Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Milan Bobde
Law Firms Collect About 82 Cents on the Dollar — The Rest Is An Architecture Problem
Money magnet (Image: iStock) Ask a managing partner how their firm gets paid and you will hear a clean story. Bills go out after review. Collections chases what is overdue. Payments come in and get posted. Finance reconciles at month end. It sounds like a system. It is really a relay race run by teams who cannot see each other. Billing owns one leg, collections another, finance a third, each on its own software, none of them looking at the same picture of where a given dollar actually is.
The Power of One: How Leading Firms Are Rethinking Revenue Operations
money stack, financial transaction There is a quiet crisis unfolding inside law firm finance departments, and it has nothing to do with billing rates, realization, or collections. It is about the tools themselves. Over the past decade, firms have accumulated an impressive stack of point solutions to manage revenue operations — one system for invoicing, another for collections, a third for cash application, a fourth for analytics, and a fifth for e-billing.
The Power of One: How Leading Firms Are Rethinking Revenue Operations
Search Input Law.com CompassLaw.com RadarVerdict SearchScholar .China Law & PracticeLegal Dictionary Click to enter your existing username and password or create a new account. Click to purchase an individual user subscription with your credit card.
The Power of One: How Leading Firms Are Rethinking Revenue Operations
Search Input Law.com CompassLaw.com RadarVerdict SearchScholar .China Law & PracticeLegal Dictionary Click to enter your existing username and password or create a new account. Click to purchase an individual user subscription with your credit card.
The Revenue Blind Spot: Why A/R Aging Reports Are Failing Your Firm
Every law firm administrator knows the ritual. The aging report lands, the numbers are parsed and the conversations begin — usually with some variation of, “We need to collect on these.” The report tells you what’s overdue, how overdue it is and which clients owe the most. What it doesn’t tell you is anything useful about what happens next. This is the blind spot that costs firms real money, not because they lack data, but because they’re reading the wrong story from the data they have.
The Power of One: How Leading Firms Are Rethinking Revenue Operations
Search Input Sign in to access your account and subscription Law.com CompassLaw.com RadarVerdict SearchScholar .China Law & PracticeLegal Dictionary Search Input Law.com CompassLaw.com RadarVerdict SearchScholar .China Law & PracticeLegal Dictionary Back to Law.com Click to enter your existing username and password or create a new account. Click to purchase an individual user subscription with your credit card.
The Rise of Revenue Intelligence: Why Law Firms Are Leveraging AI to Reimagine the Revenue Lifecycle Original
Law.com CompassLaw.com RadarVerdict SearchScholarChina Law & PracticeLegal Dictionary Click to enter your existing username and password or create a new account. Click to purchase an individual user subscription with your credit card. CommentaryLaw Firm Management 6 minute readAugust 18, 2025 What You Need to Know For too long, billing and collections have operated in silos, held together by legacy systems, spreadsheets, and reactive workflows. The solution isn’t just more software.
The Rise of Revenue Intelligence: Why Law Firms Are Leveraging AI to Reimagine the Revenue Lifecycle
Law.com Subscribers SAVE 30% Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
How to Structure Lawyer Blog Posts for Content Marketing
Every law firm has its own platform for attorneys to establish themselves as thought leaders, but blogs written in legalese miss the mark. Here are easy ways to structure blog posts to make them more readable almost instantly. When it comes to establishing an attorney as a thought leader, the gold standard remains good old-fashioned public relations. Nothing beats bylined articles or quotes in reputable news outlets.
Navigating AI Solutions for Efficiency and Data Security
The emergence of artificial intelligence as a viable tool in the practice of law promises both efficiency and elevated enterprise risk. Integrating AI tools into legal practice without compromising the security of sensitive client information is a paramount concern.
How 'Invoice to Cash' Innovation Rescues Firms from Billing Woes
In 2023, the collection cycles lengthened by 5% and, in fact, this was the second consecutive year firms have experienced this trend in collections (see, Citi Hildebrandt 2024 Client Advisory). Should this trend be treated as a cause for alarm or a mere cost of doing business? Want to continue reading?
Revolutionizing Revenue: How 'Invoice to Cash' Innovation Rescues Firms from Billing Woes
Law Firm Financials Law Firm Management Law Firm Profitability More and more, firms are understanding that it’s the firm’s ability to convert its agreed rates through billing and collections to collection realization that really counts. So why is it such a challenge for firms to solve it? In 2023, the collection cycles lengthened by 5% and, in fact, this was the second consecutive year firms have experienced this trend in collections (see, Citi Hildebrandt 2024 Client Advisory).
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Milan
Contact Milan, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack