Billing and
Accounting software solution tailored specifically for law firms. With
more than 20 years of experience and a client base of more than 25,000
law firms, PCLaw is the leading practice management system for law firms
with instant market recognition. Easy to use out of the box, PCLaw helps
law firms capture more billable time, expedite their billing, manage
trust accounting and manage their financial and client accounting.
About LexisNexis
LexisNexis® (www.lexisnexis.com)
is a leading global provider of content-enabled workflow solutions
designed specifically for professionals in the legal, risk management,
corporate, government, law enforcement, accounting and academic markets.
LexisNexis originally pioneered online information with its Lexis® and
Nexis® services. A member of Reed Elsevier (NYSE: ENL)(NYSE: RUK) (www.reedelsevier.com),
LexisNexis serves customers in more than 100 countries with 18,000
employees worldwide.
