Elite, a prominent enterprise SaaS platform for the legal industry, has partnered with Slope, an AI-powered credit and risk infrastructure company, to launch an enhanced, embedded “Pay Later” solution for law firms. This new functionality allows law firms utilizing Elite Payments—an invoice management solution integrated into the 3E SaaS platform—to offer their clients flexible payment terms ranging from two to six months directly at the point of invoice. The solution leverages Slope’s proprietary AI underwriting infrastructure, which performs real-time risk assessments to provide on-the-spot credit approvals and immediate fund releases. This aims to reduce friction, accelerate cash flow for law firms, and minimize collections overhead.
Late client payments represent a significant challenge for law firm CFOs. According to recent research from Elite, nearly two in five (38%) of the surveyed law firms reported that at least half of their clients paid invoices late, with invoices remaining outstanding for an average of 83 days. The introduction of flexible payment options through this partnership offers a tool for leading law firms to address these issues and improve their cash flow management.
Elisabet Hardy, Chief Product Officer at Elite, commented on the collaboration, stating, “This partnership isn’t just about payments—it’s about empowering law firms with built-in financial agility. By integrating Slope’s Pay Later capabilities directly into our platform, we’re giving firms a smarter way to manage cash flow and unlock working capital. It’s another example of how Elite is using AI-driven innovation to solve real-world challenges and help firms turn work into revenue faster.”
Lawrence Lin Murata, CEO and Co-founder of Slope, added, “The legal industry has long lagged behind other sectors when it comes to offering client-centric billing options. Our AI platform brings the same intelligence powering embedded finance for marketplaces like Walmart and Alibaba to professional services, where there appears to be growing client demand. This new integration with Elite is a prime example of how AI can streamline even the most complex financial workflows—without compromising compliance or control.”
Elite, founded in 1947, provides a cloud-native SaaS platform that unifies financial, invoice, time, and data management for law firms. Slope, backed by J.
P. Morgan and Sam Altman, specializes in AI-powered credit and risk infrastructure, enabling digital platforms to embed financial experiences. For this program, credit products are originated by Lead Bank, Member FDIC, with J.
P. Morgan providing a debt facility to Slope.
