How Changes in Legal Billing are Leading to Faster Payments [INFOGRAPHIC]
08/12/2022 By Taylor Dahlem
We don’t need to tell you that the legal industry has changed over the last few years — the once gradual switch to digital has become more rapid. While changes in the industry at large may not immediately impact the success of your firm, your client’s expectations and how they do business with you, will.
In a 2022 commerce and payments trend report, 50% of consumers responded that they consider themselves more digital than ever before. Clients have unlimited on-demand access to pay bills or make purchases — all they need is internet access and a payment method. Time is a luxury and this simple payment process affords consumers the efficiency they desire.
With paper check usage plummeting by 1.8 billion per year and 40% of individuals more likely to retain firms that accept online payments over those that don’t, adopting digital processes is the best way for firms to remain profitable and competitive in the market.
Luckily, getting started with online payments has never been easier. Bill4Time’s built-in payment processor, Bill4Time Payments, offers industry-leading technology that makes getting paid faster and conducting business with your client easier than ever.
