Let’s be honest – chasing payments is the worst. It’s often very costly and highly ineffective. In a recent study, attorneys managing their own law payment services average less than a 73% total collection rate.
This is not including the cost of labor, billing, and reconciliation.When you include those costs, they can bring the total collection rates as low as 55%. That’s 55 cents on the dollar.
Want to make more money, without all of the headaches?