Photo: Andrey_Popov/Shutterstock.com Billing Discipline Stays on Big Law's Front Burner
Discipline in recording time and collections last year helped the industry achieve revenue growth, and firms are hoping to extend that mindset into 2021.
March 30, 2021 at 12:30 PM
5 minute read
The original version of this story was published on The American Lawyer
Large law firms doubled down on collection efforts in 2020, allowing partners to have more certainty in cash flow during the COVID-19 crisis last year. And as confidence in demand returns, firm leaders are striving to keep up their firms' billing hygiene in 2021.
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