Collect fees for your practice everyday with these 3 strategies

Fee collection is the lifeblood of most law practices. In my practice, where I work with small business owners, I make it a priority to collect fees—whether small or large, consultation or full retainer—on a daily basis. A close look at the calendar reveals that we have only 20 business days per month to generate new business and collect receivables; and, since most invoices are paid during normal business hours, that means we have just 40 hours a week to collect fees. Those 40 hours,...

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