AffiniPay Exceeds $125 Million Processing Volume Milestone With Pay-Over-Time Solution For Legal Fees, Powered by Affirm

Austin, TX (March 20, 2024) — AffiniPay, a leader in online payments and software solutions for professionals, has announced that over $125 million in legal fees has been processed with Pay Later, their pay-over-time product. This record milestone reflects AffiniPay's commitment to providing software that drives outstanding outcomes for its customers, ensuring everyone can have access to legal support and representation.

Pay Later, the first fee lending solution specifically for the legal industry, was announced as a new payment option for LawPay customers in April 2022. Two years later, over 54,000 legal professionals utilize the payment option available exclusively in the LawPay and MyCase platforms.

"Pay Later has benefited our firm because it has allowed clients to use Pay Later versus not being able to afford it otherwise," said Troy Cupps, the Office Manager for Diana Cupps Law and LawPay Customer. "[Pay Later] allows the client to pay over time because [...] none of us plan for the upfront cost of a retainer and legal fees that go along with a divorce."

Powered by Affirm, AffiniPay's Pay Later solution allows law firms to receive the full invoiced amount at the start of an engagement while enabling clients to pay their legal fee loans over time in monthly installments. The Pay Later product allows firms to take on legal work they wouldn't normally accept, as their clients are able to take on legal fees while paying in installments.

"The rapid customer adoption and use of our Pay Later product is something we are very excited to celebrate," said Dru Armstrong, Chief Executive Officer of AffiniPay, parent company of LawPay and MyCase. "With Pay Later, we have been able to provide greater access to justice for our firms' customers. We are relentlessly committed to providing payment options like Pay Later that benefit the overall financial wellness of our firms' businesses."

"No one should have to go into revolving debt to access critical legal representation and services. We're proud to partner with AffiniPay so consumers don't have to," said Pat Suh, SVP of Revenue at Affirm. "Pay Later not only empowers people to pay for and afford necessary legal representation through transparent financing, but it also enables law firms to accept even more legal work."

For more information about Pay Later, please visit https://www.lawpay.com/affirm.

About AffiniPay

AffiniPay is a market leader in practice management software and online payments for professionals serving legal, accounting, architectural, engineering, and construction firms. AffiniPay has been recognized as one of Inc. 5000's fastest-growing companies for 12 years in a row. Each of its brands leads the market it serves with solutions purpose-built by industry including LawPay, MyCase, CASEpeer, Docketwise, CPACharge, and AffiniPay for Associations. AffiniPay's solutions are trusted by more than 245,000 legal & accounting professionals with more than 150 strategic partnerships and endorsements, including the American Bar Association and the American Institute of Certified Public Accountants. Visit affinipay.com to learn more.

Payment options through Affirm are subject to eligibility and are provided by these lending partners: affirm.com/lenders. CA residents: Loans by Affirm Loan Services, LLC are made or arranged pursuant to California Finance Lender license 60DBO-111681.