Tech Tip #240: Stay Ahead of Collections To Keep Your Firm Profitable
No lawyer likes having to chase after their clients to get paid. To avoid the collections process where possible, use bulk invoicing and set up automatic reminders. Evergreen retainers, where replenishment notices are automatically sent to clients once the balance hits a certain amount, will also help your cash flow. Automating these tasks will make sure you get paid without having to take hours out of your day to do it. Here are 7 tips to stay ahead.