We get it. As a lawyer, you’re there to serve your client and fight for justice, which is why attorneys say that asking for payments is one of the toughest parts of their jobs. Asking for credit card or bank routing information can be even more daunting.
However, just as with any profession, lawyers need to pay their bills and put food on their tables. And by not accepting credit cards or eCheck payments, they’re missing out. In fact, a study by Intuit estimates that businesses that don’t accept credit cards lose out on approximately $7,000 in sales each year.
Since 1974, The American Bar Association has approved attorneys accepting credit card payments for their fees. But you still need to do it right. There are ethical considerations to consider and processes to put in place. And then there’s the fact that payment processing is yet another form of technology you’ll have to figure out.
The good news is that it is easy to make the switch. It might seem daunting, but once you learn how to use payment processing in your practice you’ll be amazed that you ever lived without it. And with this E-Book, we’ll walk you through every step of the way. We’ve lined up experts to help you get started and avoid all the pitfalls. You’ll not only make collections a whole lot easier, but you’ll bring in more revenue than ever before.
This guide will teach you everything you need to know about payment processing, including:
- What’s So Great About Payment Processing?
- How to Get Started
- When to Use eCheck for Payment Processing
- Why You Should Never Write Down Payment Information
- How to Use Payment Processing to Power Recurring Billing
- Payment Plans
- The Hidden Fees of Credit Card Processing
- Trust Accounting
- How to Establish the Ideal Billing and Payments Workflow
- Much, Much More