How to Avoid Under-Billing and Overcharging in Your Law Firm
Most people think increasing the profitability of law firms only depends on attracting more clients and bringing in more revenue. However, administrative tasks, such as invoicing and billing, also impacts your law firm’s revenue and profitability. If routine administrative tasks are not managed and carried out efficiently and accurately, you may face conflicts and unpaid invoices. Fortunately, there are legal billing and case management software that can promote your firm’s efficiency by helping you avoid under-billing and overcharging. Read on to know how an integrated billing and practice management software will streamline your billing workflow and improve your firm’s productivity. Organised Billing Process Having an appropriate and transparent billing process is necessary to avoid invoicing errors, conflicts, and unpaid invoices. An organised billing process depends on convenient time recording for accurate and easy monitoring of billable hours. Accurate time tracking sets the sta...