The legal industry has been slow to adopt modern advancements in technology. Sending invoices and waiting for paper checks became the norm for many law firms. However, when the pandemic struck, firms scrambled to predict cash flow and were forced to adopt new methods of payment to stay operational.
This guide focuses on strategies law firms can use to speed up collections, and specifically looks at the impact ePayments has had on accounts receivable departments in the first quarter of 2021.