November 01, 2004 | Texas Lawyer
Software Helps Organize Collection Process for FirmsSoftware is an aid to -- not a substitute for -- the personal contact needed to get bills in line for payment.
By Jake Krocheski and Rick Winans
5 minute read
July 03, 2008 | Law.com
Nine Steps Law Firms Can Take to Get PaidCash flow problems have always been the No. 1 reason why clients don't pay their bills to law firms. But while clients are smart and know that nothing will happen if they don't pay their legal bills on time, consultant Jake Krocheski says law firms should have a sense of urgency to shorten the time it takes them to collect payment. Tougher economic times demand that law firms take action regarding the overall management of their accounts receivable, and Krocheski offers nine steps firms should take.
By Jake Krocheski
8 minute read
January 18, 2002 | New Jersey Law Journal
Make Sure You Get PaidBusinesses are experiencing cash-flow problems because of a decline in demand for products and services. In addition, they are holding on to cash reserves and prioritizing payment to vendors because of the uncertain economic future. And like it or not, lawyers are at the end of the list.
By Jake Krocheski and Rick Winans
6 minute read
August 08, 2005 | Law.com
Bill Collection SimplifiedWhat kinds of collections problems is your firm experiencing? Whatever its size, it's the rare firm that does not experience some difficulties. Find out about several common issues that firms may face when it comes to bill collecting. They range from intake procedures to the proper role of a collection manager.
By Jake Krocheski
7 minute read
March 11, 2009 | Law.com
Get Control Over Your Bill Collection -- NowEven in the best of times, it's not a good idea to wait until the fourth quarter to begin addressing bill collection issues. Consultant Jake Krocheski notes that in these more challenging times, it is vital to be proactive, to have a good management system in place at the beginning of the year, and to follow through vigilantly all year long. Krocheski suggests that law firms take several steps, both internally and with clients, to get a handle on the bill collection process before things get out of control.
By Jake Krocheski
9 minute read
March 13, 2006 | New Jersey Law Journal
Focus on Accounts ReceivableDon't wait until the fourth quarter to begin focusing on accounts receivable issues. Start now to take the necessary actions to move your firm toward a more profitable year.
By Jake Krocheski
7 minute read
February 04, 2002 | Texas Lawyer
Cash-Flow Concerns With ClientsBusinesses are experiencing cash-flow problems because of a decline in demand for products and services. In addition, they are holding onto cash reserves and prioritizing payment to vendors because of the uncertain economic future. And, like it or not, lawyers are at the end of the list of people to be paid. Even the largest companies are feeling the effects of reduced cash reserves and trimming expenses. As a rule, businesses always have prioritized payments of bills to vendors. But businesses that are
By JAKE KROCHESKI and RICK WINANS
5 minute read
September 05, 2005 | New Jersey Law Journal
Bill Collection SimplifiedWhatever its size, it's the rare firm that does not experience some collection difficulties. Although firms have made progress in addressing the problems, there are still big issues that need to be tackled.
By Jake Krocheski
7 minute read
April 01, 2009 | The Recorder
Plan of ActionAs the economy falters, the time is now for law firms to take control of their bill collection practices, writes consultant Jake Krocheski.
By Jake Krocheski
9 minute read
July 29, 2008 | New Jersey Law Journal
Nine Steps Law Firms Can Take To Get PaidLaw firms now should have a sense of urgency to shorten the time it takes them to collect payment. The economic downturn causes uncertainty for law firms as well, and it is critical for the firm's own cash flow to determine if and when clients will pay.
By Jake Krocheski
8 minute read