Download presentation
Presentation is loading. Please wait.
Published byLogan Lloyd Modified over 9 years ago
2
Choose and purchase a billing software package Comparison chart: http://www.americanbar.org/content/dam/a ba/migrated/tech/ltrc/charts/pmtbchart.auth checkdam.pdf http://www.americanbar.org/content/dam/a ba/migrated/tech/ltrc/charts/pmtbchart.auth checkdam.pdf
3
I chose TimeSolv Legal ◦ Flexible options for accurate and easy billing ◦ Compatible with other software ◦ Comprehensive accounting and management ◦ Mobile device compatible (iPhone, Blackberry, Windows Mobile, Palm) ◦ $29 per user per month with annual plan (includes set-up and training)
4
Training is key ◦ Older Attorneys need to become comfortable with the system ◦ Attorneys will be encouraged to use the timing features to capture billable time as they work ◦ Automatically captures time spent on phone calls and email
5
More billed hours from accurate time keeping Frees up legal assistant to do more productive tasks Promotes better communication with clients Better management of client trust accounts and more immediate cash flow
6
Create a custom invoice that is: ◦ Professional ◦ Attractive ◦ Accurate ◦ Detailed
8
Invoices will be sent out every two weeks ◦ Keeps clients engaged ◦ Bills are smaller because of the shorter time period ◦ We realize sooner if a client will not pay bills and stop doing work for that client
9
Happier clients Higher collection rate on billed hours Better cash flow Enhanced professional image
10
Move towards flat rates wherever it’s possible ◦ Simpler legal issues get a flat rate Consumer clients Some business clients, depending on the job ◦ Avoid contingency fees when possible
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.