How to handle collections — and boost cash flow

Description

Abstract: For most law firms, it’s a familiar pattern: While some clients remit promptly, others drag their feet, and regrettably, some may not pay at all. Because attorneys generally can’t withdraw representation based solely on a client’s failure to timely pay an invoice, firms must have a system in place that improves collections. This article highlights why doing so will have a positive effect on the firm’s cash flow.