Billing & Payments

#60 rlegaltech500

TimeSolv

Acquired by ProfitSolv (Lightyear Capital) (2020-05). Still operates under the TimeSolv brand.

Est. 1999 Updated 2026-03-19
Unverified by r/legaltech members — this page is based on publicly available information, not hands-on testing or practitioner feedback. Verify your experience with TimeSolv

Cloud-based time tracking and billing platform for law firms, operating since 1999. Acquired by ProfitSolv (Lightyear Capital PE) in May 2020; sits alongside Rocket Matter, CosmoLex, Tabs3, and Orion in the ProfitSolv portfolio — FTV Capital invested in 2025. Targets solo to mid-size law firms with timer-based time capture, batch invoicing, trust/IOLTA accounting, LawPay payment processing integration, and QuickBooks sync. Users on r/LawFirm consistently cite TimeSolv when billing-only solutions are requested, preferring its focused toolset over all-in-one PM suites that bundle billing as a secondary feature. Capterra 4.5/5 (109 reviews). Reddit recommendations skew toward solo and small firms (1-20 attorneys); suitability for 50+ attorney firms is unverified. Designed for law firms, not corporate legal departments or legal ops teams — generates invoices rather than receiving/reviewing them. Pricing starts ~$30/user/month (vendor-stated). Vendor-published case studies exist but no independent ROI data verified.

Capabilities

Spans 6 product areas: Time and Billing, Payment processing, Matter Management, Accounting/Finance, Spend Management and E-Billing, Workflow Automation.

Workflow Coverage

Based on published feature listings, this tool maps to 4 workflow areas:

  • Billing, Time & Finance
  • Client & Matter Lifecycle
  • Document Drafting & Automation
  • Firm Operations & Growth

Workflow mappings derived from published feature lists. Not independently verified.

What We Haven’t Verified

This page was assembled from publicly available information. Feature claims and workflow mappings are based on what the vendor and third-party listings publish — not hands-on testing or practitioner feedback.

Community Data

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