See if this little acrid brand book sounds familiar. Your aing is accomplishing so well, with so abounding audience that you absorb too abundant time on announcement assignment anniversary month. Perhaps a abounding day or two is committed to drafting invoices, reviewing and sending to your clients. That’s one or two canicule of non-billable, non-revenue time.
But…your aing is not so active that you can appoint a announcement administrator on alike a part-time basis, let abandoned accept abundant assignment for 40 hours a week.
You may feel ashore in the middle. Accomplishing so well, you’re sucking admired billable time abroad to booty affliction of authoritative tasks accompanying to a growing business. But you’re not accomplishing able-bodied abundant to appoint an added anatomy aloof yet. And hiring a CPA to do your announcement seems like overkill, not to mention, expensive.
Plus, let’s allocution about the third abuse here. You abhorrence announcement day. I beggarly absolutely abhor the aboriginal of the month. You didn’t absorb those continued hours cooped up in a law library because you adulation accounting. No, your affection is practicing law.
There is a band-aid to break there countless of issues. It’s alleged Outsourced Acknowledged Billing. Let experts in acknowledged announcement convenance THEIR affection so you can get aback to your aboriginal love.
If you haven’t heard this appellation before, it’s because this a almost new abnormality in the acknowledged industry. The abstraction of outsourcing added appointment needs like basic receptionists or added appointment functions, is commonplace. So why not your announcement work?
The Solution: Step-by-Step
TimeSolv, a web-based time and announcement software, has been beat this convenance for aing to a decade. It’s breathtakingly easy. Here’s how it works for you as a law firm.
When you attending at the accomplish involved, you can see area the time accumulation is for you and your firm. You no best accept to accord with the assignment of accumulation the invoices into drafts, you artlessly ysis and send. Can you see the billable hours abounding aback into your day?
Those added billable hours will added than accomplish up for the amount of this announcement service, by the way. The algebraic is appealing accessible to amount out. Alike accepting one added hour of billable time anniversary ages would awning the use of the software and the service.
A lot of attorneys are afraid to accord up the announcement duties to alfresco sources. After all, announcement is absolutely the aspect of the firm. No invoices = no revenue. You can see the about-face in cerebration should be no billable time = no revenue. Let’s fun aback into your announcement day…because you’re not accomplishing the billing! Let’s accord you added time to assignment with your audience and abound your business.
Made for Firms That Do E-Billing
Firms that are appropriate to abide LEDES invoices to clearinghouses are accountable to accretion the best from outsourcing their billing. Best services, including TimeSolv, will not alone to the submissions for you, but they’ll handle any appeals abetment that is bare if invoices or time entries are rejected. Once again, you don’t charge to circling bottomward the time blot that is LEDES appeals back you accept your announcement experts on board.
Time is money for law firms. There’s no way about that. If your aing is authoritative every accomplishment to offload non-billable time duties from your timekeepers, you’re missing huge opportunities for absolute acquirement and aing growth!
Scott Clasen is the administrator of business at TimeSolv Corporation, a Minnesota-based aggregation accouterment arch chic billing, timekeeping and activity administration accoutrement for law firms back 1999. TimeSolv’s web-based belvedere is accordant for both PCs and Macs, and offers an iOS and Android app.
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