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You can also schedule your free demo today, to get a virtual accountant<\/a> personalized view of how Digitslaw works. Perhaps the client did so in error, having not recognized the transaction and mistakenly deemed it to be fraudulent. They\u2019ll give you and your work greater value, and they\u2019ll make you a higher priority. Furthermore, it will decrease confrontation if you have to follow up about a late payment. Clients typically appreciate what you just did for them\u2014not what you did months ago.<\/p>\n Calling clients for payment follow-ups, sending snail mail, and other manual A\/R processes can create a lot of unwelcome stress and tension. If a practice has limited or inflexible payment options that make it inconvenient or difficult for clients to pay, it can make the situation even worse. Similar to the point above, it\u2019s up to the attorney to keep track of billable hours and communicate it to the client. It goes without saying that when done by hand, this is incredibly time consuming.<\/p>\n Instead, devise a process for turning them over to a collection agency. This process should involve some actions on your part before calling the debt collector. Remember that your invoice has a critical objective, beyond getting you paid. The invoice is an important touchpoint, where you give the client visibility into the work law firm accounts receivable management<\/a> you’re doing.<\/p>\n Whether you\u2019re using an app or manually jotting down time spent on tasks, you\u2019re likely not tracking as much time as you could. Plus, it can take a lot of time to transfer that information to invoices. Keep the lines of communication open with clients regarding their invoices. Once your firm provides legal services, an invoice is created and sent to the client.<\/p>\n Attorneys are highly skilled professionals, so they shouldn\u2019t waste their valuable time following up on outstanding bills. Unfortunately, too many firms struggle to optimize their accounts receivable processes, meaning valuable fee-earners spend too long chasing up overdue payments. Automating your law firm accounts receivables process will save you time and the effort needed to repeatedly follow up with multiple clients over an entire year. Fortunately, you can minimize your use of collection agencies and write-offs by re-engineering your process for collecting law QuickBooks<\/a> firm receivables. You’ll simply need to adopt a few accounts receivable collections best practices, in return for an improved collection rate and stronger cash flow.<\/p>\nAre Your Law Firm\u2019s Accounts Receivable Processes Up to Date?<\/h2>\n
![\"law](\"https:\/\/www.bookstime.com\/wp-content\/uploads\/2020\/04\/Screenshot_4-1-300x225.png\")
<\/p>\nSetting the Foundations: Accounts Receivable Management for Law Firms<\/h2>\n
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Streamline Your Law Firm Invoice Process With Digitslaw<\/h2>\n
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<\/p>\nTips to Improve Law Firm Accounts Receivable Management<\/h2>\n
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