Process how to accept credit cards
Consumers today expect the convenience of multiple payment options.1 To accommodate clients’ expectations, more and more firms are accepting electronic and credit card payments. However, this does make things a tad more complicated for your practice. Before you start “swiping,” make sure you understand transaction fees, processing options, and your duties regarding credit card trust accounts.
The ethics of payment
In Fee Agreements, Credit Card Payments, and Trust Account Obligations, the State Bar's Law Practice Assistance Manager, Ethics Counsel, and the Administrator of the Office of Lawyer Regulation (OLR) Trust Account Program will explain how to collect payment from clients without breaking the rules.
Attorneys of all experience levels will benefit from reviewing:
- Supreme Court Rules for accepting electronic payments
- The difference between fees and costs
- Appropriate payment processing protocols
- Options for accepting credit card payments
The presenters will also discuss common situations, so you have a clear picture of how the rules work in practice.
Know the OLR’s Trust Account Rules like the back of your hand with help from Fee Agreements, Credit Card Payments, and Trust Account Obligations (Original Program: 8/5/20).
1Does your law firm accept only cash and checks? You’re losing money