How to Work With Clients Who Can’t Pay Immediately
Give Them Options
Reach Out to a Legal Team
Is it Worth Your Time?
The fifth tip when using the legal billing software is to make sure that you exhaust all of the other options. Even though you might be uncomfortable calling and emailing the client in order to get your money, it might become a lot more complicated if you don’t. When you are making the phone call, it is important to express some empathy and understanding with the person. Once you feel like you have no other options, then it is okay to use the collections agency in order to get the money that is owed to you.
The sixth thing when using an accounting law attorney is to offer the person a discount on their payments so that the person has the ability to settle up their debts. Since the collections agency is going to get a certain amount of money from the debt, then it just easier to offer the client that amount that they can pay themselves. This might be an easier and faster way of getting your money from the client.
The seventh thing is to make sure that you set up a process that will allow you to protect your receivables. This means that the attorney will need to have a degree with South Dakota Odyssey Case Management so that you know that they are doing their job correctly for you. One of the best ways to do this is to send out a courtesy letter to the client when their debt is 30 days past due. Then you can send out a more harsh letter to the client when it is at least 60 days past due. Then the letter from your lawyer can be sent out when the account is 90 days past due.
The eighth thing to do is to make sure that you are communicating effectively with the client. This means that you will need to find out exactly why they are not paying on the account. One of the main reasons might be issues with cash flow, but you just never know for sure. Once you have figured out what the problem is then you can figure out if you need to offer them a discount, a payment plan, or come up with something different.
The last thing to do is to try to be flexible. This means that you will need to sympathize with the client so that you can come up with a plain. It might mean that you can settle up with a fair amount or find out if you can avoid any other issues.