How the Potomac Law Group Uses Bill4time To Grow and Maintain Their Virtual Law Firm
Category: Blog, Case Study, Legal
As the name suggests, the Potomac Law Group is a law firm. But they’ve achieved the extraordinary. Something many other firms have failed to achieve. They’ve achieved an incredible 1233% growth, from 7 to 80 lawyers, over the last eight years They offer an extraordinary array of high value/low cost
“I’m not going to pay for that.” It’s a trend that’s spreading rapidly. A research study by the Association of Corporate Counsel found more than 20 percent of respondents flat out refused to pay their bill. Their rationale? First and second year associates are essentially worthless. That’s ridiculous. Who in
It’s the worst part of billing. You worked hard for your clients. You consistently produced exceptional results. You delivered miracles, saved them from disaster. They were incredibly happy and thankful for your help. Until they received your invoice. Their whole demeanor changed at that point. They were no longer the
How To Develop a Dependable, Compliant Relationship with the Accounting Department
Category: Accounting, Blog, Legal
The accounting department. They’re the gatekeepers. They approve, negotiate and process your invoices. They ensure that you’re paid on time for your hard work. Become their ally and your collection realization rates climb. Alienate them and realization rates drop. The accounting department is treated as an afterthought Are you making
How Stringent Compliance with Local and State Rules Impact Your Firm’s Bottom Line
Category: Accounting, Blog, Legal, Running Your Business
It’s such a hassle, why bother? Compliance requires more time; it increases your workload. It creates unnecessary stress and anxiety. It’s certainly helpful for your business but it probably won’t improve your bottom-line much. Is this true? Is compliance the dreary time sink so many believe it to be? Or
Hiring a virtual assistant will be a godsend, but can you trust them? They can be an invaluable part of your support team. But only if you choose the right ones. Choose well and you receive an incredible amount of free time and revenue. Choose poorly and you may lose