By Peggy Gruenke, Owner – LawBizCOO A lawyer’s job is more than offering sound advice or making a persuasive argument. An important role for every lawyer seeking to improve their level of profitability is to manage expectations from intake through getting paid at the conclusion: 1. Expectations about service; 2. Expectations about how long it […]
The other day I was working on billing, accounts receivable and collections and I noticed a pattern which shed some light on our cash flow and receivables. I was able to identify 3 types of clients and how they pay their invoices. Type 1 – The client, who paid an original retainer which has now […]
Not only is an informed client a happier client – they also tend to pay on time, are less frustrated, and have a better chance of becoming a good referral source. All pointing to good things for growing your practice. Your initial interview is the first step in managing your risk and is an opportunity […]
