“Can a 40-year-old legacy legal/accounting practice management vendor reinvent itself as the modern, AI-enabled, payments-integrated OS for midsize law firms?”
Founded in 1983 as AbacusNext, the company built practice management software for law and accounting firms over 40 years. Rebranded to CARET around 2023 and shifted toward a modern, integrated SaaS + payments strategy centered on CARET Legal and CARET Pay. Now focused on becoming the all-in-one vertical SaaS platform for midsize law firms, layering embedded payments and AI-enabled document workflows on top of the legacy AbacusLaw / Amicus Attorney / OfficeTools product portfolio.
CARET processes payments through Stripe, Payrix, Authorize.net, Wells Fargo Merchant Services, American Express, Vantage Card Services, Forte and VIMAS.
CARET connects to bank accounts through Plaid.
CARET integrates with QuickBooks, Lacerte, NetDocs, Worldox, LawToolbox, Nylas (Gmail) and Lawmatics.
The Embedded Finance Index 2026 maps 3 layers in CARET's stack: Payments / PSP (Stripe, Payrix, Authorize.net, Wells Fargo Merchant Services and 4 others); Open banking (Plaid); Accounting (QuickBooks, Lacerte, NetDocs, Worldox and 3 others).
CARET is founded in 1983 and headquartered in San Diego, California, USA.
Get a read on where your own stack stands against CARET and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.