Digital White Papers

October 2014: Business and Financial Management

publication of the International Legal Technology Association

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ILTA WHITE PAPER: OCTOBER 2014 WWW.ILTANET.ORG 44 About the Author Rob Mattern is the President and founder of Mattern & Associates, LLC. Mattern & Associates assists law firms in developing an unbiased strategic direction for their business processes while improving both the cost-effectiveness and the recovery of expenses for these services. Rob publishes widely, including recently in the "Wall Street Journal," Law Technology News and Legal Management magazine, and he is a frequent speaker at key industry events across the country. Contact Rob at rmattern@matternassoc.com. Cost Recovery Strategies that Work A transparent, justifiable and strategic cost recovery strategy is a vital component of a healthy law firm financial strategy and healthy attorney- client and firm-client relationships. Visibility into industry-wide recovery practices is necessary to lay the foundation for that healthy relationship. Mattern & Associates has completed its biannual Cost Recovery Survey, gathering industry-wide data on cost recovery practices and dispelling myths surrounding cost recovery.

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