| |
Awkward Billing Procedures
Due to the awkwardness of billing procedures, many attorneys don't like, and therefore delay,
invoicing clients for services rendered. L.A.W.S./Pro has streamlined the billing process.
It concentrates on converting accumulated work in process to collected revenue as efficiently as possible.
Analysis of Costs:
|
| |
By eliminating the inefficiencies within many common billing programs, it is estimated that
L.A.W.S./Pro can result in increased billings
of 2% or more.
|
|
Computation: (Annual billings of a solo practitioner:$300,000 multiplied by 2%) |
$15,000
|
|
|
|
More Info
|
|
Rule of Thumb-
Generate smaller, more frequent billings to clients to increase collection. Clients can normally
budget for, and forward payment, for several smaller invoices rather
then remitting full payment upon completion.
|
|
|
| |
|
|
L.A.W.S./Pro Invoicing-
The L.A.W.S./Pro invoicing system provides
a simple and efficient means of converting non-billed work in process to collected revenue.
<<more>>
|
|
|
|
|
|
