Interesting news for law firm Credit Managers

Posted by David on 05 May 2009

For those who read the newspages of legalsupportnetwork.co.uk or receive the weekly email newsletter, it may not have escaped your attention that MiniSoft Worldwide who provide the ARCS credit management software for law firms, recently announced the successful implementation of ARCS in to Blake Lapthorn.

The reason this sparked my interest to blog was that it was this very subject, the implementation of credit management software, that recently generated much discussion at the first LSN Credit/Revenue Managers Forum which was held back in March 2009.

Whilst I have no stats to hand, I think it's fair to say that a majority of Top 100 law firms fall into one of two camps in terms of credit management software. Some use ARCS by MiniSoft Worldwide and some use CreditForce from Innovation Software. There are those firms who fall in to none of the above and either use the functionality that came with their existing practice management system (PMS), possibly the odd firm who have a clever Excel spreadsheet (although I hope not) or opted for another credit management software (I'd be interested to know which?).

There's already been some interesting discussion on credit control software packages in the LSN online forum and the online forum for Credit & Revenue Managers is gathering traction with a number of relevant threads and posts.

We're planning on the 2nd Credit/Revenue Managers Forum in early July 2009 - keep an eye out for this and other LSN events in the future.