What happens to the IOLTA interest?

The majority of the IOLTA benefit is remitted to the Legal Foundation of Washington, or your state's equivalent, calibrated to the rate paid by top IOLTA-certified banks in the state.

We are not committing to a date. Launch is subject to WSBA approval of our pilot application and partner bank approval of the structure. Early access signups will be the first to know.

Transaction fees on payments, billed monthly to your firm's operating account. Optional subscription for firms with high client matter volume or advanced reporting needs. Nothing is ever deducted from IOLTA funds.

I'm not in Washington. Can I still sign up?

Yes. Sign up with your state and we'll notify you as we expand.

Modern IOLTA Trust Accounting for Law Firms

IOLTA Transformed

Always know exactly where your trust account stands. Confido uses your existing payments data to reconcile your IOLTA in real time and track every client matter automatically.

Early access is open. We're starting with Washington, pending WSBA approval.

Get Early Access

Start with Payments

Why Confido IOLTA?

No More Manual Reconciliation

3-way reconciliation is time-consuming. We power your payments, so we already have client data on money flowing in and out of your trust account. We use that data to give you real-time visibility into every cent in trust.

Your IOLTA Finally Talks to Your Software

Today your trust account is disconnected from your system of record. Confido powers payments inside your case management platform, so your balance and your records are one system, not two.

Catch Problems Before the Bar Does

Your license is on the line every time money sits in trust. Confido warns you about potential overdrafts, settlement risk and out-of-balance accounts the moment they happen, not at month-end, when it's already a problem

Stop Explaining Bar Rules to Bankers

Most bankers haven't read RPC 1.15. You end up explaining IOLTA rules every time something needs to happen. Confido works with thousands of legal professionals, and legal payments and money movement is all we do.

Modern Banking
Built for Law Firms

Real-Time Reconciliation

Use your existing payments data to automatically reconcile your trust account in real time.

Deep Legal Integrations

Sync with your existing or leading case management tools to pull in reconciliation data.

Bar Compliance Built In

Client-level balance warnings and settlement statuses prevent overdrafts. A detailed audit trail keeps historical records for you.

Built by a Team That Knows Legal Payments

Our team has decades of combined experience building payments and financial technology for the unique needs of law firms.

See Who Powers Payments with Confido Legal

Before working with Confido Legal, processing client payments was time-consuming and required a lot of manual follow-up. Their integration made it easier for our team to track payments, helping us convert accounts receivable into cash faster.

Shannon Valliere

CunninghamLegal

Our clients love the digital disbursement option through Confido. While transitioning from physical to virtual disbursements, 100% of our clients have opted for Confido's instant transfer process over ACH direct deposit and paper checks. It's a seamless way to handle disbursements, and it's made a significant improvement in our client experience and satisfaction. We couldn't be happier with the results and recommend it to firms looking to increase the efficiency, security, and accessibility of their client settlement disbursements.

Chess Diaz

Humphrey & Ballard

We have been customers of Confido Legal for approximately one business quarter. We are so glad we switched merchant services providers. It is literally saving us about $1,000 a month or more in merchant services fees. Confido is fully aware of legal accounting and has been able to put our minds at ease. We haven't had one unexpected charge occur, and the customer support is bar none.

Jennifer Jennings

Haefner Law Office

Confido helped us create a system that automatically splits client payments based on the items in each invoice and routes the funds to the right bank accounts. Money for client payment for government filing fees goes directly into our trust account, while earned fees go into our operating account. The client pays once, and everything else happens behind the scenes. It’s saved us a lot of time and made the payment experience much simpler for our clients.

Samuel Susser

Siskind Susser PC

Confido Legal has significantly streamlined our accounts receivable processes. It's easy to create a secure payment link that I can send through our regular billing system or via email. The platform makes it easy to check whether payments have been made and follow up with clients promptly regarding outstanding balances. It takes a fraction of the time compared to our prior processor.

Anne Marie Sargent

Connor & Sargent, PLLC

Confido offers our clients the seamless convenience of paying online. This saves administrative time for us and them and automates an essential part of our business.

Jared Bona

Bona Law

I want to tell you how awesome Confido Legal is to deal with. Jon Morgan is a pleasure to deal with, and he helped us when we struggled with disbursements. He walked us through it, and as fast as we completed the transactions, the funds immediately hit our bank account. We found that amazing as most of our life was checks and long waits for checks to clear. It's the bomb!

Jessica James

Senior Accounting Manager

Your Confido IOLTA 
Questions Answered

When will it launch?

The launch date is subject to WSBA approval of our pilot application. Early access signups will be the first to know. We plan to launch in other states as regulatory conditions allow.

Is Confido a bank?

No, Confido is not a bank. We partner with best-in-class financial institutions to hold your deposits in FDIC-insured accounts. Confido is a financial technology company that provides the online banking interface, customer support and industry expertise.

Who holds the client funds?

An FDIC-insured partner bank holds the deposits. Confido does not hold a banking charter and does not take legal custody of client funds.

Is it FDIC-insured?

Yes. FDIC insurance applies in accordance with FDIC rules. Confido's sub-ledger is structured to maintain pass-through insurance at the individual client level.

Is the IOLTA account in our firm's name?

Yes. The account is opened in the firm's name with a lawyer as authorized signatory, following the same titling and TIN structure your bar requires today.

Do we need separate reconciliation software?

No. Because Confido handles payment acceptance, disbursements, and the IOLTA all in one system, the bank balance, trust ledger, and client matter sub-ledgers stay in sync in real time. All you have to do is tag any remaining debits and credits.

What does it cost?

Early access firms get the Confido IOLTA for free. See Confido's pricing page for pricing on payments and other features. No fees are ever deducted from IOLTA funds.

Will this be available in states other than Washington?

Yes. We're starting in Washington because the WSBA's entity regulation pilot gives us a defined regulatory framework to launch under. Each state's bar has its own IOLTA rules and approval process, so expansion will happen state by state, not all at once. Sign up with your state and we'll let you know when we get to yours.

Deep Dive Into More 
Credit Card Processing Resources

The State Rules on Charging Credit Card Fees

There are three sets of rules lawyers need to navigate when deciding whether to charge clients a fee for paying with a credit card:

The card brand rules (Visa, Mastercard, etc.)
State laws
State rules of professional conduct

This guide shows the applicable rules in each state, complete with links to relevant resources.

Read Guide

The Power of Measuring Your Law Firm's ROI

Episode 58: Cashflow for Law Firms

Complete Guide to Payment Processing for Law Firms

Deep Dive Into More 
Credit Card Processing Resources

Get
Early Access.

Sign up to save your spot on the early access list. Priority is given to existing Confido law firm clients. We'll notify you of product updates and key launch dates.

Get Early Access

Start with Payments

Solutions

Solutions

IOLTA Transformed