Automatically calculate late payment penalties and have them applied to your matters in Actionstep — with no human interaction.
LegalCollect supports both — use either, neither, or both.
A set late fee applied when an invoice reaches the trigger point — simple and predictable.
Interest calculated on the outstanding balance — the meter runs until the debt is paid.
Check your retainer. Your costs agreement should provide for late fees or penalty interest before you switch this on — most firms' standard terms already do.
See a penalty calculated and posted to a matter automatically — book a demo.