Effective Billing and Collections Practices for Law Firms

Law Firms and Finance

In this episode of Fix My Firm, we tackle cash flow issues that persist even with hardworking staff and a solid caseload. 🧐

We dive into whether your team is focused on billable work or just busy work and highlight the importance of a strong billing and collections process.

✨Plus, discover how hiring a virtual assistant for admin tasks can free up your legal staff to maximize billable hours. 🎯

Timestamps:

    00:00 Introduction and Viewer Question
    00:19 Identifying Productivity Issues 🔍
    01:09 Addressing Collections Problems 💼
    02:50 Improving Staff Efficiency with Virtual Assistants 💻
    04:31 Conclusion and Viewer Engagement 🙌

Is your firm struggling with balancing billable work and cash flow? Let us know your biggest challenge in the comments and let’s brainstorm some solutions together! 💬👇

#CashFlowSolutions #LawFirmEfficiency

For daily finance insights on the go …

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Connect with Us:

📸 Instagram - https://www.instagram.com/lawfirmfinance/
📘 Facebook - https://www.facebook.com/groups/lawandfinance
💼 LinkedIn - https://www.linkedin.com/showcase/law-firms-finance/


Need hands on help with the math? 🧮

💼 TL Turner Group specializes in law firm finance, offering tailored bookkeeping and fractional CFO services to ensure your firm’s financial health while you focus on growth.

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Contact Us

🌐 Website: https://www.tlturnergroup.com/
✉️ Email: contact@tlturnergroup.com


TL Turner Group – We help make finance less complicated.

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