{"id":15832,"date":"2024-01-22T07:11:50","date_gmt":"2024-01-22T14:11:50","guid":{"rendered":"https:\/\/nqzw.com\/?p=15832"},"modified":"2024-01-22T07:11:50","modified_gmt":"2024-01-22T14:11:50","slug":"law-firm-credit-card-payments","status":"publish","type":"post","link":"https:\/\/zebraworks.com\/en_gb\/law-firm-credit-card-payments\/","title":{"rendered":"A Better Way to Accept Credit Cards"},"content":{"rendered":"
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It\u2019s no longer a novelty for law firms to accept credit cards and ACH payments but a standard expectation from clients.<\/p>

But does it have to be so difficult and so expensive? No, and no.<\/p>

Accepting credit cards accelerates payments and reduces write-offs, but the process can be improved. The experience for both firm and client leaves a lot be desired, and the combination of consolidation and addressing the specific needs of law firms has made it more expensive than necessary.<\/p>

Typical Payment Process<\/h3>

\u00a0<\/h3>

Client Experience:<\/i><\/b> Clients typically receive an email with a payment link. However, they often must re-enter extensive contact and payment information, including matter ID and bill number.<\/p>

Firm Experience:<\/i><\/b> Firms then wait about three days for the payment to clear, after which they must decipher the client\u2019s information to apply it correctly.<\/p>

\"\"Optimal Payment Process<\/span><\/p>

Client Experience: <\/b><\/i>A click on the bill link in the email displays their outstanding bills, allowing easy selection and payment. Their payment information is automatically recalled, making the experience swift and efficient. Autopay options for future bills are an added convenience.<\/p>

Firm Experience: <\/b><\/i>Payments clear within a day and are automatically recorded and applied in the firm’s financial management system.<\/p>

Cost-Effective Solutions<\/span><\/p>

Law firms have unique credit card processing requirements, especially regarding trust accounting and IOLTA. You also want to work with a company that understands law firms and their billing practices to avoid holds or even denials on payments.<\/p>

Understanding these nuances is crucial, yet firms should no longer pay above-market fees for these services.<\/p>

Case Studies: Law Firms Embracing Change

<\/h3>

Sandra Haislet from Practus, LLP, reports that BillingQ’s integrated electronic payment solution outperforms traditional methods,<\/a> providing secure and adaptable payment options.<\/p>

Gina Martin from Nelson Hardiman highlights the transition to 80% electronic payment<\/a> intake, significantly enhancing efficiency and client convenience.<\/p>

This approach not only simplifies the payment process for clients but also streamlines financial management for law firms.<\/p>

Learn more about BillingQ Payments<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Bill Bice <\/h3>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
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CEO | nQ Zebraworks\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t
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Recognized as a legal tech industry visionary, receiving Thomson\u2019s innovator of the year award. Founder of ProLaw Software (acquired by Thomson Reuters), West km (used by 70% of the top 1000 law firms worldwide) and Exemplify (acquired by Bloomberg Law).<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

It\u2019s no longer a novelty for law firms to accept credit cards and ACH payments but a standard expectation from clients. But does it have to be so difficult and […]<\/p>\n","protected":false},"author":23,"featured_media":15842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[],"class_list":["post-15832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/posts\/15832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/comments?post=15832"}],"version-history":[{"count":0,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/posts\/15832\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/media\/15842"}],"wp:attachment":[{"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/media?parent=15832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/categories?post=15832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/tags?post=15832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}