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Billing is not the glamorous life we imagined for ourselves during our law school tenure, but it’s one of the most critical aspects of running a law firm. Inputting hours and billing – and collecting on those invoices – do not have to be the burdens that they once were. Some things will always be out of your control, but you can absolutely minimize your risk of nonpayment and reduce administrative stress by automating your billing and properly managing your trust accounts.
Technology now exists to make life easier, and with more of an eye on trust compliance with your state bar. From basic strategies to utilizing billing automation with the aid of technology, this CLE is meant to take your practice to the next level. Join attorney Laurence Colletti he guides you through his most effective billing and time keeping strategies, including tips on what to do when you have way too much aged receivables on your books, as well as best practices for trust accounting.
In this CLE webinar, you'll learn:
How to automate your billing processes to make your billing run like clockwork
The most common ethical issues with billing practices, and how to avoid them
Proper trust account management and reporting, specifically addressing three-way trust account reconciliation
Strategies for obtaining payment from nonpaying clients, including templates to help you along the way
See a live demonstration of how this technology works
Duration: 60 minutes
Laurence Colletti is the former executive producer for Legal Talk Network, where he recorded, produced, and hosted law-themed podcasts for over 11 years. Prior to his time in media, his legal career began in business law and commercial real estate, helping clients start and scale their businesses. He is admitted to practice law in Colorado.