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As a fiduciary you'll need to add a lot more content to your landing page to build trust. While the idea sounds great you're asking someone to put a lot of faith (and there paycheck) in your hands.

I'm also curious - what's to stop a client from never releasing payment? Who resolves disputes?

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Great question! We currently offer this payment system on matchist and many of our developers have requested to use it with clients outside of matchist. Online dispute resolution processes tend to be standard (check out Modria). The cool thing about having a 3rd party hold payment is that they (or an arbitrator) can rule in your favor if you are in the right and a client is withholding payment as long as the contract is followed.

The cool thing is that I have to go through a legal process?

If someone doesn't pay me, production stops, servers go offline, and IP is definitely not transferred.

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