4 Foolproof Tips for Your Law Practice to Get Paid Faster

 

Billing: the most mundane of a lawyer’s tasks. It’s boring, tedious, and doesn’t generate any additional billable hours. Yet without billing your clients, you cannot get paid. So, how do you ensure that you get paid in full, on time, and with minimal hassle?

Here are some tips to follow:

  1. Be upfront about your hourly rate and the expected time required to make sure that your client understands what your services are likely to cost. This minimizes the chances of a billing discrepancy later on.
  2. Keep track of time spent on a client and what you did during that time. Consider investing in time tracking software instead of jotting down notes on a piece of paper in order to increase accuracy and professionalism.
  3. Promptly bill clients for the calculated time used, and indicate when payment is due. If you are spending a lot of time billing and invoicing clients, consider invoicing software that can handle this for you. It looks more professional and will save you time.
  4. Some examples of invoicing software can also handle the payment processing for you, leaving you free to work with other clients.

Hopefully, these tips will help you get paid in full and on time, leaving you with more time to focus on additional clients.

If you’re interested in utilizing software to help your law practice, consider PayPanther’s law practice management software for lawyers. It handles time tracking, invoicing, and more, ensuring your practice runs smoothly and efficiently.

 

 

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