Legal Practice Areas Supported by LexCharge
LexCharge truly understands the billing needs for law firms across different practice areas. Our credit card processing and e-check support works seamlessly with your hourly, flat fee, or alternative fee arrangement (AFA) needs.
Here are just some of the fields we specialize in:
Family lawyers typically bill predominantly through hourly time increments. Plus, many firms begin the client relationship with a retainer. For these reasons, it is critical for family law firms to work with a payment processor that understands trust and operating accounts. Fortunately, that’s LexCharge’s specialty.
Our legal practice management partners help support common billing structures for family law, including the ability to generate evergreen retainers, set different billable rates for different clients, and to quickly generate all of your invoices at once.
From a billing perspective, criminal defense is often the envy of other practice areas as the upfront fees make revenue predictable. However, in many cases, clients are limited in what they can afford.
Accepting credit cards helps this situation, especially when combined with the payment plan functionality offered by our legal practice management partners. With this powerful combination, you can agree on a fee with your client and allow them to pay it off over time—automatically. There’s no chasing down payments or paperwork on your part.
Estate Planning firms often need flexible billing structures. They need support for flat fees, which typically powers their will and trust creation. They might also want to provide payment plans so that their clients might be able to pay higher fees over the span of several months.
Estate Planners also often need support for hourly billing for probate or estate dispute work they perform, and creative firms may invent subscriptions for monitoring, maintenance, and ongoing services. When you keep credit card or ACH information securely on file, billing your estate planning clients becomes a breeze. Let LexCharge help you streamline your collections.
Business Litigation and Corporate Law
The world of business litigation is very flexible. While many corporate lawyers are hourly billers, this area of law is seeing the largest growth in AFA’s, which are demanded by savvy business clients.
Retainers are also a large part of business law, and they are supported by LexCharge’s robust handling and understanding of both trust and operating payment processing.
Through our legal practice management partners, LexCharge’s customers will enjoy support for common AFA’s, including payment plans and recurring billing. Whether you’re a sole practitioner or a larger firm, your financial administrators will be able to set and forget your billing. No paperwork required!
Helping clients resolve traffic tickets is a high-volume, transactional practice with typically lower legal fees. Accepting credit cards is a must. And because of the high volume, traffic ticket lawyers are especially vulnerable to hidden fees charged by LawPay and other payment processors. It’s not uncommon to pay a full percentage point extra on some of your transactions. Contact LexCharge today and see how much we can save for you with our transparent pricing.
When clients contact you with elder law issues, they are going through a lot. When it’s time to seriously consider an assisted care facility, cash on hand is a major concern, not to mention the emotional twists and turns of dealing with aging parents and making collective decisions with family members. Most situations that arise with ailing elders take a toll on the caretakers. Credit cards help ease the burden a bit for clients in this situation, as they provide another financial vehicle to ensure that loved ones get the care they need.
Real Estate Law
Real estate lawyers tend to do a lot of flat fee work, and credit cards and e-checks are perfect for property closings and other high-volume, routine, and predictable matters. You’ll see a reduction in both the amount of paperwork you have to deal with and your collection times.
When the occasion arises for less predictable, hourly billing work, LexCharge’s flexible trust and operating account configurations will cover all your payment needs.
LexCharge also provides payment processing for the following legal practice areas:
Alternative Dispute Resolution
Creditor Debtor Rights
Employment & Labor
Energy & Natural Resources
Entertainment & Sports
Estate & Trust Litigation
Estate Planning & Probate
Media and Advertising
Mergers & Acquisitions
Native American Law
Schools & Education
Securities & Corporate Finance
Social Security Disability
Transportation / Traffic Tickets
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If you’re like many law firms, you receive your monthly statements from your payment processor that are impossible to understand. To understand your fees, LexCharge will perform a Free Cost Comparison and quantify your monthly and annual savings from your existing processor. We guarantee to reduce your fees and help increase your firm’s bottom line profitability. To truly understand your fees, contact us today!