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…
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…
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…
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