Management Assistance Program
“Buy now, pay later” for Lawyers to be Launched by LawPay
By Jim Calloway
Dru Armstrong has been CEO of LawPay for just a few months and it was a pleasure to meet her when we interviewed her for our Digital Edge podcast: A Conversation with LawPay’s CEO – and Introducing ClientCredit. She was fun, engaging and it clearly wasn’t her first rodeo as far being interviewed. Armstrong covered a lot of topics, but she was most excited about introducing ClientCredit, a “buy now, pay later” financing option to be rolled out next year. Clients who are unable to pay a retainer or a larger bill, will have a quick option to finance the payment, allowing the client to stretch out their payments over time while the lawyers receive their fees now. Certainly, after the last year and a half, most lawyers are convinced of the benefits allowing clients to make electronic payments. Listen to Dru discussing this new “buy now, pay later” option and many other aspects of managing digital financial transactions.
As most lawyers reading this are probably aware, LawPay has been providing payment processing services to the legal profession for a long time and is an OBA member benefit. They have many offerings related to lawyers getting paid. Even non-subscribers can get some great forms from LawPay’s Resources Center.