Elder law is a system of laws designed to oversee the wellbeing, rights and treatment of elderly people and their families. Whereas many other disciplines of law concern disputes between two individuals or organizations or criminal statutes, elder law is concerned with representing citizens who are often times no longer able to stand up for their own rights. Elder law attorneys must obtain an undergraduate degree, complete law school and then be admitted to a state bar to practice elder law in the United States. Specialty training is typically learned and obtained in the field in private practice as a sole proprietor or as part of a law firm. The most commonly handled matters for elder law attorneys are elder abuse and neglect, matters regarding power of attorney (POI) and estate administration.
Elder law attorneys are largely relationship-focused. The field can be challenging as often times client estate planning is unclear and various interests can be involved. What makes this law so unique and rewarding is the chance to interpret and apply a favorable outcome in the best interests of an elderly clients unable to act on their own. Deciding on a solo practice or a partnership is an important consideration for an elder law attorney. Partnering with other lawyers can represent a value-add as costs can be split and casework divided along skill-based lines, such as shared paralegal and administrative staff. A trust account or IOLTA (Interest on Lawyers Trust Account), account must be opened so the firm can accept client funds for retainers and subsequent elder law payment for fees. Firms large and small operate using on premise software or software-as-a-service (SaaS) to record billable hours, manage client files, record accounting, handle billing and send invoices for elder law payments.
Let Payment Integrator take care of your elder law billing needs so you can concentrate on speedy, positive results for your clients. Elder law practices can apply our industry-leading payment processing solutions to existing electronic billing systems and IOLTA accounts. With our frictionless integrations, client payments can be made electronically with credit cards and debit cards or through the use of eCheck and ACH technologies. Our hosted payment page (HPP) is perfect for creating live elder law payment links to accompany client invoices for immediate payment. Pursuant to state jurisdiction, Payment Integrator will accept all major credit cards, debit cards, and enable the use of e-wallets such as Apple Pay and Google Pay. All of our elder law payment acceptance methods are secure, P2PE, tokenized, and PCI-compliant.
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