Reducing Days Sales Outstanding in Your Legal Practice
Most law firms can reduce days sales outstanding by 10–20 days within 90 days by invoicing within 24 hours, using e-payments, and enforcing consistent follow-up. Standardized billing, clear engagement terms, and automated reminders shorten the time from invoice to cash. This article covers practical billing, collections, and payment-system steps to improve cash flow and profitability. […]
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