Billing & Collection

Our outsourced Legal Billing service is designed to provide a fast, efficient, and cost-effective solution for billing.

Whether your firm utilizes the billable hour, a contingency fee, a flat fee arrangement, or some combination of the three, billing, processing payments, and seeking collection of overdue invoices from your clients can take up a significant portion of your staff’s time. Handling this process in-house is often inefficient and ineffective.

By outsourcing all your legal billing needs to Koma Consulting Group, you’ll be able to use your valuable time to practice law and grow your business rather than creating invoices and trying to track down clients for payment. Because we have extensive experience in the most current billing software, techniques, and other practices, we can guarantee that your billing will be timely and effective.

Law Firm Billing and Collection Services We Provide

  • Preparation of pre-bills and worksheets
  • Editing of pre-bill statements
  • Preparation of final client billing
  • Complete contingency and flat fee client procedures
  • Process payment to ensure client ledgers are balanced
  • Fulfill management’s informational needs and requirements
  • Process accounts receivable
  • Prepare management reports and/or custom reports
  • Process write-offs, write-ups and write-downs
  • Conduct general billing system maintenance and month-end closing
  • Originate reports
  • Establishing collection procedure, collecting by mail, make collection calls, aging accounts receivable and payments monitoring
  • E-Billing

Our Law Office Billing Cycle:

Pre-Billing

  • Process Vendor Bills
  • Process Payments Received
  • Enter Fees and Costs
  • Trust/Retainer Processing
  • Process Time Tickets
  • Prepare Prebills

Billing

  • Consolidate Multiple Matters
  • Generate LEDES Billing
  • Determine Fee Sharing
  • Fees & Costs Adjustments
  • Process Billing Arrangements
  • Attorney Review
  • Prepare Final Billing/Statements

Post-Billing

  • Monthly A/R Reports
  • Monthly G/L Reports
  • Monthly Productivity Reports
  • Monthly Trust Reports
  • Collections/WIP Reports

Between Billing Cycles

  • Collections/WIP Reports
  • Review Trust Account Ledgers

How can we help you?

Koma Consulting Group offering multiple business services like finance and accounting, billing and collection, human resources and management for Law Firms.