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Home » Publications: Legal Management » Legal Management Archives » September/October 2007
Legal Management Archive

Legal Management

September/October 2007
Volume 26, Number 5

THIS ISSUE’S THEME: FINANCIAL MANAGEMENT

To read any of the articles featured in this issue of ALA’s journal, Legal Management, simply click on the hyperlinked headline for a downloadable PDF.








Table of Contents

Feature Articles

COVER STORY
Paperless Profits: The New World of E-Billing 
Legal administrators play pivotal roles as their firms become more heavily invested in electronic billing practices. For such firms, e-billing systems do more than help collect money quicker. They also assist in tracking receivables from the time invoices are sent to the time they are rejected or paid.
BY PHILLIP M. PERRY

Balance Paid: Avoid Common Mistakes in Managing Accounts Receivable 
Legal administrators should take the time to honestly evaluate their firms’ receivables collection and management efforts. By understanding – and overcoming – some fundamental mistakes, lawyers can far more effectively manage their receivables and boost their firms’ bottom lines.
BY JAKE KROCHESKI

Hitting the Road: The Essentials of Law Firm Travel Plans and Policies 
Balancing travel economy with work efficiency is a continuing challenge for legal administrators. Giving too much weight to either side of the scale can result in the loss of considerable time and money for the firm.
BY PHILLIP M. PERRY

Understanding Leverage: The Secret to Increased Profitability in a Competitive Market 
Law firms can benefit substantially from the realization that even if their relatively unleveraged approaches have been profitable, they can substantially increase profitability by improving leverage – the practice of utilizing the lowest-cost resource to perform a particular function.
BY KRIS SATKUNAS

Columns and Departments

To the Point
Money Talks 
BY JOHN DELAVAN

Up Front
Practical News & Perspectives 

Think Tank
Make an Offer: Negotiating Placement Agency Fees 
COMPILED BY AMY DVORAK

Best Practices
What Do You Know? Making Better Decisions Through Information Accountability 
BY RICHARD HELLERS

LawBiz Coach
The Budget: Your Firm’s ‘Secret Weapon’ for Better Collections 
BY ED POLL

Big Ideas
Real Estate Realities: A Timeline for Accomplishing Office Leasing Goals 
BY THOMAS G. MCDONALD AND DAN O’NEIL

Off the Shelf:
New Products for Law Firms 

ALA Update
News from Your Association 

Quick Connect
Legal Management Advertiser Information 

Final Thoughts
Footing the Phone Bill 
BY AMY DVORAK

The articles posted here and throughout www.alanet.org are for reference only and are copyrighted 2007, All Rights Reserved, by the Association of Legal Administrators (ALA). Reuse or redistribution of articles without ALA’s permission is strictly prohibited. Request permission to to reprint or redistribute content from this publication.