Week Sauce: More Regular Law Firm Billing May Be To Your Clients' Liking
Most lawyers who are billing hourly (which are most lawyers) – and, even those who aren’t – continue to slavishly send out invoices at the beginning of every month, covering the fees accrued by clients for the prior month . That’s all well and good ; but, those fees can add up quickly. That’s why some law firms are experimenting with more regular billing models . Biweekly, and even weekly, billing is the norm with these firms . And, it’s not just experimentation . These firms are having success with this program – and, a lot of their clients love it. Now, you might assume that, if clients find common billing practices to be annoying, that they would be even more annoyed by more frequent billing . But, that’s not necessarily the case; and, in fact, lots of legal consumers appreciate recurrent billing like this, because each payment is smaller. In any event, there is no time like the present to experimen...