Software Advice
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Legal firm accounting software is strategically critical for law business finance. Yet, many legal teams keep the same systems in place for years, with 70% in the sector adopting an accounting and finance system more than 12 months ago.*
Accounting software has been evolving fast in recent years, affecting goals in the financial sector. As “tech debt” for companies rises due to newer accounting software for lawyers becoming more sophisticated, upgrade planning is now essential. However, the sector's notable billing, invoicing, and compliance needs mean care is vital in this process.**