Change Is Coming: The Realized Hour v. The Billable Hour

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The “billing” process doesn’t end until the bill is paid and the money is in the bank. That basic principle may seem obvious to people who think about efficiency and profitability every day, but for most law firms it is anything but obvious. For them, the billing process seems to end once the invoice is … Continue reading Change Is Coming: The Realized Hour v. The Billable Hour

Re-thinking Your Law Firm’s Accounts Receivable

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When you think about your firm’s accounts receivables, what comes to mind? Pain? Headache? Lost money? Wasted time? Accounts receivable exists in every business. In a law firm, this can be a sore subject as late payments and rising AR causes anxiety and potential cash flow issues. At Headnote, we’ve put significant effort into cleaning … Continue reading Re-thinking Your Law Firm’s Accounts Receivable