Bill Payment Trends & Their Impact on the Legal Industry
A man drawing an upward arrow with a permanent marker
1 min read

Modern Payment Trends: What this Means for the Legal Industry

Share:
1 min read

Think about the last time you paid a bill. Did you pull out cash to carefully count it? Did you write and rip out a check from your checkbook? Or did pay with a credit or debit card—whether that payment was made in person or online?

The way that people are paying for things, even for professional services like yours, are changing. And while you might not have thought that the payment methods you offer clients could have much of an effect on your business or your clients’ satisfaction, recent studies are telling a different story.

Our partners at LawPay put together the following infographic to show how current payment trends are affecting lawyers and their clients.

Want to offer your clients a modern payment experience while you get paid for your work faster? TimeSolv partners with LawPay to give lawyers a simple, secure way to accept online payments without having to leave the TimeSolv platform. To learn more, visit LawPay here.

Stay up to date with the latest articles, educational resources, and news

Subscribe to our newsletter

You might also like

past due invoice rubber stamped as paid on white paper

How to Write a Past Due Invoice Email: Templates & Examples

Every law firm knows the frustration of waiting on overdue payments. You’ve put in the...
A male paralegal standing by the window with a notebook and pen in hand.

The Ultimate Attorney Billing Cheat Sheet

Paralegals typically supplement a lawyer's efforts when preparing for cases, taking on...
Tip of the Week: Managing Non-Billable Matters

Tip of the Week: Scheduled Reporting with Quick Schedule

Need to send out reports automatically and regularly? Look no further than TimeSolv's...
5 Ways TimeSolvPay Streamlines Your Invoicing and Payments

What Does a Court Clerk Do? Key Roles and Responsibilities

The comings and goings of a busy courthouse may leave visitors asking, “What does a...
A close-up of a finger touching a glowing icon of legal scales

Effective PR for Law Firms: 7 Strategies for Success

Every law firm looks for ways to attract clients, build credibility, and establish a...
A male lawyer using a laptop, with AI-related icons overlaid on the image

Tackling Legal Issues with AI: A Guide for Modern Law Firms

Artificial intelligence holds the promise of improving various industries through smart...
A laptop screen displaying OpenAI’s ChatGPT

Utilizing ChatGPT for Lawyers: A Comprehensive Guide

Whether you’re a fan or not, generative AI is now a major presence in many industries...
5 Ways TimeSolvPay Streamlines Your Invoicing and Payments

What Is Accounts Payable? Key Insights for Law Firms

Understanding the financial health of a law firm is crucial, and a key aspect of this is...
Maximizing Profitability TimeSolv's Impact on Capturing Billable Minutes

Law Firm Finance: Accounts Payable vs. Accounts Receivable

Achieving financial stability is crucial for any law firm, and this often involves...
Effortless Collections TimeSolv's Role in Reducing AR to Zero

Streamlining Invoice Management: 5 Strategies for Legal Firms

Invoice management might appear to be a minor detail in the grand scheme of business...
Get Started with TimeSolv