Although electronic payments are not relevant for every ﬁrm, most law ﬁrms do at least a portion of their business by issuing ongoing invoices. For these firms, the data is clear: Electronic payments matter.
In this guide, we look at several different forms of electronic payment, from credit cards to cryptocurrency, diving into the key ethical traps, benefits, risks and best practices.
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Introduction - Why Payment Processing and Electronic Payments Matter
The Specific Considerations for Lawyers and Law Firms
Types of Electronic Payments
Credit and Debit Cards
ACH or eChecks
Credit Card Fee Structures and Pricing
Three Types of Credit Card Fees for Law Firms
Three Types of Credit Card Processing Pricing Structures for Law Firms
Shifting Card Processing Fees to Clients
Laws, Rules and Regulations to Consider When Shifting Fees
Rules of Professional Conduct
Card Brand Rules
Should You Shift Processing Fees?
Chargebacks for Law Firms
Why Do Clients Initiate Chargebacks against Law Firms?