When the economy turns down, time to make sure clients pay up

Whenever the economy takes a downturn, professional service bills receive an extra dose of attention. Ten tips to help achieve a better realization rate include: 1. Discuss with the client at the outset of the relationship the client’s expected billing guidelines as well as the law firm’s guidelines for the timeliness of payments. Always have an ...

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When the economy turns down, time to make sure clients pay up

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