Whether you’re billing by the hour for a trial or a flat fee for a contract, a common struggle is the unpaid invoice. You're stuck chasing fees, working through the dispute, and losing billable hours in the process. An unpaid invoice strains the client relationship and occupies mental energy you would rather spend elsewhere. Here are five tips to improve your billing process before it costs you.
Avoid Getting Into Hot Water by Using Trust Accounting Software
Managing a law practice is about much more than representing clients. One of the biggest challenges for law practitioners, especially true solos and small firms, is maintaining an accurate trust accounting system. Read more to learn tips for keeping an accurate trust accounting system.
Manage Your Trust Account Like You Care for Your Dog
To best manage your lawyer trust account, think of and care for your trust account the way you would take care of your dog. You attend to its particular needs, such as physical and mental stimulation, dietary monitoring, and health check-ups. These steps for owning a happy and healthy dog reflect similar methods for maintaining a sound trust account.
