Law Firm Payment Processing
Merchant Accounts for Law Firms
Reliable payment processing for law firms, solo practitioners, and legal service businesses that accept credit card payments.
Legal Industry Expertise
Our underwriting team works with law firms and legal service businesses that need reliable payment processing for client billing.
Retainer Billing
Client retainers, installment payment plans, and legal services invoices handled through native recurring billing in our gateway.
Fast Approvals
Most law firm merchants receive a decision within 24 to 72 hours of submitting a complete application.
See How Your Legal Processing Rates Compare
Law firms deserve transparent pricing with billing tools that match how legal practices actually operate. Enter your volume to see what we can offer.
- Retainer and installment billing built in
- IOLTA trust account guidance included
- Fast approvals for law firms and legal services
How much are you overpaying?
Enter your numbers from last month's processing statement.
All figures shown are estimates only and may be subject to change based on application review, business model, risk factors, and underwriting assessments. This tool does not constitute a commitment, guarantee, or offer of specific terms.
Same-day decisions · No application fee · Dedicated account manager
Payment Processing Designed for Law Firms and Legal Professionals
Law firms that accept credit cards for client retainers and legal services need payment processing that handles IOLTA trust account requirements, recurring retainer billing, and the unique chargeback risk that comes with legal service disputes. Corepay provides law firm merchant accounts with the billing flexibility and compliance awareness that legal practices require.
Challenges Law Firms Face
IOLTA Trust Account Compliance
Law firms must separate earned fees from client funds. Many processors do not understand IOLTA trust account requirements and configure accounts incorrectly.
Retainer Billing Complexity
Monthly retainers, hourly billing invoices, and case milestone payments require flexible billing infrastructure that many processors handle poorly.
Client Chargeback Risk
Clients who dispute legal outcomes or feel overcharged sometimes initiate chargebacks on legal fee invoices, creating costly dispute situations.
Online Payment Collection
Law firms that invoice remotely need clean online payment collection that integrates with their practice management systems.
Built for Legal Billing
Law Firm Underwriting
Specialist underwriting for solo practitioners, boutique firms, and large law practices across all practice areas.
Retainer Billing
Monthly retainers, milestone invoices, and case payment plans managed through our gateway's built-in recurring billing engine.
Online Invoice Collection
Send payment links and invoices that let clients pay from any device, with full reconciliation support.
Chargeback Alert Integration
Ethoca and Verifi alerts catch incoming disputes before they post, protecting legal services revenue.
IOLTA Guidance
Our team advises on payment account configuration to support IOLTA trust account compliance requirements for client fund separation.
Dedicated Account Manager
A named account manager experienced with legal services payment processing, available around the clock.
Corepay By the Numbers
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24-72h Typical Approval Window
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98% Uptime SLA
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135+ Currencies Supported
Processing Payments in 30+ Countries
United States
50 statesFull domestic processing with next-day funding and dedicated account management.
European Union
27 member statesPSD2 and SCA compliant processing across all EU member states with multi-currency settlement.
United Kingdom
England, Scotland, Wales, NIFCA-regulated payment processing with GBP settlement and local acquiring.
Australia
All territoriesAPRA-compliant processing with AUD settlement and Asia-Pacific connectivity.
Law firms have unique billing requirements, and finding payment processing that fits those needs is not always straightforward. The legal services industry is valued at over $396 billion and continues to grow. However, law firms can be classified as high-risk by banks and processors, making it important to choose a provider that specializes in this space.
Payment Solutions for Lawyers
Legal practices need multiple payment channels. The most common methods include virtual terminal processing for online and phone payments, mobile processing for in-person transactions, ACH for cost-effective bank transfers, and payment gateways for web-based billing. We also support recurring billing for retainer arrangements and invoicing for flexible client payment options.
Applying for Your Account
You will need:
- Company EIN document
- Personal and business financial statements
- Proof of operating address
- Articles of incorporation
- Principal’s driver’s license
- Business plan (optional, but helpful)
- Business bank account (voided check)
Having clearly stated refund policies, a compliant website, and a low chargeback history will help speed up your approval and may improve your rates.
Processing Fees
Fees vary depending on the type of payment processing, your chargeback ratio, and the type of law firm. Card-not-present transactions statistically result in more chargebacks than card-present transactions, which affects pricing. The MCC for legal services and attorneys is 8111.
Multiple Merchant Accounts
We recommend operating with multiple merchant accounts to mitigate risk. If something happens with one account, you can continue accepting payments through the other. This is especially important for law firms with high billing volumes.
Why Choose Corepay
- Competitive rates
- Approvals within 24 to 72 hours
- High-volume and high-ticket processing
- Multi-currency support
- PCI Level 1 security
- Mobile payment support
- Transparent pricing with no annual, setup, or application fees
- 24/7 customer service
