Family & Juvenile Law Section “Top 10’s”

Top Ten How To Get Paid
By: Kristine H. Howanski, Esquire
Stacy LeBow Siegel, Esquire

  1. Only accept rich clients. Then you need no other rules.

Just kidding:

  1. Have an evergreen retainer.
  2. Issue detailed invoices on a monthly basis.
  3. Stay on top of your accounts receivable.
  4. Spend 1-2 hours per week on collection.
  5. Do not take a client in the first place who is not in a position to fund the litigation.
  6. Accept credit cards.
  7. Record all of your time, even that which you intend to write off, so the client sees the work that was not charged.
  8. Consider other means of securing payment, i.e., mortgages, security interests, promissory notes if right up front, third-party payors.
  9. Send self-addressed envelopes with your invoices.
  10. Bill on the 15th of the month as opposed to the beginning or end.