Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The financial health of any law firm is greatly affected by the status of collections and the aging status of accounts receivables. Like many firms during the recent economic downturn, Marshall Dennehey Warner Coleman & Goggin, a firm with more than 400 attorneys headquartered in Philadelphia, has experienced an increase in delayed payments by clients.

Because of the attorney-client relationship, attorney participation in the collection effort is key to the success of the overall collection strategy. As a result of interviewing attorneys and accounting personnel, we determined that it was difficult for attorneys to obtain information quickly through disparate systems, and the various user interfaces were confusing. Some paper reports were obsolete before the attorneys had time to review and act upon them.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.