The Payment Policy Behind a 98% Law Firm Collections Rate - #228

Send us Fan MailYour law firm's collections rate says more about your business than revenue does. This firm hits 95-98%. Here's how. Law firms chase money they have already earned. So Ronald shared their tight client payment policy so you can stop chasing and start getting paid. An evergreen retainer and a no-free-work rule keep your firm's cash flow. Get paid first, chase nothing.  📲 Subscribe Now: https://www.youtube.com/@jsterlinghughes                                https://www.youtube.com/@TylerxDolph 📚 Order The Waterfall Method Book here: http://rocketclicks.com/the-waterfall-method/📝 Get your FREE Law Firm Growth Guide: https://jsterlinghughes.com/📅 Schedule a FREE Family Law Firm Audit: rocketclicks.com/schedule-a-family-law-quick-audit---📄 CHAPTERS0:00 - Meet the Five-Attorney Firm Built to Stay Small 2:37 - From Taking Any Case to Family Law Only 7:49 - The Slow Climb That Exploded Into Three Big Years 9:53 - The Payment Policy Behind a 98% Law Firm Collections Rate 11:37 - Why Attorney Turnover Became His Biggest Struggle 17:24 - Why He's Capping the Firm at Six Attorneys----------------------Ready to find the accountability partner you need to build your dream family law firm the same way we grew Sterling Lawyers? Follow these steps:  1. SUBSCRIBE TO JEFF'S NEWSLETTER: https://jsterlinghughes.com/  2. BOOK A FREE 30-MINUTE AUDIT WITH US: https://rocketclicks.com/schedule-a-family-law-quick-audit/  3. CONNECT WITH US: LinkedIn: Jeff Hughes, Tyler Dolph, & Anthony Karls, Facebook: Jeff Hughes, Tyler Dolph, & Anthony Karls, Instagram: Jeff Hughes, Tyler Dolph, & Anthony Karls4. TELL US WHAT YOU WANT:  Tell us in the comments if you liked this episode and what other kinds of episodes you would like to see.