Consider the issues that legislation faculty ready you for: logical reasoning, analysis, evaluation, writing, even perhaps courtroom presentation. What did legislation faculty not put together you for? Managing folks and operating a enterprise. No class teaches you deal with invoicing, chase overdue funds, or reconcile belief accounts.
Kollect helps you deal with it.
Kollect offers three core monetary providers designed particularly for legislation corporations:
- Accounts Receivable (AR) Administration – together with bill era, supply, and tactful follow-up;
- Collections – targeted restoration of overdue money owed from former shoppers; and
- Accounting – together with bookkeeping, monetary reporting, and month-to-month IOLTA reconciliation.
Whether or not you select one service or all three, Kollect’s deep understanding of every perform allows us to ship more practical outcomes throughout the board.
Kollect Delivers Outcomes with Proactive AR Administration
Managing AR in a legislation agency might be time-consuming, uncomfortable, and inefficient. Kollect gives an AR service that goes past chasing funds and conducting follow-ups; it begins on the bill creation stage and continues by way of last cost.
Kollect specializes solely within the authorized market. With a long time of expertise, their professionals perceive the nuances of authorized operations, consumer expectations, {and professional} communication requirements. Kollect ensures that your billing processes run easily. Their talent and focus allow smoother invoicing cycles, quicker funds, and a extra skilled consumer expertise.
How do they ship? Kollect assigns a devoted individual to deal with your agency’s AR. This specialist turns into an extension of your agency. They construct relationships with shoppers, know the agency’s tone and magnificence, and tactfully navigate the stability between assertiveness and empathy.
How do you choose success? Look to improved money circulation, lowered excellent balances, and fewer awkward consumer conversations for attorneys.
Begin Robust with Kollect by Amassing What You’re Owed
Sending out well timed, correct invoices is a core energy of Kollect’s AR administration service. Proactive AR administration additionally prevents a “pileup” of unpaid, ageing invoices. If working towards legislation, and never agency monetary administration, has been top-of-mind, accurately, then the very best first step to monetary well being could also be evaluating excellent payments.
Kollect helps right here too. Kollect’s Collections service is designed for recovering unpaid balances from former shoppers—these your agency not represents. Kollect gives this service after they start working with shoppers to get them on stable footing going ahead. Addressing aged invoices lays the groundwork for a cleaner monetary slate shifting ahead. It additionally highlights why efficient AR administration is so crucial: to forestall the necessity for collections sooner or later.
“Kollecting” Invoicing and Accounting in One Place
Kollect’s holistic method to monetary operations means they’ll deal with day-to-day bookkeeping and accounting, along with AR administration and collections work.
When your AR staff additionally manages your books, they’ve full visibility into your monetary workflow.
What does integration imply on your agency? Proactive, well timed, knowledgeable follow-up, with out duplicated effort, miscommunication, or the blind spots that happen with siloed AR and accounting.
The individual following up on a late bill already is aware of the consumer historical past, cost patterns, and inner notes with out checking a number of methods or asking a number of folks. That’s Kollect’s mannequin: related, streamlined, and environment friendly.
Kollect gives versatile help: from primary bookkeeping and month-to-month IOLTA reconciliations to digital CFO providers.
Whether or not your agency wants easy belief accounting, stability sheets, and P&L statements, or extra elaborate recommendation like contract opinions and monetary technique studies, Kollect will help create a transparent, complete image of agency funds.
Refocus on Practising Regulation
As an alternative of being an “AR/collections/accounting hobbyist,” you concentrate on working towards legislation. Time as soon as spent reviewing receivables, chasing overdue invoices, or deciphering inconsistent monetary studies turns into time spent on shoppers, enterprise improvement, or courtroom technique.
You acquire monetary peace of thoughts. Higher transparency and accountability produce regular, predictable earnings with out inner friction or divided consideration spans.
A Lasting Accomplice for Lengthy-Time period Success
Kollect gives a sublime three-part resolution to probably the most persistent issues in authorized follow: getting paid, whereas additionally offering full-service monetary alignment. Even when your agency wants assist in just one space (AR administration, collections, or accounting), Kollect’s deep understanding of how all three areas work together means they’re uniquely positioned to serve you higher than a supplier with a slim focus.
Many attorneys don’t like to think about their agency as a enterprise. As an alternative, they like to think about a “calling” and being an “officer of the courtroom.” These are honorable and true sentiments. They’re additionally simpler to attain if the enterprise half is well-run. Corporations develop stronger by specializing in what they do greatest and outsourcing the remainder to trusted specialists.
For those who’re prepared to enhance money circulation, cut back administrative stress, and acquire extra time on your shoppers, go to Kollect’s website to rearrange a free session about how they will help you run a better, extra sustainable agency.
Final up to date July tenth, 2025