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Stay-Ahead-of-Collections-To-Keep-Your-Firm-Profitable

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.

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CosmoLex Team

CosmoLex is cloud-based law practice management software that integrates trust & business accounting, time tracking, billing, email & document management, and tasks & calendaring, in a single application. Trusted by thousands of legal professionals across the U.S. and Canada, CosmoLex is a leader in next-gen legal practice management software. Learn why CosmoLex is quickly becoming the #1 choice for solo, small and mid-sized law firms...Start a free trial at www.cosmolex.com/register