Getting Your Law Firm Paid Faster – The Connection Between Alternative Billing Arrangements and Zero AR
Whether you are the sole practitioner of a boutique practice or the managing partner of a large firm, getting compensated for client work in a timely manner is always a top priority. Continuous delays in client payments can lead to a variety of financial challenges,...
Is Your Legal Billing System’s Invoice Reconciliation Broken? Here’s How to Fix It
Ineffective invoice reconciliation can really slow down the administrative processes of a law firm. Without the right systems in place, attorneys and firm staff must manually enter and reconcile invoice data, which can be a time-wasting and frustrating process. It can...
Choosing a Legal Accounting Solution that Handles All Law Firm Billing Options
Law firms use a variety of billing methods when seeking compensation for their legal services. Unfortunately, not all accounting systems have the tools to effectively handle all of these options. Without the right accounting solutions, law firms spend an extensive...
Learn with TimeSolv: Legal Accounting & Bookkeeping Basics Course – Ep. 1 Time Tracking
Within the practice of law, terms like “accounting” and “bookkeeping” refer to much more than the typical financial aspects of running a business. While assets, losses, and profits are extremely important to maintaining a successful legal practice, attorneys have an...
Six Tips to Overcome Your Law Firm Payment Processing Challenges
Payment processing is a major component of maintaining a successful law firm. Yet, many firms feel ill-equipped to handle the frequent difficulties and roadblocks that frustrate their payment processing procedures. While there may be many reasons for these...Subscribe to our blog!
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