Some clients of your firm are likely easy to deal with: They work well with you, answer any questions you may have about the case, and pay for your services in full and on time. Unfortunately, there are always those few clients that drag out payment and try to negotiate your price down, costing your firm time and money.
Here are some tips on how to keep this from happening:
- Make sure the client knows and agrees to your hourly rate and is aware of how much time you will be devoting to their case. This minimizes the chances of a billing discrepancy later on.
- Keep track of time spent on the client and exactly what you did during that time so that the client doesn’t feel that you’re wasting their time and money. Consider investing in time tracking software instead of jotting down notes on a piece of paper to ensure an accurate and detailed record.
- Promptly bill the client for the calculated time used, and indicate when payment is due. Consider utilizing a billing and invoicing software to help automate this process for you.
- If you are using software, make sure that it can send invoices and handle payments for you. This will make you look more professional and will make this process as easy as possible for both you and your client.
Hopefully, these tips will help you avoid any discrepancies over the cost of your services, ensuring you receive payment on time and in full.
If you’re interested in utilizing software to help your law practice avoid this and other issues, consider PayPanther’s law practice management software. It handles time tracking, invoicing, and more, ensuring your practice runs smoothly and efficiently.
Do you have tips on what works best? Share them in the comment box below!