STEVE ODUM BRICKER & ECKLER LLP
Establishing a Comprehensive Collections Policy
S 6
lowly but surely, law firms are adopting the practices of the business world, including the collections process. Though handshake deals were once sufficient to secure payment for services, in today’s
market it’s prudent to have an effective credit and collections policy.
Financial Management ILTA White Paper
DON’T WAIT FOR LATE Most collection managers worth their salt understand
how the process should work. However, applying that process in a law firm has been challenging. It’s not that we don’t know what to do, but rather, the difficulty has come in accepting what we have to do to keep cash flowing.
A Law Firm
a Business:
Is
