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Do LawPay Processing Fees for Trust Transactions Get Charged out of my Trust Account?

Objective:

  • Lawpay processing fee
  • IOLTA transaction
  • Credit Card Payment

Environment:

  • Clio Manage

Additional Information:

  • N/A

Answer:

No, LawPay is not allowed to take money from any Trust account and will charge all processing fees for transactions on both accounts to the Operating account. These will be charged as monthly fees and will show up as two separate charges, one as a processing fee for the Operating, the other a processing fee for the Trust. Both of these charges will appear on the physical Operating account. 

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