Orr Law, LLC

09/19/2026

Our area legal community recently lost an intelligent colleague and good friend. Michael J Meyer practiced law in our community for decades.

RIP, Mike. You will be missed.

08/26/2026

Rest in peace, Roy. You were a bright and colorful colleague who will be greatly missed.

08/06/2026

We visited the auction barn at the Effingham County Fair! 🐷

08/01/2026

November 1, 1980 Effingham Daily News.

07/04/2026

02/18/2026

A Cashless Society?
Sherri Wohltman, Paralegal
Orr Law, LLC

Many years ago while in high school, I opened a checking account at one of our local banks. It was just something that you did once you started working. And while high school students, college students, all the way up to Millennials may still open checking accounts, they seem to prefer debit cards, PayPal, ApplePay and Venmo as forms of payment over paper checks. On that same note, many venues, as well as shops and vending machines at airports, have become cashless.

The concept of a cashless society has been around for decades. But with 84% of payments in the US being made digitally in 2025 (according to Clearly Payments), the transition from physical currency could take place sooner than we once thought. Two-fifths of Americans used no cash in 2022 and the average number of cash payments fell from 26% in 2019 to 20% in 2021. While no fully cashless countries exist, cash only represents 1.3% of Sweden’s GDP and Hong Kong predicts cash will account for only 1.6% of point-of-sale (POS) transactions, the lowest in the Asia-Pacific region, and down from 9% in 2019. The number of cashless payments in the Asia-Pacific is forecasted to be higher than Europe and North America combined in 2026.

Further, more than 23 million people in the UK used virtually no cash in 2021, whereas 13.4% of Americans stopped using cash completely in 2024, which is up 2.4% from 2022. Check transactions have declined by almost half between 2012 and 2022, making 70% of Americans believe that that the United States is becoming a cashless society.

References:
https://tech.co/pos-system/cashless-society-stats-pros-cons

https://www.britannica.com/story/what-is-a-cashless-society-and-how-does-it-work

• (Source: Pew Research)
• (Source: Capital One Shopping)
• (Source: Federal Reserve)
• (Source: Statista)
• (Source: Card Rates)
• (Source: The Guardian)
• (Source: International Monetary Fund)

Learn what it means for a society to operate without physical money.

01/27/2026

We enjoyed a few days out of the cold and snow! Our law firm retreat was in Key West and we had a great time. Our office will reopen on Wednesday, January 28, 2026, provided the weather cooperates.

01/26/2026

Law Firm Retreat!