Category Archives: Billing

Improve Law Practice Cash Flow: Face your money fears

Tweet Lawyers Who Are Afraid to Ask for Money get into Trouble   Many lawyers are reluctant to ask their clients for money and talk about their fees. I’m working with a new client who has a substantial outstanding receivable … Continue reading

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Improve your Cash flow: Get clients to pay by enforcing interest payments.

Tweet     Motivate your clients to pay you on time Do you have clients that don’t pay on time? Do you also not charge interest on your outstanding accounts? If you don’t enforce penalties for late payments or charge interest … Continue reading

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Five Things You Can do to Capture More Time in Your Law Practice

Tweet  Capture More Time If you capture just 30 minutes more a day at a billing rate of $250 an hour you’ll add approximately $30,000 to your annual revenue. That’s a significant amount of money for just a little more … Continue reading

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Flat Fee Engagements need Change Orders to deal with Uncertainty

Tweet   One reason lawyers have difficulty charging flat fees is they don’t know how to deal with the uncertainty. Uncertainty that arises because they don’t really know how much time they will spend because of the unknown actions and … Continue reading

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How to Shorten the Time of your Aging Account Receivables

Tweet Get Paid Promptly Here are eleven things you can do to get paid promptly and reduce or shorten the time it takes for your aging account receivables get paid.  Most lawyers agree that one measure of law practice success … Continue reading

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What to Delegate?

What should you delegate in your law practice? By Irene Leonard, Business Coach for Lawyers. Continue reading

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Law Practice Tip #9: Meticulously track your time

Law Practice Tip #9: Meticulously track your time: Break your bad habits and start contemporaneously tracking your time. Continue reading

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Law Practice Tip #7: Use Your Account to Promote your Services

Law Practice Tip #7: Use your statement of account as a way to promote your law practice services. Continue reading

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Monitor your law practice using simplified financial records

Lawyers should have simplified financial goals to help them keep their law practice on track. By Irene Leonard, Business Coach for Lawyers. Continue reading

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