See how much more your firm can collect using Clio Payments

Law firms that use Clio Payments collect 7.3% more of their total billings, and 57% of electronic payments get paid the same day.1

Credit Card Collection Calculator

How much does your firm collect each month?
$10,000

Collect $ more per month by accepting credit card payments online, using Clio Payments (even with transaction fees).

Stop chasing late payments and start getting paid more, faster.

Activate Clio Payments

FAQs

What is the Clio Payments Collection Calculator?

The Clio Payments Collection Calculator calculates the additional revenue firms collect when they accept credit card payments from clients online–compared to accepting other payment methods (such as check and cash).

How are the results calculated?

We use a few key data points to calculate the results. Based on our data, law firms using Clio Payments:

  • collect an average of 7.3% more of their total billings;
  • have an 80.1% probability of being paid in 90 days (a higher probability than those who do not have Clio Payments enabled).

Can I see an applied example?

Law firm X is Clio Payments enabled and has 10 bills with a total value of $10,000. Based on our data, Law Firm X, could expect to collect $8,160 within a 90 day period, and incur $159 in transaction fees. Law firm X would collect $8,001 in total.

Law firm Y is not Clio Payments enabled, and has 10 bills with a total value of $10,000. Based on our data, Law Firm Y, could expect to collect $7,430 within a 90 day period, and incur no transaction fees. Law firm Y would collect $7,430 in total.

Despite paying credit card and transaction fees, firms that use Clio Payments still collect more revenue overall.

Clio Payments
Online credit card payments, powered by LawPay.
Other (Cash or Check)
Manual payment methods such as cash, check, or money order.
Average Monthly Bill Amount The total average amount a firm bills its clients each month $10,000 $10,000
Amount Collected
Amount of bill paid
$8,160 $7,430
Transaction Fees2
Total cost of transaction, such as credit card fees
$159 $0
Total Collected
Total amount collected after transaction fees
$8,001 $7,430
Additional Money Collected
Amount of additional money collected using Clio Payments
$571 $0

Where is the data sourced?

In an anonymized and aggregated study of Clio Payments enabled accounts and non-enabled accounts, we analyzed the average rate and quantity at which over 1,000,000 bills were paid.

1 According to the 2019 Legal Trends Report

2 Note these rates are based on a typical US Visa or MasterCard rate of 1.95%