One of the production goals of most law firms is to generate a high quantity of billable work in process, then convert it to collectible receipts as quickly as possible through efficient billing and collection procedures.

Virtual Administration can help the firm implement the appropriate work in process management techniques accomplishing this goal as follows:

Review Aged Work in Process: L.A.W.S./Pro allows reporting of the firms un-billed work in process based on the age of the service rendered. The Virtual Administrator reviews this aging information and informs the firm of matters with aging work in process balances which should be billed. As work in process becomes older it also becomes less collectable. Review the assigned rates: Reporting within L.A.W.S./Pro allows identification of matters containing work in process transactions without assigned rates. The Virtual Administrator can review this work in process and alert the firm, and help correct, to any discovered problems. Review the timeliness of hours worked: Within each work in process transaction L.A.W.S./Pro maintains the date of service as well as the date it was entered into the system. The Virtual Administrator reviews this information to determine the timeliness of the transaction entered. Attorneys not using the calendering system efficiently can be encouraged to modify their practices to better use the system and improve their productivity. Review billing procedures: The Virtual Administrator can review the actual bills generated during the course of the month and advise the firm of any discovered inefficiencies - such as matters with wip not billed, delayed billings, incorrect application of retainers, etc. Efficiencies available within the system, but not utilized, may also be discussed with the firm for possible implementation.