As law firms emerge from the current recession many will face new business realities and be forced to consider whether existing business models are still appropriate for the future. Outsourcing, off-shoring, virtual offices, alternative billing, etc. We believe that the recession may accelerate the pace by which firms reevaluate existing processes and consider new business models.

Insurance defense practices are under siege. While these practices have always had to deal with low billing rates and unrealistic controls mandated by insurance companies, recent trends have reached levels that threaten the business relationship which has reached an all time low. Many of our law firm clients have dropped insurance defense work entirely and have diversified into other practice areas.

Many law firms are struggling with maintaining adequate cash flow and looking for ways to improve the management of their accounts receivable and collection processes. Our Accounts Receivable Management and Collection Program may be the solution.

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