Clio's 2023 #LegalTrendsReport chart showing impact of billings and payments features in Clio Manage legal practice management software, showing correlation in increased Collection rates when used.
Clio's 2023 #LegalTrendsReport chart showing impact of billings and payments features in Clio Manage legal practice management software, showing increases in Realization rates correlation when used.
Firms that ask for advance payments have both higher Realization and Collection rates.
12% higher Realization rates correlated with trust requests.
3% higher Collection rates correlated with trust requests.
2023 #LegalTrendsReport from @goclio.bsky.social.