According to E commerce Times most consumers prefer electronic payments as oppose to other payment methods. Clio indicated that legal professionals are harnessing technology to adapt their services to new consumer expectations while building more successful, resilient firms. The pandemic has increased the amount of digital payments in most law firms. If you’re not already promoting your payment options, now is the time. Consumers are making decisions based on their favorite payment methods, so offering greater flexibility can help you convert more clients for your legal practice.
Ready to learn more about alternative payment methods? Contact us today to learn how we can help your practice grow! 888-505-5835
Legal Marketing Strategy
Best of all? It’s incredibly easy to include payment options in your legal marketing strategy. First, include payment options on your website. What can attorneys learn about other industries? Think of major retailers for a second. They all provide payment options either on their products, front page or check out area. Of course, pricing for legal services can vary. It's not about placing pricing for your services unless if you have standard pricing. This is about letting your prospective buyers know that you have payment options available to them.
What if you don't offer payment options? Simple solution
No worries. Today, law firms can take off the pressure of having in house financing by partnering up with a Finance Company. KGFA Capital today offers buy now pay later payment options for legal practices with our funding partners. As part of our legal disclosure we cannot guarantee that your law firm will be approved. At the same time, if you are approved your law firm can provide payment options. Best of all is that you get paid 2 to 3 days later upon your client being approved for financing for the total or partial invoice. Let's assume that you have a client and that your services cost $4,000 dollars. Your potential client may not have $4,000 to pay your or even a percentage of that. Your client will have 4 easy installments and our finance company handles the invoice and the collections. You don't have to worry about billing, invoicing or collections. You receive your payment.
Ready to learn more about alternative payment methods? Contact us today to learn how we can help your practice grow! 888-505-5835
Disclosure: KGFA Capital Ventures Inc. is a funding partner of QF Group LLC, United Consumer Financial Services Co and other funding partners. We cannot make any guarantees that your law firm or that any accountant will be approved to provide financing to their clients. Law firms and accountants must submit an application which will be underwritten to determine approval or denial. Rates are subject to change any time without notice. If approved, all clients are subject to underwriting guidelines to obtain financing. Also, clients pay 3% and the approved vendor up to 5% of the invoice amount. These percentages can be structured differently and subject to compliance. These rates can change at any time without notice.
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