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Firm Manager Rolls out QuickBooks Integration

Firm Manager Rolls out QuickBooks Integration

The award-winning cloud-based law firm practice management tool by LexisNexis rolled out a new integration for a widely adopted online accounting product.  The LexisNexis Firm Manager® team announced integration with the Intuit® QuickBooks® Online accounting software.

The integration synchronizes invoices created in the practice management tool with the accounting books maintained in the QuickBooks Online product.  This eliminates an extra step and reduces the risk of manual errors according to Whitney Pesot, a senior product manager with the Firm Manager team.

Small Law Spends 8 Hours a Month on Invoices

The benefits of times savings are fairly clear given the legal community largely bills by the hour – time is literally money.  A survey LexisNexis previous conducted of 309 small law firms found that law firm billing requires eight hours of work per month.

In that survey more than 60% of small law firms reported spending about eight hours per month on their billing process – and about a quarter say it can take up to 16 hours.  However process and technology are often a path to greater efficiency.   For example, market research from a Blue Hill Research analyst has shown small law firms can gain upwards of 48-96 billable hours per year with practice management solutions, while also reducing reliance on additional staff by 40%.

Listening to Voice of Customer

“From the outset the product has been designed to deliver an exceptional customer experience through speed, security and ease-of-use and we’ve been busily adding enhancements like this integration at the request of customers,” said Ms. Pesot, who is also facilitated the on-demand demonstration of the product which is embedded nearby.

The software integration announcement is the third substantive software update to the Firm Manager platform since the team announced email integration in September 2015.  Updates in the interim have centered on “voice of customer” requests from customization of matter intake templates – to creating tools for making the importation of data easier.

The product offers a free trial and is backed by one of the most recognizable and trusted brands in the legal community.  In addition, here’s a list of useful links lawyers and legal professionals interested in learning more about the Firm Manager may find helpful.

Firm Manager Product Reviews:

Firm Manager Software Enhancements:

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6 Enhancements to LexisNexis Software and Litigation Tools

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About Frank Strong

Frank Strong
Frank Strong is the communications director for the LexisNexis software division located on NC State’s Centennial Campus in Raleigh. In this capacity, he leads communications efforts in support of software products for law practice and law department management and also litigation tools – across large law, small law and corporate counsel segments. With more than 15 years of experience in the high-tech sector, Strong previously served as director of public relations for Vocus, which developed marketing, PR and media monitoring software. He has held multiple roles both in-house with corporations, ranging from startups to global organizations, and has also endured the rigors of billable hours, having completed gigs at PR firms including the top 10 global firm Hill & Knowlton. A veteran of two year-long deployments, Strong has concurrently served in uniform in reserve components of the military for more than 20 years, initially as an enlisted Marine and later as an infantry officer in the Army National Guard. Strong holds a BA in Film and TV production from Worcester State University, an M.A. in Public Communication from American University, and an M.B.A. from Marymount University. He is a PADI-certified Master Scuba Diver and holds a USPA "B" skydiving license.