Bloomberg Law
Sept. 19, 2019, 8:56 AM UTC

Big Law Is Humming, But Collections Keep Tumbling

Roy Strom
Roy Strom
Reporter

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. Today, we look at how law firm management can help partners make the collections process less confusing and damaging to a firm’s bottom line.

At least here in Chicago, the golf season is coming to a close. Which means there will be less confusion and argument among friends about who owes how much. Golf bets are notoriously ill-defined, and too often the winners don’t get paid.

Getting paid for legal work should not be like winning a golf bet.

Sometimes it ...

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