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Transforming Legal Billing Department with Digital Payment Platforms


Level: Advanced
Runtime: 59 minutes
Recorded Date: May 11, 2021
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Agenda

  • Exceed client expectations and enhance their experience with your firm with diverse payment options and electronic invoices
  • Improve cash flow and visibility into your collection process with scheduled and recurring payments
  • Shorten the time it takes to collect payments with flexible and easy to use payment options
Runtime: 1 hour
Recorded: May 11, 2021
For NY - Difficulty Level: Experienced attorneys only (non-transitional)

Description

Payment collections are a complex, time-consuming, and costly burden for law firms. Clients may pay late; or use paper checks, lockboxes, and bank trips that can create sluggish cash flow bottlenecks. Your staff may even spend endless hours on reconciling accounts and following up on delinquent invoices. Digital payment platforms resolve many of the above-referenced pain points associated with the collections process.

This program was recorded as part of ALM's Legalweek 2021 Virtual Conference on May 11th, 2021.

Provided By

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Panelists

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Megan Ryan

Chief Legal Officer
NUHealth

Megan C. Ryan, Esq. serves as the Corporation’s Chief Legal Officer. As such, Ms. Ryan is the General Counsel/Counsel to the Board for NuHealth/NUMC and A Holly Patterson Extended Care Facility. She oversees all legal, corporate governance, privacy and ethics functions. Ms. Ryan has served as NuHealth/NUMC’s Chief Compliance, Privacy and Ethics officer responsible for investigating any suspicion of fraud, waste, or abuse and has been responsible for maintaining our strong compliance program since 2016. Additionally, she has served as the Chief Compliance Officer for the Nassau Queens Performing Provider System (“NQP”) in the New York State Delivery System Reform Incentive Payment Program (DSRIP) implementing and overseeing the execution of DSRIP, compliance practices at the NQP level and its partnering hubs (NUMC, North Shore and Catholic Health Systems) and has served as a voting director on the NQP PPS Board.

Ms. Ryan brings a wealth of experience and impressive achievements, with extensive academic and legal skills that have prepared her well for the challenges and opportunities of this crucial position. Ms. Ryan is admitted to the New York State Bar and the United States Supreme Court. Prior to joining the Nassau Health Care Corporation, Ms. Ryan served as in house corporate counsel for Liberty Mutual Insurance Company at the firm of Martyn, Toher and Martyn. She had previously worked as an associate attorney in the law firm of O’Reilly, Marsh and Corteselli, P.C., concentrating on banking, real estate, and litigation matters.

Ms. Ryan earned her Bachelor of Science degree from Fordham University as a Dean’s Scholar and Biology Chairman Circle honoree and earned her Juris Doctor from Saint John’s University School of Law. She is a member of the Nassau County Bar Association, Nassau County Women’s Bar Association, New York State Bar Association (NYSB Women in Law; Health Law Committees) and the American College of Hospital Executives. Her paper entitled “An Examination of Regulations and Decisions Concerning the Mandatory Retirement of State Judges” was published nationally in Court Review and was awarded first prize by the AJA. She is also a member of the Nassau County Women’s Bar Association.

Ms. Ryan is the recipient of the 2016 Long Island Power Woman Award. In 2017, 2018, 2019 and 2020 Ms. Ryan presented at ALM’s national General Counsel Conferences on the subjects that included “Building a High Value Corporate Legal Department in Transformative Times” and “Gold Standards for Legal Department Ethics”. She presented at the “Women, Influence and Power in the Law” in Washington, DC in 2019 and 2020. She was recognized as a Power Woman in Business in 2016, 2019 and 2020. Additionally, LIBN named Ms. Ryan as a “Leader in the Law” in 2017. Megan was distinguished as a “Forty Under Forty “Award recipient in her role as General Counsel in 2018. Ms. Ryan was recognized by the Nassau County Commission of Human Rights for her efforts in World AIDS Day in 2020. She is the recipient of the Indian Association of Long Island Community Award for her work in accessing programs to the community. Ms. Ryan was honored as the Long Island Herald’s Distinguished Leader Award in 2020.

She served as a panelist on Long Island Herald’s Education and Covid-19 discussing hospital operations and school precautions during Covid-19 and discussed her role as General Counsel to the County’s only public hospital (a New York State Public Benefit Corp.) and President of the North Merrick School Board during the pandemic. Ms. Ryan also served as a member of the North Merrick School District’s Re-Entry Task Force. She served as a panelist for Saint John’s University’s School of Law Covid-19 Symposium discussing hospital operations and legal policies during Covid-19. Ms. Ryan’s efforts during the Covid-19 pandemic was recognized in the New York Law Journal and nationally by Law.Com.

Ms. Ryan is the 2020 Irish Echo Community Champion Award recipient and received the national Women, Influence & Power in the Law In House Leadership Award in the fall of 2020.

She serves as a board member for the Butterfly Initiative Project since 2019 and offers pro bono legal advice to the international organization Friends for Good Health.

Ms. Ryan has served as North Merrick Board of Education Trustee since 2018 and is currently serving her second term as BOE President.

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Tomas Suros

Chief Solutions Architect
AbacusNext

Tomas Suros is a lawyer and technology advocate working at the intersection of law, IT, and client consulting. With AbacusNext since 2004, he currently serves as Chief Solutions Architect, guiding firms through the process of identifying forward-facing technology options and ensuring the successful implementation of a tailored solution. With a focus on practice automation and cybersecurity, Suros is dedicated to helping firms leverage technology to streamline their practices and protect their intellectual capital so they may remain focused on delivering the best possible outcomes for their clients.

Tomas holds a Bachelor of Arts in English and History from Tufts University and a Juris Doctor from University of California, Hastings College of the Law. He’s also a licensed attorney in California.

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Daniele M. Schiffman

Assistant General Counsel
Indo-MIM, Inc.

Daniele is the Assistant General Counsel at Indo-MIM Inc., a leading global supplier of precision-engineered products using Metal Injection Molding (MIM) as the core manufacturing technology. Daniele provides advice and legal support on a broad array of matters and is responsible for ensuring that the company is in compliance with federal, state and local regulatory requirements. Daniele is also responsible for Indo-MIM’s compliance with all applicable U.S and foreign trade laws, including export controls, customs regulations, and other import/export requirements.

Previously Daniele worked as an associate in the Washington, D.C. office of Skadden Arps. She represented clients in connection with congressional, government and internal investigations. Daniele graduated with honors from the American University Washington College of Law.

Prior to attending law school, Daniele spent five years as a Senior Policy Analyst at the U.S. Government Accountability Office, investigating how the federal government spends taxpayer dollars and briefing congressional staff on her findings.


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