Lawyer Payment Plans: How and Why to Implement Them in Your Firm
Summary
According to the MyCase 2021 Industry Report, which surveyed over 2,000 legal professionals, 73% of respondents stated that getting paid was a challenge for their firms. (See the tools section below) Answering these questions will help you build a system and templates for the types of payment plans your firm will accept. This feature can automatically send out invoice reminders to streamline the follow-up process and save your team time from non-billable admin work. According to the 2021 Industry Report, 21% of surveyed legal professionals say their firm saves 6-10 hours a month using software with invoicing features. MyCase and LawPay have recently joined forces to create the most comprehensive legal practice management and payments platform.