Compliance, quality, and efficiency controls of the legal collections process Effective management of work processes in legal collections is paramount. This ensures that operations adhere to established procedures, preventing any...
Accounting and settlements for legal expenses Legal proceedings entail considerable expenses. The role of the organization’s legal collections department (or the finance department) is to monitor...
Managing Legal Expenses During Different Stages of Legal Proceedings Approval and payment of expenses To ensure the efficient and accurate approval and payment of expenses, adhere to the following...
Accounting for legal collections Law firms tasked with collecting debts from our clients effectively function as an extension of the organization’s collection apparatus. These...
Summary reports for legal collections Below is a list of summary control reports to monitor the end-to-end legal collections process. In the next section, we...
Incentives for lawyers and promotions for debtor clients One topic that is not obvious is why law firms should be incentivized – after all, lawyers are full partners...