LeanLaw, a corporation that delivers a money operating program for compact and mid-sized legislation corporations, mentioned these days it has lifted $4 million in a Collection A funding round led by FINTOP Funds.
Based mostly in Boise, Id., LeanLaw’s cloud-centered product or service gives IOLTA belief accounting, time and expenditure monitoring, billing, subject management, electronic payments, and reporting.
LeanLaw integrates and synchronizes with QuickBooks On the web, which it states helps make it an ideal alternative for little and mid-sized regulation corporations that use QuickBooks On-line.
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“With cloud-based mostly billing and bill workflows, legislation firms will see invoices paid 70% faster with LeanLaw’ streamlined accounting workflows” mentioned Jonathon Fishman, CEO of LeanLaw, in a push release announcing the financial commitment.
“LeanLaw’s greatness arrives from comprehension the cross portion of what we can automate, combine and what are the info prospects. FINTOP’s investment will accelerate our skill to supply product innovation, bringing even a lot more worth to our consumers.”
The organization states it will use the cash “to develop into a aggressive challenger to legacy legal tech and to transfer forward with its fintech integrations.”
Chris Haley, husband or wife at FINTOP Capital, who will sign up for LeanLaw’s board, reported he thinks that the upcoming phase of expansion in workflow program is heading to be the integration of operations and finance.
“At FINTOP, we have witnessed the shift toward embedded economic products and services and the a lot of gains it delivers to clientele,” Haley reported. “We look ahead to partnering with LeanLaw to enable regulation firms operate smarter and boost their monetary functionality.”