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Small US law firms uncomfortable discussing overdue bills
The majority of small US law firms struggle with overdue accounts and do not have the business processes to deal with them.
Small firms do not want to discuss overdue bills Vittavat Apiromsene
Nearly three in four small US law firms say they have overdue bills, according to the research by LexisNexis, with most admitting they were embarrassed asking for money. Most said that client financial struggles were the main reason behind invoices not being paid on time. Meanwhile, 71 per cent said they provided discounts or wrote off legal work even before invoicing clients. Source: Businessoflaw.com
