Payment Solution For Law firms & Lawyers | All Cards Accepted
ForbesAdvisor - The Best Legal Billing Software Of 2022

Credit Card Processing Made For Lawyers

Getting your law firm set up to accept credit card and ACH payments requires a short consultation.

Schedule a meeting with our support team using the calendar below.

Get Faster Payments with TimeSolvPay

TimeSolvPay offers next-day funding, combined with online payment links in your email invoice, so you get paid faster.

The TimeSolvPay Difference

Securely accept credit card, debit card, ACH payments, and electronic checks through TimeSolvPay, either online or in-person, using technology that powers billions in transactions.

Achieve Zero AR

Store client credit card or ACH information in TimeSolv and run hundreds of payments on your schedule, with one click. Cash flow worries disappear.

Client Convenience

TimeSolvPay provides an online payment solution with a custom-built portal that allows law firms to easily track data and get instant visibility into deposits.

Compare and Save

TimeSolvPay provides the best rates in the legal collections industry, saving you on processing and transaction fees.

Happy customers

We have purchased or demoed countless billing solutions in my firm's multi-year quest to find a better alternative to Timeslips. Clio, Amicus, Bill4Time, Cosmolex, Firm Central, Cosmolex, QuickBooks, eBillity, MyCase, you name it, we tried it. Then we stumbled across TimeSolv. It is outstanding in every way and the simplicity of the user interface has led to ready adoption by everyone in the office and higher usage, and time capturing ratio, than we have ever experienced.

Pete Thomas

Praxidice Law

Easy to use, billing process is super fast. I moved from a slow and buggy desktop legal practice program, while functional was utterly infuriating to TimeSolv, which has been a revelation. By far, the best time and billing product I have used or reviewed.

Avi Firsch

The Law Office of Avram E. Frisch LLC

We rarely encounter any difficulties with using TimeSolv (and when we do, it's usually something we have overlooked.) But when we need help, that help is there immediately. They are meticulous, thorough, and courteous. It is a pleasure to work with them.

Janice Bader

Symbus Law Group, LLC

TimeSolv is powerful enough to meet my needs, but simple enough to be easy to use and understand.

TimeSolv is reasonably priced and not encumbered by a lot of features I don't need or want.

Todd Dickinson

Fisher & Dickinson P.C.

When I finally made the move, in less than a week, I was set up and fully ready to use TimeSolv with 17 years of Timeslips data converted into the program.

Customer service is excellent and the program is easy to use. I wish I had made the switch years ago. Complacency with an inferior product often delays progress.

Tom Kirkendall

Law Office of Tom Kirkendall

TimeSolv has made keeping track of billable time and the invoices extremely easy. Everything you could need is included with TimeSolv. It is easy to navigate and user friendly.

Jason Shoup

Hanor Law Firm

TimeSolv is hands down the best legal billing program available today. With more than 20 years in the legal industry, I've worked with a variety of legal billing programs, and this one tops the cake. 

Eva DeVincentis

O'Kelly & Ernst, LLC

TimeSolv Features for Modern Law Firms

Run Payments in Batch

Achieve zero AR by running secure payment processing for hundreds of invoices with one click.

Capture More Time

We meet you where it’s most convenient to capture time entries and billable hours. Four different ways to enter time and expenses.

Flexibility

TimeSolv was built to handle any time and billing scenario. Create invoices with a variety of options, hourly rates, custom payment plans, and flexible payment options.

FAQs about Payment Accepting Solutions for Law Firms

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What payment options are available to law firms?
There are many forms of payment law firms can choose from when collecting compensation for legal services rendered. Customarily, clients typically brought in or mailed payments to the firm in the form of cash or traditional paper checks. A firm member would then manually deposit the funds into the appropriate bank account. This type of payment arrangement has become less common in recent years with modern online payment options offering more convenience and less human error in the collections process. Electronic methods, like credit or debit card payments, and ACH (automated clearing house) or electronic check transfers, are now commonly used within law firms of all sizes.
How do law firms benefit from accepting electronic payments?
Law firm billing workflows can benefit in numerous ways from the acceptance of electronic payment methods. Electronic payments save law firms a significant amount of time by eliminating the need to transfer cash to the bank or wait for a paper check to clear. With a credit card payment, the funds can be transferred to the appropriate account within minutes, which promotes positive cashflow within the firm. For firms that send out electronic invoices, an integrated electronic payment system can also speed up payments and streamline the accounting process.
Electronic payments and online payment methods can also help law practices improve client relations. Legal clients do not like spending extra time delivering their payments to a physical office or mailbox. It is much easier and more convenient to pay a legal billing invoice from the comfort of home, or even on the go. Some law firm clients feel more secure using credit and debit payment options, while others appreciate the ability to pay off their legal fees over time. Whatever the client’s reasoning, law firms that offer a variety of payment methods are better positioned to receive the benefits even if transaction or credit card processing fees apply. Presenting better options and delivering high-level service results in improved client satisfaction.
How can law firms navigate the rules and regulations of accepting in-person and online credit card payments?
Depending on the jurisdiction, law firms may have to contend with numerous rules when accepting and processing digital payments. From the handling of process fees to reporting requirements, there can be a lot that law firms must do to remain in good standing with the respective bar.

Before integrating online payment platforms, law firms should conduct thorough research on the rules and regulations set forth by their state bar associations and consider any ethical considerations. Barring any infringement on ethical rules, law firms need legal payment processing software that is specifically designed to meet the industry needs. These companies processing payments typically have systems in place to automatically handle these process requirements and provide credit card processors and ACH solutions for attorneys by promoting compliance with ABA and IOLTA guidelines, specifically in the instance of advance payments and trust accounts.

Which payment methods promote faster law firm compensation?
Some payment methods are better suited than others for helping law firms keep their collection numbers high and the Account Receivables (AR) low. For example, the acceptance of electronic and credit card payments can be far more effective for faster payments than limiting payments to paper checks or cash. But the method of collecting those electronic payments also significantly affects the amount of time between invoicing and payment. A website payment option is a good tool, but an individual client portal is even better. A payment gateway link that accompanies electronic invoices also promotes faster payment.

One of the quickest ways for law firms to secure compensation is stored payments, coupled with running batches of automated payments. With stored online payment methods, clients provide the details of their preferred payment method, whether it is a credit card or bank account, to the firm, along with a preauthorization for payment. On the agreed upon date of the month, the law firm continues electronic payment processing from the stored form of payment. With batch processing, firms can use stored methods to secure regular payment from numerous clients simultaneously, providing a legal payment solution that gets firms paid in minutes.

How can law firms ensure the security of client payment information?
Not every legal billing and accounting platform offers the right, convenient payment solution for legal professionals. Attorneys are under an increased duty to ensure that client payment information is handled in the most secure manner possible. It is important that law firms utilize payment processing companies and ACH networks to deliver a secure payment experience. When choosing the best invoicing and collections platform, law firms should look for a legal practice management software system that has seamless integration options, or legal billing software with several built-in levels of security including Level 1 Service Provider certification.

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