Answer: Yes, under specific conditions.

Explanation: A lawyer or LLP can accept payments to their COLTAF account via debit card, credit card, eCheck, ApplePay, AndroidPay, PayPal, Venmo, etc. However, because of ethical considerations applicable to lawyers and LLPs, you must use a specialized vendor for card payment processing. Card payment processors serving lawyers or LLPs must ensure that payments of earned fees are directed to the firm’s operating account, while unearned fees and other client and third-party funds are directed to the COLTAF account. It is also imperative that the card payment processor is capable of preventing chargebacks against the COLTAF account.

While COLTAF does not endorse any card payment processing vendors, the list below may be helpful in your search for a payment processor. If you use a practice management software, you may want to contact your practice management software provider to inquire about integration capabilities. Lawyers and LLPs are responsible for conducting their own evaluation of which payment processors offer adequate security and ethics compliance.