Legal Compliance Software Built for Securing IOLTA Compliance
Unlike most payment providers, LawPay helps you adhere to attorney trust account rules.
You've worked too hard to jeopardize your firm with trust account noncompliance. You've worked too hard not to use LawPay. LawPay was the first online payment solution developed specifically for lawyers. Not only does LawPay prevent commingling of earned and unearned funds, it also protects your trust account against any third-party debiting—ensuring compliance with ABA and IOLTA account rules.
Enjoy the peace of mind that only comes with using a payment solution developed exclusively for law firms.
Trust accounting experts
Every good relationship is built on trust. Your colleagues trust you to be informed. Your clients trust you to do what's best for their case. You should be able to trust your payment partner to understand IOLTA account guidelines.
We built LawPay with input from bar association partners and their ethics committees to ensure all credit card, debit card, and eCheck payments are processed in compliance with attorney trust accounting rules. We know there are serious consequences for trust account violations, which is why we're committed to keeping you compliant.
Want to learn more about LawPay's IOLTA expertise?
Speak with one of our in-house Certified Payments Professionals!
How we ensure IOLTA account compliance
We keep earned and unearned funds separate
LawPay gives you the ability to connect both your trust and operating accounts to your LawPay account, which means you never have to worry about commingling of funds.
You receive 100 percent of your deposits
Most payment processors debit fees before depositing funds, risking a trust account violation. LawPay deposits the full payment instead, then debits your operating account—never your trust account—once a month for all fees. Since nothing is netted from individual transactions, each deposit matches its invoice and daily totals agree with your ledger, meaning month-end reconciliation starts clean instead of chasing differences.
We prohibit third-parties from debiting your trust account
Funds in your trust account are legally protected from all third-party transactions. We don't allow debits from your trust account at any time for any reason—including client disputes and chargebacks.
You can show your work
Compliance is easier to maintain when it's easy to review. LawPay keeps trust account activity and balances visible by client, with a complete transaction history you can filter by date, status, or your own tags and export to Excel or CSV. Payments sync to QuickBooks Online, so when an auditor or your accountant asks how a dollar moved, the record is there—though reconciliation and sign-off stay with you.
I would rather use LawPay than any other competitor because they understand the practice of law and the rules I'm required to follow as a lawyer.
Jeff Freeman / Founding Partner, Freeman Tax Law
