https://www.lawnext.com/category/companies/profitsolv Tracking new and intriguing websites and products for the legal profession. Sun, 17 Aug 2025 19:39:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://www.lawnext.com/2025/08/lawtoolbox-and-profitsolv-announce-dynamic-integration-partnership.html Thu, 14 Aug 2025 17:37:55 +0000 https://www.lawnext.com/?p=50797 Denver, CO, Aug 14, 2025 – LawToolBox, the best-in-class provider of court rules that transform Microsoft 365 into a matter management platform for legal professionals, announces a strategic integration partnership with ProfitSolv, a leading provider of practice management software and payments for legal, accounting and professional services firms, which will be leveraged across multiple solutions […]]]> https://www.lawnext.com/2024/09/the-shrinking-ownership-of-law-practice-management-technology-part-2-of-4-a-scorecard-of-who-owns-what.html Tue, 17 Sep 2024 14:35:14 +0000 https://www.lawnext.com/?p=47550 “You can’t tell the players without a scorecard,” yelled the hawkers of olden days at major league baseball stadiums. In the modern days of law practice management, that may still be true. As I wrote yesterday in part one of this four-part series, the law practice management market has undergone dramatic consolidation, from what was […]]]> https://www.lawnext.com/2023/05/new-clearview-social-feature-uses-chatgpt-to-help-law-firms-shuffle-a-variety-of-social-media-posts.html Tue, 23 May 2023 14:34:30 +0000 https://www.lawnext.com/?p=43691 Clearview Social, an application for law firms to help their lawyers share content on social media, has launched a new feature, Social Shuffle, powered by OpenAI’s ChatGPT, that automatically generates variations of a firm’s social media posts to “shuffle” the content the lawyers are posting. The basic idea of Clearview Social is to allow a […]]]> https://www.lawnext.com/2023/05/rocket-matter-integrates-chatgpt-for-quick-access-from-within-its-law-practice-management-platform.html Mon, 08 May 2023 13:00:18 +0000 https://www.lawnext.com/?p=43533 Rocket Matter, a cloud-based law practice management platform, now has an integration with OpenAI’s ChatGPT artificial intelligence, providing its users with quick access to ChatGPT from anywhere within the Rocket Matter application. The integration allows Rocket Matter users to leverage ChatGPT for purposes such as drafting a message or summarizing a document, without the user […]]]> https://www.lawnext.com/2023/03/canadian-bar-association-chooses-cosmolex-as-exclusive-preferred-practice-management-software.html Wed, 01 Mar 2023 15:32:10 +0000 https://www.lawnext.com/?p=42961 In a major win for the law practice management platform CosmoLex, it has entered into an agreement with the 36,000-member Canadian Bar Association to be the CBA’s exclusive preferred practice management software for members. In a country known for having strict regulatory requirements for legal accounting, the CBA said that CosmoLex “checks all the boxes” for […]]]> https://www.lawnext.com/2022/10/cosmolex-adds-crm-for-firms-to-manage-and-track-prospective-clients-and-automate-intake-workflows.html Mon, 17 Oct 2022 13:20:20 +0000 https://www.lawnext.com/?p=41687 The practice management company CosmoLex has added a new client relationship management module to its all-in-one platform with the release of CosmoLex CRM. The new CRM module is designed to enable law firms to manage, track, and communicate with prospective clients; automate intake workflows; and provide reporting to help better analyze marketing campaigns. The module […]]]> https://www.lawnext.com/2022/06/ceos-of-clio-paradigm-and-profitsolv-react-to-news-of-lawpays-acquisition-of-mycase.html Mon, 13 Jun 2022 18:57:09 +0000 https://www.lawnext.com/?p=40825 With the acquisition last week by payments company AffiniPay, parent of LawPay, of practice management company MyCase, one intriguing aspect of the deal was that, until then, LawPay had been the legal tech equivalent of Switzerland, partnering with virtually every practice management platform, but always neutral as to which should win the competition for the […]]]> https://www.lawnext.com/2021/12/the-10-legal-tech-trends-that-defined-2021.html Wed, 29 Dec 2021 17:22:58 +0000 https://www.lawnext.com/?p=38792 As awful as was the year 2020 for so many reasons, my year-end report last year found reasons to be optimistic. “The silver lining of 2020,” I wrote, “is that we have been forced to consider changes that were long overdue and then given the opportunity to implement those changes.” This year, my report is […]]]> https://www.lawnext.com/2021/10/practice-management-platform-rocket-matter-adds-premier-tier-with-billing-features-designed-for-larger-firms.html Wed, 06 Oct 2021 13:00:33 +0000 https://www.lawnext.com/?p=37880 When Rocket Matter launched in 2008 as one of the first cloud-based law practice management platforms, it was targeted at solo and small firms. While those firms remain an important segment of its customer base, it has, over the intervening years, seen greater adoption by larger firms as they have moved to the cloud — […]]]> https://www.lawnext.com/2021/07/tabs3-and-cosmolex-launch-their-own-e-payments-services.html Wed, 21 Jul 2021 16:10:58 +0000 https://www.lawnext.com/?p=37132 The practice management platforms Tabs3 and CosmoLex, both of which share a common owner, have each launched their own payment processing services to allow their customers to accept credit card and electronic check payments, Tabs3Pay and CosmoLexPay. Both companies already offered credit-card processing through third-party providers — Tabs3 through LawPay and ProPay and CosmoLex through […]]]> https://www.lawnext.com/2021/07/tabs3-ceo-dan-berlin-will-remain-with-company-after-acquisition-he-says.html Wed, 14 Jul 2021 14:14:01 +0000 https://www.lawnext.com/?p=37072 Dan Berlin will remain president and CEO of Tabs3 Software, a position he has held since 1984, following the company’s acquisition by ProfitSolv, a company led by a private equity group. “I’m not going anywhere,” Berlin told me. “I’m very excited about the partnerships and relationships we have with the other companies under the ProfitSolv […]]]> https://www.lawnext.com/2021/07/another-stealth-practice-management-acquisition-this-time-of-tabs3.html Fri, 09 Jul 2021 17:13:56 +0000 https://www.lawnext.com/?p=36957 Update: Tabs3 CEO Dan Berlin Will Remain With Company After Acquisition, He Says.  Earlier this week, I reported on the unannounced acquisitions by MyCase of two legal technology companies, CASEpeer and Woodpecker. Now there is another stealth deal to report, this time involving the acquisition of Tabs3 Software, which is one of the oldest practice […]]]> https://www.lawnext.com/2021/03/new-timesolv-feature-automates-client-payments-for-better-cash-flow-at-small-firms.html https://www.lawnext.com/2021/03/new-timesolv-feature-automates-client-payments-for-better-cash-flow-at-small-firms.html#respond Mon, 08 Mar 2021 14:25:48 +0000 https://www.lawnext.com/?p=35670 For many law practices, getting paid is the bane of their existence. TimeSolv, a provider of cloud-based billing and timekeeping software for law firms, aims to fix that with the release today of Zero AR, a patent-pending feature that automates batch invoicing and electronic payments. The feature enables firms to instantly process electronic payments for […]]]> https://www.lawnext.com/2021/03/new-timesolv-feature-automates-client-payments-for-better-cash-flow-at-small-firms.html/feed 0 https://www.lawnext.com/2020/11/time-and-billing-software-timesolv-now-integrates-with-lexcharge-for-payments.html https://www.lawnext.com/2020/11/time-and-billing-software-timesolv-now-integrates-with-lexcharge-for-payments.html#respond Mon, 02 Nov 2020 13:59:21 +0000 https://www.lawnext.com/?p=34569 In September, the private equity firm Lightyear Capital LLC, through a newly formed company called ProfitSolv, made two notable acquisitions of legal technology companies: Rocket Matter, the cloud-based practice management company, and TimeSolv, a provider of cloud-based legal billing and timekeeping software. In acquiring Rocket Matter, ProfitSolv also got the payment processing company LexCharge, which […]]]> https://www.lawnext.com/2020/11/time-and-billing-software-timesolv-now-integrates-with-lexcharge-for-payments.html/feed 0 https://www.lawnext.com/2020/09/pioneering-cloud-practice-management-platform-rocket-matter-acquired-by-private-equity-firm.html https://www.lawnext.com/2020/09/pioneering-cloud-practice-management-platform-rocket-matter-acquired-by-private-equity-firm.html#respond Fri, 25 Sep 2020 00:09:05 +0000 https://www.lawnext.com/?p=34005 The practice management platform Rocket Matter, whose launch in 2009 alongside Clio helped usher in a new generation of cloud practice management platforms, has been acquired by a private equity firm. It will become part of a new company, ProfitSolv, that will focus on billing, payments and software for professional services firms. The new company […]]]> https://www.lawnext.com/2020/09/pioneering-cloud-practice-management-platform-rocket-matter-acquired-by-private-equity-firm.html/feed 0