Do I Need to Pay my Contingency Fee NY Lawyer if I Replace Them?

Thinking about replacing your lawyer with someone else because you are unhappy with the results thus far on your NY debt collection case?  Worried that replacing your current NY contingency fee debt collection lawyer with another will impact your bottom line? That any recovery on the claim would be further reduced because you will be required to pay fees to the outgoing NY contingency fee debt collection attorney as well as the incoming lawyer?

The Engagement was Clear NO COLLECTION, NO FEE

The terms were very clear when the NY contingency fee debt collection lawyer took on your claim. No recovery, collection of monies, no fee. The lawyer agreed. You both signed an engagement letter, a binding contract, that the claim was to be handled on a contingency fee arrangement.

For whatever reasons, you are unhappy with the current lawyer handling your debt collection claim. Perhaps the case has taken a lot longer than expected.  The result is that as of now no monies have been collected. You are considering replacing your current NY debt collection contingency fee lawyer with another. Continue reading “Do I Need to Pay my Contingency Fee NY Lawyer if I Replace Them?”

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What To Do When Your Clients Don’t Pay Within Terms

Companies and organizations are often challenged with what to do when clients don’t pay within terms. There are some accounts that routinely do not pay outstanding invoices within your terms. These are opportunities to improve your company’s cash flow. While you may have your payment terms established at Net 30, perhaps a discount offered to clients who make payments earlier, within 10 days, would encourage some customers to pay early. However, it seems that the majority of clients pay past the established Net 30 days.

There are changes that you can make that will help to improve receivables, improve cash flow and get your clients to pay within terms. Continue reading “What To Do When Your Clients Don’t Pay Within Terms”

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New York Collection Attorney: Lay the Foundation to Build Your Case

Image result for building the foundationIn order to best represent your interests, understanding the underlying transaction is key for your New York Collections Attorney. The facts together with the supporting documents will lay the foundation to build your case.

An explanation of the customer’s reason for non-payment, if any should be divulged at the onset. Doing so will help Continue reading “New York Collection Attorney: Lay the Foundation to Build Your Case”

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Invoicing: Vary the Delivery Method to Maximize New York Debt Collection

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To maximize New York Debt Collection on unpaid invoices, consider varying the method in which you deliver your invoices. Doing so may get you paid.

Take a lead from my digital legal library provider. The vendor had traditionally mailed invoices. For us, invoice came in, payment went out.

At some point the vendor stopped mailing invoices and began emailing them. Honestly, I did not notice.

Aside from rent, payroll and a few other monthly charges, if I do not have a bill Continue reading “Invoicing: Vary the Delivery Method to Maximize New York Debt Collection”

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