Online payments are a great way to boost law firm revenue. Especially, when we’re in a time where waiting around for paper checks and bank deposits just won’t cut it.
Data from the 2019 State of the Legal Market shows client demand has been stagnant for the last 10 years, since the Great Recession. Firms are fighting to bring in more revenue as demand continues to decrease. The outcome could have been much worse. It hasn’t been, thanks to the ingenuity of attorneys and law firms. It’s still incredibly difficult for attorneys and small firms to build the thriving practice they want.