Getting Paid: Managing Accounts Receivable in Law Firms
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About this episode
In this episode of the Law Practice Podcast, host Terrell A. Turner sits down with Matt Darner, founder of Collbox, to tackle one of the most critical yet overlooked aspects of running a law firm—accounts receivable management. They discuss key strategies for ensuring timely payments, the importance of having the right people in place, and how to streamline your AR process. Matt also debunks common billing myths and shares best practices for following up on unpaid invoices. If your firm struggles with cash flow or collections, this episode is packed with actionable insights to help you take control of your finances.
00:00 Understanding the Value of Delegation
00:18 Welcome to the Law Practice Podcast
01:31 Why Getting Paid Matters for Law Firms
01:56 Meet Matt Darner: Accounts Receivable Expert
04:59 Challenges with Retainers and AR
07:10 Effective Billing and Collection Strategies
18:24 Mapping Out Your AR Process
20:53 Final Thoughts and Contact Information
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