Your Legal Billing Problem Needs to be Solved Yesterday
The future for the uninformed law firm looks bleak not just on the competitive landscape. The nature of revenue growth is in jeopardy. Historically,...
Legal Billing: The Five Levels of Success
We’ve taken observations from thousands of law firms, extracted some criteria, and constructed a simple scale of billing effectiveness. Typically, we see law firms...
How Bad is Your Legal Billing Problem?
Over the past six years we’ve worked with thousands of law firms. These firms vary widely in terms of size, practice area, and geographic...
14 Legal Billing Rules
The following post concludes the series on excerpts from our free e-book, Ridiculously Remarkable Legal Billing. Better billing practices improve your law firm and...
Legal Billing Rule #14: Rolling Out Changes and Letting Your Clients Know
Let your clients know in-person when you are making a change to your billing practices.
Part of the billing process is good communication....
Legal Billing Rule #13: Make Small Improvements Each Quarter
Don’t try to introduce new changes to your office practices all at once. Instead, incorporate a couple every quarter, starting with the most important...
Legal Billing Rule #11: Get a Bill Buddy
Working with someone else will keep you accountable and help get your invoicing done on-time and regularly.
A lot of changes in life...
Legal Billing Rule #10: Beat The Procrastination Monster
Realise that procrastination costs you money. The Pomodoro Technique, checklists, and time blocking can help you get the bills out on time. “Hard work...
Legal Billing Rule #9: Capture Time With Easy, Modern Tools
Get in the habit of capturing time as close as possible to when it’s being expended, which is easy to accomplish with 21st Century...
Legal Billing Rule #8: Predicting Your Future Income
Getting your bills out regularly and on-time is the most important tool you have in predicting your future income. Knowing how much money is...
Legal Billing Rule #7: Avoid Communication Breakdown
A regular, descriptive bill is a nice backstop to ensure that you are keeping the client well-informed and that you are on top of...
Legal Billing Rule #6: Delaying Billing is Like Giving Away Free Money
By not sending your bills out on time you are essentially offering interest-free financing and performing your services at a discount.
Growing up...
