Building a Scalable and Sustainable Legal Practice
We take a closer look at the way that payments are made, and in return for what services, and what that means in terms of boosting trust with clients and improving the efficiency between billings and collections.
Let’s start with a couple of data points. Online payments are now the top payment method for clients, with more than two-thirds preferring them. Recent surveys have also found that over 80% of clients seek flexible payment plans. So the clear takeaway is that a sustainable legal practice needs to offer a range of payment methods and plans. One size simply doesn’t fit all and clients respond positively to the choices this provides to meet their own cash flow and budgeting plans.
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