Free · 3–5 Minutes · No Signup Required

Where Is Your Billing Process Losing Money?

Most law firms collect 85–88 cents on the dollar. XPRTS-built billing systems at Bay Legal collect 98.5%. Answer 7 questions and find out exactly where the gap is in your process.

Billing & Collections AuditQuestion 1 of 7
Question 1 of 7

What percentage of invoiced amounts does your firm actually collect?

Your collection rate is one of the clearest indicators of how consistently the billing process is working.

Question 2 of 7

How are invoices generated in your firm?

Question 3 of 7

How do clients pay your firm?

Question 4 of 7

What happens when an invoice isn’t paid on time?

Question 5 of 7

How does your firm handle trust accounting and IOLTA?

Question 6 of 7

Do you know your current AR aging — how much is 30, 60, and 90+ days outstanding?

Question 7 of 7

What’s the biggest billing challenge your firm faces right now?

Billing & Collections Audit
0/ 21

Your Results

Primary Billing Gap

Use these results as a starting point for a deeper review of your billing configuration, AR process, payment workflow, and reporting.

Request a Free Strategy Review →

Most law firms collect 85–88 cents on the dollar. The gap between 88% and 98.5% collection rates is almost entirely a systems problem, not a client problem. This audit scores your invoice generation, payment methods, AR follow-up, trust accounting, and financial visibility — and shows you exactly where the revenue is leaking.

Common Questions

Frequently Asked Questions

Industry average for small law firms is 85–88%. XPRTS-configured billing systems at Bay Legal, PC consistently achieve 98.5%. The gap between 88% and 98.5% on a $400,000/year firm is $36,000 in additional annual revenue — from the same clients and the same completed work.

Clio automates invoice generation on a schedule (so invoices always go out on time regardless of staff availability), embeds online payment links directly in every invoice (so clients can pay in one click from their phone), and sends automated payment reminders at 7, 14, and 30 days past due (so overdue invoices don’t depend on a staff member remembering to follow up). Each of these removes a friction point that causes invoices to go unpaid.

Trust accounting is the management of client funds held in a firm’s IOLTA account — funds that belong to the client, not the firm, until earned. State bar rules require strict separation of trust and operating funds, detailed ledgers for each client, and regular three-way reconciliation. Clio automates client trust ledgers, trust-to-operating transfers, and the three-way reconciliation — reducing the risk of trust accounting violations significantly.

Most collection rate improvements are visible within 60–90 days of implementing Clio billing automation. Invoice generation becomes consistent, payment reminders fire automatically, and online payment adoption increases as clients discover the convenience. Full impact — including reduction in 90+ day AR — typically stabilizes within 6 months.

Invoices past 90 days have significantly reduced collection probability — research suggests under 50% collection likelihood at 90 days, dropping further at 180 days. XPRTS recommends automated reminders that prevent invoices from reaching 60 days in the first place. For existing 90+ day AR, a structured outreach sequence (offer a payment plan, send a formal demand letter, evaluate collection referral) is the correct response.

Not Sure Which Platform Is Right for Your Firm?

Request a free Strategy Review. We’ll audit your current tech situation and give you a specific recommendation.