ClientCredit

ClientCredit is a legal fee lending solution exclusively available through LawPay. With ClientCredit, you receive the full invoiced amount at the start of an engagement while still being able to offer clients the option to pay a loan for legal fees in automated installments.

Let your clients pay later, while you get paid now.

More Reliable Cash Flow

ClientCredit helps mitigate the risk of late and non-payments. Your firm receives the total invoiced amount upfront, while clients get an automated payment plan that meets their financial needs.

Faster Payments

With traditional legal services financing, you receive multiple smaller deposits. Allowing clients to use ClientCredit means you can secure your full requested amount in advance.

Better Client Acquisition

Adopting an online payment solution that enables you to offer flexible payment options such as credit, debit, eCheck, and ClientCredit instantly makes your firm more appealing to potential clients.

BENEFITS

Improve your collection rate and decrease outstanding accounts receivable

ClientCredit enables you to easily accommodate the evolving payment preferences of modern legal clients and cut down on time spent chasing after overdue invoices.

Offer clients a more flexible payment experience

Rather than being put in the challenging position of having to find a way to pay one large lump sum, ClientCredit enables your clients to secure legal representation and still allocate funds for other expenses.

Increase your pool of prospective clients

ClientCredit opens up access to legal representation to people who want an alternative to credit cards. It’s also an attractive option for prospective clients who have a credit card but would prefer not to charge a large amount.

Get more time back in your day

Along with giving you the power to offer automated legal fee financing through ClientCredit, LawPay simplifies and streamlines the overall invoicing process and makes it easier for your clients to pay.

Frequently Asked Questions

Why should I offer ClientCredit?
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How does the law firm receive funds?
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Is there any recourse to the law firm if the borrower doesn’t pay?
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How and when will I be paid?
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What is the application process for my clients? How quickly do they get a response?
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Is there a transaction size limit for ClientCredit? Is this a line of credit or tied to the specific transaction?
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Can ClientCredit be used for payments into trust (IOLTA) accounts?
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Is there any cost to the law firm related to ClientCredit? Can I pass this fee on to my client?
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What is the difference between ClientCredit and a payment plan through Scheduled Payments?
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How do refunds work with ClientCredit?
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Does the American Bar Association (ABA) have a stance on fee financing?
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How do I let my clients know about ClientCredit?
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How do I get ClientCredit?
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