LegalCollect · Late Payment Penalties

Penalties that
apply themselves.

Automatically calculate late payment penalties and have them applied to your matters in Actionstep — with no human interaction.

Fully automatic, fully yours

Two types of penalty

LegalCollect supports both — use either, neither, or both.

  1. Fixed fee

    A set late fee applied when an invoice reaches the trigger point — simple and predictable.

  2. Penalty interest

    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.

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Let the meter run itself.

See a penalty calculated and posted to a matter automatically — book a demo.