During this period of economic uncertainty, law firms are increasingly dealing with the impact of tighter client budgets. In an effort to cut spend, individuals and businesses alike are re-evaluating their service providers.
This means more scrutiny for legal fees, and in some cases, an increased rate of late payments for services already rendered as clients try to smooth out their cash flow.
In this guide, we go over how BNPL (legal fee financing) can improve your firm's overall collection rate, decrease outstanding accounts receivable, and substantially reduce time spent on billing.
In this guide, we go over how BNPL (legal fee financing) can improve your firm's overall collection rate, decrease outstanding accounts receivable, and substantially reduce time spent on billing.
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