ProfitSolv, the parent company to a group of practice management and payments products for legal, accounting and professional services firms, said today that it has secured a significant strategic investment co-led by private equity firms FTV Capital and Lightyear Capital.
The company said that the investment will be used to…
Legal software pioneers push automation to enhance practice management efficiency.
KNOXVILLE, Tenn., April 1, 2025 – CosmoLex and Rocket Matter, leading providers of legal practice management software in the ProfitSolv portfolio, today announced automated workflow capabilities as…
Over the first three posts in this series, I’ve talked about the shrinking ownership of law practice management technology for solo and small firms — how most of the major contenders in the market have all come to be owned by just six overarching ownership groups.
I’ve shown you who those groups are and which…
In the first two posts in this series, I have talked about the consolidation of ownership that has occurred in recent years for law practice management technology. Whereas this market was once characterized by a variety of competing companies, virtually all of the major products are now owned by one of six ownership groups. Part…
“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…
Sixteen years ago marked the beginning of a sea change in law practice management technology for solo and small law firms. On March 1, 2008, a virtually unknown company out of Canada called Themis Solutions launched the first cloud-based software product for managing a law practice, called Clio. Coincidentally, just a week earlier,…
The law practice management platform Rocket Matter this week rolled out the next generation of its software, a “reimagined” version of the product that emphasizes flexibility and customization to meet the varying needs of different law firms and different practice areas.
When it launched in 2008, Rocket Matter was one of the first of…
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…
The practice management product Rocket Matter today released a enhanced version of its integration with the secure file-sharing and e-signature platform ImagineShare that enables users to perform key document functions directly within Rocket Matter.
Last year, Rocket Matter released the initial version of its integration with ImagineShare, which its law firm customers…
Last year, I introduced something new for this blog: The LawSites Resource Center. It is a library of free downloadable content that includes white papers, webinars, product guides, case studies, industry analysis and more, all provided by experts and vendors within the legal industry.
So which of those resources were of most interest to readers?…
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…
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…
Robert Ambrogi Blog
