FOR SOLUTIONS PROVIDERS
Get paid easier & faster, with the flexibility your clients will love.
Unlock faster payments and boost your bottom line while empowering your clients with flexible financing. JurisPay lets you get paid upfront while your clients defer payment until case settlement or two years —whichever comes first.
Frequently Asked Questions
JurisPay is a financing solution offered to legaltech vendors to allow clients to defer payments until the earlier of the case settlement or two years.
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You apply to JurisPay to offer our financing solution to your clients.
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Once you are approved, we will review your client list and JurisPay will approve law firms that meet our criteria to have extended payment terms.
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For approved law firms, your sales team manages the full sale process and offers the law firms two payment options (1) your normal payment terms (2) JurisPay Extended terms. The law firm signs on your contract as normal.
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Your team assigns the invoice to JurisPay and notify the law firm of the assignment. JurisPay then pays you your standard price.
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The law firm pays JurisPay for full invoice value when the case settles or two years. JurisPay is responsible for the collections process saving your team the effort of managing collections.
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No, there is no impact on the vendor's top line or cash flow. JurisPay will pay your full amount upon assignment of the law firm's invoice. We work with your team to offer a pricing structure that includes JurisPay’s fees to your clients.
Many law firms want to delay payments for case expenses so they are spending out of pocket. JurisPay extended payment terms allows law firms to align expenses to revenue.
No, the payment is due from the law firm no matter the outcome of the case. The law firms are buying your product or service to manage their case so they owe the fees for the service. JurisPay is simply allowing them to defer payments to a later date.
JurisPay resonates strongest with plaintiff-focused law firms that take cases on contingency because it solves a cash flow issue that is unique to their business model. Currently, JurisPay is focused on supporting law firms managing personal injury or employment law cases.