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Law Firm Economics: The Complete Guide

Clio

But there are things that most lawyers can do to boost profits, such as: Legal consultations: Offer paid legal consultations to individuals or businesses seeking advice on legal matters.

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Streamlining Your Law Firm’s Accounts Receivable Process

Rocket Matter

Accounts receivable (AR) represents the total amount of money clients owe to the law firm for services provided but not yet paid. This includes all outstanding invoices that have been issued to clients, ranging from legal consultations to representation in court.

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