How to Invoice as a Attorney in Santa Fe, NM

Invoicing guide for attorneys in Santa Fe: 4.875% NM sales tax, 1.25%/mo late-fee cap, plus NM licensing and contractor rules.

Combined sales tax
4.875%
Late fee cap
1.25%/mo
Net terms
30 days
Deposit
100%

1. Santa Fe-specific tax handling

  • State sales tax: 4.875%. Local jurisdictions in Santa Fe may add their own rate β€” verify with your local tax assessor.
  • Late fees: NM statute N.M. Stat. Β§56-8-3 caps interest on unpaid invoices at 1.5% per month.

2. Standard attorney line items

  • Hourly billing β€” billed by hour (~$350 default).
  • Flat fee β€” service β€” billed by flat.
  • Filing fees (cost advance) β€” billed by itemized.
  • Trust deposit (IOLTA) β€” billed by flat.

3. Payment terms that work in Santa Fe

Net 30 is standard for attorneys. Most attorneys in competitive markets like Santa Fe require a 100% deposit upfront before scheduling work. Accept card and ACH on the invoice itself β€” Santa Fe customers expect a one-click payment link in their inbox.

4. Licensing & disclosures

Bar admission required. Trust accounting (IOLTA) governed by state bar rules; commingling client funds is sanctionable.

Metro
Santa Fe
State
NM
Net terms
30 days
Deposit
100%

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