Better Deposits and Better Payments for Lawyers

Helcim introduces Split-Deposits to Trust and Operating Bank Accounts designed specifically for those in the legal industry.

If you’re a lawyer or work in the legal industry, you know how important it is to establish separate bank accounts to properly track and reconcile client payments. With Helcim, it’s easy to configure your bank accounts to meet your business needs using the self-service options within your Helcim account.

You can specify which account will be used for funds being held in trust, and your payments will be deposited for the full amount while all fees are withdrawn from your designated operating account. You can easily upload your banking information and drag and drop accounts to assign each account’s function as needed. The self-serve capability makes it easy for you to update and edit accounts whenever you need to.  

The ability to set up split-deposits to trust and operating bank accounts is just one of the ways that Helcim makes it easier for lawyers to accept payments. Law offices that sign up for Helcim immediately have access tools that allow them to manage payments, remind clients when payments are due, and reconcile their payment records. 

No matter how you’re accepting payments, all of your client’s sensitive payment information is securely stored in the Helcim Card Vault. We treat your business data and client’s payment information the same as our own. Helcim will securely store your client’s payment information while still allowing you access when you need to process a repeat payment. 

Your Helcim account provides one easy point of access to all the tools you need to accept payments and manage your business. No matter how you choose to accept payments, your deposits will be completed within two business days and sent to the account you specified when setting up your account. 

If you need to accept payments in-person you can use the Helcim Card Reader with the Helcim Payments app to quickly process payments from clients who visit your practice in-person. However, if you find clients are often calling in to provide their payment information, you can simply log in to your Helcim account and use the virtual terminal to accept payment right there on the phone. The payment will be processed automatically and you can provide a confirmation number on the phone or email a copy of the transaction to your client. 

All Helcim accounts include online invoicing. The invoice tools make it easy for you to create and send invoices in just minutes. You can also remind clients when payments are due by sending payment requests as text messages or as email reminders. If you often find the end of the month means chasing down outstanding payments from multiple clients, the Order Due tool can help you automatically send reminders in bulk to clients with outstanding invoices. Each invoice will also include a Pay Now button that makes it easy for clients to submit payment online at a time that is convenient for them.

Ready to Switch to Helcim?

If you’re a lawyer or law firm that has signed up for Helcim, your account automatically includes split-deposits to trust and operating bank accounts, for no additional fee. Learn more about how to update your banking information, or let us know what other features you’d like to see that would make Helcim work better for you. 

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