COLLECTIONS SERVICES THAT MEET THE DEMANDS OF THE LEGAL INDUSTRY

The times they are a-changin’ when it comes to the way collections are performed for law firms. The days of simply picking up a phone and calling a client to request payment on a past due invoice are quickly vanishing.

Today’s collections professionals in the legal industry not only need to be skilled in the art of verbal communication, but more so must also be highly-skilled in the art of electronic communication, research and organization practices, and have a strong understanding of the fundamental principles involved with e-billing.

Backed by the experience and support of our Collections Management Team, our collections professionals are trained to go well beyond the basic functions associated with a standard collector in order to effectively identify and address any of the various complex matters that may arise with the management and oversight of a firm’s A/R portfolio.

From knowing how to extract pertinent details and information from e-billing sites, to spearheading research assignments that lead to the resolution of billing discrepancies, you can be sure that the Luxe team of collections professionals will do so much more for your firm than just collections.

We understand that every firm has it's own set of needs when it comes to collections. As such, each of our service offerings come with the flexibility that allows you to select only those services that best-meet the current and long-term objectives of your firm. 

For example, many firm's turn to us as a cost effective alternative to temp agencies to acquire short-term assistance with collections projects, including year-end collection pushes, or to fill the gap during extended employee absences. Alternatively, a number of firm's rely on us as their primary source for collections management services, thus eliminating the hassle's typically associated with employee turnover or the high-fees paid to recruitment companies.

how it works

In addition to the superior communication skills each of our collections professionals posses, they are each trained and well-versed in the following e-billing sites, accounting software’s and compliance standards:

SERVICE OFFERINGS 

On Demand / Contingency

Send us as few or as many invoices you need collected and our team of professional collectors will begin working on them immediately. 

Invoices < $1,000.00: 25% of the amount collected on each invoice

Invoices > $1,000.00: 30% of the amount collected on each invoice

Invoices aged over 365 days: 35% of the amount collected on each invoice

Flat Fee / Retainer

A dedicated collector or team of collectors will be assigned to manage your firm's entire accounts receivable portfolio and will serve, on your company's behalf, as the primary point of contact for any and all matters related to the invoices that are distributed to your clients. 

Our team will monitor all analytics associated with the collection of your receivables each month and will develop and implement class-leading practices and solutions to ensure the quickest and most efficient return on your receivables. 

Fee: Monthly retainer ranges between $1,000 - $7,500 per month (fee is based on the overall size of your firm's A/R portfolio and the number of collectors required)

SHORT-TERM / TEMPORARY 

Ideal for short-term or temporary projects such as year-end collection pushes, or to cover positions left temporarily vacant due to employee leave of absences and/or resignations and terminations. 

Fee: Negotiable (fee is based on the overall size and complexity of your firm's A/R portfolio and the length of time services are required)

Still have questions? 

(702) 333-4886