[Infographic] From Billing to the Bank: Cash Flow Solutionsfor Lawyers

www.goclio.com /blog/infographic-billing-bank-cash-flow-solutions-lawyers/

Written by Ruman Kang , posted February 1, 2016

Issues with cash flow, billing, and guaranteed return in the legal industry are real, and getting worse each year.

With realization rates steadily dropping for lawyers, the average attorney is only making $86 for every $100 billed.That’s neither logical or the norm in any other industry – solos and small firm lawyers are essentially working hoursof cases for free. Why?

Obstacles to getting paid are explored, identified, and solved in Clio’s latest fact-based, infographic, “From Billing tothe Bank”. A comprehensive breakdown of client patterns and alternative payment solutions which will allow you toget paid on-time, in full, and simplify your cash flow qualms.

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