How to Get Paid Paid Faster and Improve Cash Flow

Most lawyers enter the profession with the belief that most of their day will be consumed in the practice of law. However, they soon discover that a significant portion of their time is occupied by drafting costs agreements, invoices, bookkeeping and chasing up clients for overdue bills.

This whitepaper will cover:

• What is cashflow management?
• How to get clients with 60 to 90-days overdue invoices to pay?
• When and how should your firm get paid?
• How often should you bill clients and chase up overdue payments?
• What are credit management and cashflow smoothing?
• Is your payment data secure?

By adopting some simple low-cost solutions, not only will you increase the frequency of payments, but you will significantly improve your firm’s cashflow.