The biggest difference between firms delivering revenue realization improvement and those who don’t is a commitment by senior firm management to drive a high level of true policy compliance. Seelin Naidoo, CEO, Intelliteach
Atlanta, GA (PRWEB) June 27, 2017
Seelin Naidoo, Chief Executive Officer, Intelliteach, presented “New Money” – Managing Law Firm Revenue at Client Intake at the 2017 Annual Conference of the Association of Legal Administrators (ALA) in Denver, Colorado. Content is now available online: Intelliteach, New Money Presentation at the 2017 ALA Annual Conference.
“The biggest difference between firms delivering revenue realization improvement and those who don’t is a commitment by senior firm management to drive a high level of true policy compliance.” shares Seelin Naidoo, CEO, Intelliteach.
The Intelliteach New Money – Managing Law Firm Revenue at Client Intake presentation outlines operational processes often overlooked for improved revenue realization and managing financial risk. The overview outlines best practices for ensuring greater financial predictability and managing risk of bad debt by emphasizing three key areas for client services improvement:
1. Client Intake as Financial Risk
2. New Client Interaction
3. New Client Contact and Frequency
According to Intelliteach’s Seelin Naidoo, Chief Executive Officer, “Firms can still dramatically reduce their risk of bad debt by managing those clients already in their AR portfolios. Policies used to assess risk and manage those high-exposure clients to minimize losses are essential. However, no single new client acceptance policy will fit every firm. The framework and processes are usually revised to fit an individual firm’s culture - and that management’s appetite to challenge the status quo.”
Intelliteach is the leading global provider of intelligent outsourcing solutions to more than 300 firms in the legal and accounting markets. We specialize in Accounts Receivable Management, IT Help Desk, SkillBuilder eLearning and Software Solutions. Intelliteach’s clients on average have experienced a 10X return on their investment and/or reduced overall operating expense by more than 30%, all while improving quality of service which is available 24/7, 365 days a year. With focus on providing secure, scalable solutions enabled by best in class technology platforms, our multi-service solutions help position law firms for financial success by allowing them to emphasize long-term practice growth strategies and transformative law practices. See what’s next with Intelliteach at http://www.INTELLITEACH.com.