Imagine this: You’re running a small law firm, working tirelessly to serve your clients. Your financials show a healthy revenue stream — on paper — but lurking in your accounts is a ticking time bomb. Your clients owe you $250,000, and most of it has been sitting unpaid for over 120 days.

That’s not just a number; it’s a massive chunk of your annual revenue tied up in limbo. Suddenly, your firm’s financial health doesn’t feel so stable, does it?

If this sounds familiar, you’re not alone — this is a true story from one of our coaching clients. Many small law firms face similar situations, with overdue accounts piling up and cash flow tightening. If you’re tired of playing the waiting game with accounts receivable, it’s time to take control.

In our latest Attorney at Work article we’re sharing seven steps to ensure a collections process that gets you paid — on time, every time.

1. Be proactive.
2. Use retainers and flat fees strategically.
3. Stay on top of your AR.
4. Send regular reminders.
5. Call.
6. Offer alternative payment methods.
7. Take action to recover your money.

Read the full article, Want to Get Paid Faster? 7 Steps to Fix Your Law Firm Collections Process, if you are tired of playing the waiting with unpaid invoices and ensure to have an effective collections process for your law firm. 

Bonus tip: If you’re ready to take on process improvement like a pro, grab our step-by-step guide The Power Zone Playbook for Lawyers for practical support to get out of the grind. Get your copy today!

 - Karen and David