123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Legal >> View Article

Do You Have A System For Replenishing Your Retainer? (part 3 Of 4)

Profile Picture
By Author: Mayank Kapur
Total Articles: 278
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

In the past two posts, we talked about the common issues that affect law firm cash flow management . These include not collecting sufficient retainers, not recording time and expenses promptly (i.e. as incurred), and not sending prompt collection reminders.
In this post, we're going to add one pesky, persistent issue - and that's replenishing your existing retainer balance. Law firms - especially solo practitioners and smaller firms - commonly struggle with this. You receive your retainer, and then bill from month-to-month, and before you know it, the original retainer has dwindled to zero. The culprit? Not having a system in place to ask your clients to bring their retainers back up to level - outside of hourly billing.
As creators of efficient, easy-to-use law firm billing and accounting software, Easy Soft has a solution: Easy TimeBill. With the selection of a few choices, you can easily set up retainer replenishment invoices - and email them to your clients seamlessly with your monthly invoice.
One way ...
... to accelerate your cash flow is to sign up for our Payment Acceptance Plan, or merchant accounts for law firms. As far as cash flow management software goes, it's crucial to be able to offer a processing service that allows your clients to authorize their corporate credit or debit card or even pay by remote check (once they've reviewed your invoice). Get the system, and you'll never have to wonder if the proverbial check is in the mail.
As a one-time promotion, we're offering a $249 rebate on Easy TimeBill when you activate on Easy Soft's Payment Acceptance Plan. We'll tell you more about this in the next and final post on easing your law firm's cash flow management: for good.
Find out more by calling us at 800-905-7638.

Easy Soft specializes in helping law firms automate their processes with legal software. Easy Soft has automated software solutions for virtually every practice area, from case management, document assembly and legal billing and accounting software, to cash flow management software.

Total Views: 186Word Count: 334See All articles From Author

Add Comment

Legal Articles

1. The Benefits Of Hiring A Collective Bargaining Attorney In Nyc
Author: indexblogger

2. Interview Waiver For Us Visa Renewal - Everything You Need To Know
Author: Hardik Shah

3. Dui Lawyer Dinwidde Va
Author: Dui Lawyer Dinwidde VA

4. The Evolution Of Content Marketing For Law Firms: Trends And Innovations
Author: jamewilliams

5. Top 5 Reasons To Hire A Labor Lawyer In New York City
Author: indexblogger

6. Bail Lawyer In Cyber Crime Case – Advocate Deepak: Your Trusted Legal Expert
Author: Advocate Deepak

7. Best Cheque Bounce Lawyer In Delhi
Author: SACHIN KASHYAP

8. How Solar Companies Are Reshaping The Investment Landscape
Author: precize

9. Budgeting For Your Uk Business Trip: Visa Fees And Expenses
Author: The SmartMove2UK

10. How To Choose The Best Ssd Attorney Near Me For Success
Author: ADVAN

11. Common Mistakes To Avoid When Applying For A Sponsor Licence
Author: Amir hsuen

12. Insurance Attorney In Dubai
Author: The Law Reporters

13. The Psychology Of Persuasion In Legal Marketing: Influencing Client Behavior And Decisions
Author: jamewilliams

14. Your Gateway To Uk Business: Guide To Uk Business Visas
Author: SmartMove2UK

15. Iim Bangalore, Iit Madras Release Joint Report On India’s Evolving Startup Incubation Landscape
Author: Dev kumar

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: