SILQ
SILQ has been selected as an ABA100® Winner for Software Innovation in The Australian Business Awards 2025. The Australian Business Award for Software Innovation [SWR] recognises software products and services that provide innovative solutions for business and market needs.
SILQ is legal practice management software used in an online, cloud-based environment to support Barristers and Solicitors with their everyday legal tasks.
Founded in 2002, first for Barristers, SILQ then expanded to the Solicitor market in 2012.
SILQ services legal practitioners who practice all types of law, including criminal law, family law, litigation, mediation, conveyancing and Wills and Estates.
SILQ operates in a responsive development environment, empowering users by ensuring their voices directly shape the platform.
SILQ provides high-quality data security. From SOC2 compliance to Multi-Factor Authentication and 24/7 system monitoring, SILQ ensures client data is safe and secure.
SILQ utilises automation to assist clients in accurately completing legal tasks on time. By spending less time on administration, SILQ’s client base can focus on helping their own clients through legal situations, thus increasing firm billables and thereby becoming more profitable.
The core features and functions used by SILQ legal professionals include:
- Accounting
- Integrated legal searches
- CDR-compliant Automatic Bank Feeds
- Invoicing (including bulk invoicing)
- Certified Trust Accounting
- Legal Matter and task management
- Court forms and Precedents
- Safe Custody
- Document generation
- Settlement calculator
- Email and document tracking
- Time recording
SILQ’s latest product innovation is CDR-compliant automated bank feeds. SILQ’s automatic bank feeds are the first—and only—solution currently in the profession to use the Consumer Data Right (CDR) framework for secure, compliant data sharing.
Automated bank feeds enable lawyers to seamlessly connect their bank and credit card accounts to their Practice Management Software (PMS). This allows lawyers to save time by prefilling transaction information, thereby eliminating the need to manually enter transactions for received and spent money.
Most bank feed solutions currently on the market use screen scraping. The Office of the Australian Information Commissioner has raised significant security risks associated with screen scraping. As a result, the Albanese Government has announced its intention to ban this practice and introduce regulations around CDR-compliant practices for non-banking industries. Thus, using SILQ’s CDR-compliant bank feeds will not only help protect firms against scams and fraud but also future-proof those firms preparing them for incoming regulatory changes.
The unique value proposition of SILQ automated bank feeds lies in delivering both compliance and efficiency. SILQ’s CDR-compliant bank feeds provide feeds for both expenses and receipts, tailored specifically to meet the requirements of legal practices. This dual capability ensures that every aspect of a practice’s financial transactions is captured accurately, creating a complete picture of office accounts.
SILQ’s automated bank feed feature is highly comprehensive, enhancing the legal practice management software to meet current and future business needs.
For more information about SILQ, visit: silq.com.au.