Law firms know that optimizing the payment collection process is one of the most critical drivers of profitability, yet too often payments are treated as an afterthought. Clarra’s new accounting and analytics suite, now live on its litigation-focused practice management platform, tackles this head-on by embedding Confido Legal’s payment technology directly into its financial workflows.
Why this matters for your firm
With Clarra’s new module, you can generate invoices, trust requests and client statements inside the platform and automatically add payment links without leaving your workflow. Once a client pays, the payment automatically updates within Clarra, giving you real-time visibility into accounts and balances. That means less chasing, fewer manual reconciliations, and faster access to working capital.
Payment collection isn’t just about convenience. It directly impacts your firm’s profitability and cash flow. By integrating digital payments into a matter-centric accounting system, Clarra allows you to track the full financial lifecycle of each case — from forecasting to invoicing to collection — all while staying compliant with the rules of professional conduct.
Beyond revenue: true profitability insights
What makes Clarra stand out is its ability to track not just revenue, but also the full range of costs associated with a matter. From billable and nonbillable time to expenses and vendor payments, every cost is tied back to the case itself. This allows you to see not just which matters bring in the most revenue, but which ones actually deliver the highest profit.
That difference is crucial. In today’s legal market, shaped by AI and technology, efficiency and profitability matter more than raw revenue. High-revenue cases can still drag down margins if they consume excessive time and resources. With Clarra, you gain the ability to spot those imbalances and make data-driven decisions about where to focus your team’s energy.
Key features of the Clarra–Confido Legal integration
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Invoices and payments: Send invoices with embedded payment links and track status in real time.
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Trust accounting: Request trust deposits digitally and ensure compliant funds handling.
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Automatic updates: Payments sync back into the Clarra dashboard.
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Financial visibility: Pair revenue and cost data with Clarra’s analytics dashboard to understand profitability, utilization, and cash flow by matter.
The bigger picture
As Emery Wager, cofounder of Confido Legal, put it:
“Optimizing the collection process has an outsized impact on a firm’s profitability. With Clarra, firms will now be able to see that impact in real time.”
For law firms, this means less time spent tracking down payments and more time focusing on client work. It also means making financial decisions with confidence, supported by accurate, up-to-the-minute data about both revenue and costs.
Moving forward
The legal industry is entering an era where financial insights can no longer live only in back-office accounting systems. Law firms need that intelligence connected directly to the matters they manage. Clarra brings accounting-grade visibility into case analytics in a way that hasn’t been possible before — combining revenue, costs, payments, and profitability into a single, matter-centric view.
At Confido Legal, we’re excited to power the payments side of that vision. By embedding compliant, digital-first payment options into best-in-class practice management platforms like Clarra, we’re helping law firms strengthen profitability, reduce risk, and modernize the way they run their businesses.
Let us help reduce the cost and improve the client experience associated with accepting payments.
