Arrival in Paris
The following article continues the saga of my Leap of Faith, which turned out to be my journey from lawyer to coach. This article was originally published in the Orlando Sentinel in 1999.
Arrival in Paris
A year in France sounded like a reasonable antidote for the forty-something mid-life crises of a couple from Houston. Because Jim and I had minimal travel experience in France and minimal French language skills, we made a trial move to Paris for one month. It started out well. When we landed at the airport, we breezed through customs and immigration so easily that we did not recognize the process had occurred until we found ourselves at the street exit.
The bathroom had barely enough room for both me […]
A Little Thanksgiving Montage
On the day after Thanksgiving and I realized that I had the capability to make a little video montage of a few photos from Thanksgiving, complete with music, using software that comes with Windows XP. It was wonderful to have time to do something just because it was creative and fun.
The legal field is so left brain intensive. It is important to engage in right brain activity to help keep the communication flowing between the hemispheres, and to strengthen the right brain neural pathways. We need those right brain pathways for a lot of purposes, including when it’s time to do some “out of the box” problem solving.
If you want to view my little 2 minute Thanksgiving montage, click on http://www.youtube.com/watch?v=XUlNHHf5O4Y.
Hoping you are enjoying the holiday!
-Debra
Business Development: Follow-up or Fall Down
Keep the Cash Flowing: Collection Tips
A reader’s question: Do you have any tips on how to get clients to pay their bills more promptly?
Response: Cash flow is important to the success of every business, yet many lawyers do not design their practice to assure that collections flow in smoothly and regularly. The measures appropriate for your firm may depend upon the size of your clients, the type of clients you serve, and the types of matters you handle for them.
As you read through the suggestions below, think about how you might experiment with some of them or adapt them to your needs. Some may be new ideas for you, and others may be familiar ones that you have just gotten out of the habit of doing.
1. Get a retainer in advance. Hold a retainer equal to one month’s fees in trust until application against the final invoice. Invoice the client each month for the current work. If the client has not paid the first invoice by the time you are sending out the second invoice, notify the client that work will be suspended until the account is brought up to date. Certain practice areas tend to attract a high level of clients with poor payment patterns. Practitioners may want to charge the entire fee up front for such services, or provide in the engagement agreement that the initial fee installment applies to the first stage of the engagement. Provide that the engagement will be put on hold or terminated until the fee for each next stage is paid in advance.
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