Big Law in September Will Raise Volume on Billing and Collections Push
Common billing reminders often begin in September, from managers asking partners in meetings to pledge what they think they're going to collect, to some managers going door-to-door in the office to discuss it.
September 05, 2023 at 05:01 PM
5 minute read
Law Firm ManagementThe original version of this story was published on The American Lawyer
Law firms' ability to bring in revenue and profit growth in 2023 will hinge on how well they can bill and collect before the calendar turns. And law firms will likely start stepping up billing and collection efforts in September as the fourth quarter looms, analysts say, especially in light of demand declines in the industry this year.
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