Running a law firm is complex, especially when you need to pay partners and associates around the world. Fluctuations in foreign currency make costs seem unpredictable. We bring simplicity and certainty to the financial aspects of your law firm to mitigate risk and contain costs.
Reduce the complexity of making international payments. Know what's due and how much foreign currency is coming and going.
Lock in foreign exchange rates for future payments to global partners and associates so you can bill clients accurately.
Know your cash position. Anticipate how much foreign currency you need to cover international payments.
Cheques are expensive and hard to track. Make electronic bank payments so your payments are simpler and traceable.
Track each invoice and payment according to your specific client matter number and any other file naming system you use.
Know how much work you've done for a partner law firm and vice versa so it's easy to just bill the difference.
There's no need to manually add invoices and payments. We integrate with several major PMS/ERP providers for law firms, including Elite.
No software to install. This is a simple path to managing your international work more profitably.
Talk to a specialist to discuss your international payment or foreign exchange needs.
Western Union is a Fortune 500 company offering law firms access to the world's largest nonbank network for sending and receiving funds through our Western Union Business Solutions division. Today more than 700 law firms use our services to expand globally and mitigate the risk of international business.