Michael Ferdman Highlights Successful Closing Strategies for Assoicaition of Leal administrators

December 12th, 2020

As we close the books on a tumultuous 2020 and look forward to a successful 2021, Intelliteach Managed Services Chief Operations Officer, Michael Ferdman, authored the December 10 article for the Association of Legal Administrator’s Legal Management highlighting a checklist for optimizing year-end revenue collections.

 

“A successful closing effort can mean the difference between a profitable 2020 and starting 2021 at a billing disadvantage,” Ferdman said. “Implementing smart closing strategies will position your firm for a strong first quarter.”

 

Ferdman’s checklist, which includes insights from Intelliteach’s previously published Year-End Closing Strategy Guide, details 18 tips for closing the year strong separated into seven strategic approaches, including:

  • Organize and Motivate Your Team;
  • Manage Expectations – Communicate;
  • Create Internal Efficiencies;
  • Make Payments Easier;
  • Double Check Accounting;
  • All Hands On Deck; and,
  • Anticipate Unseen Obstacles.

For all 18 pieces of guidance to end the year strong and start 2021 on strong footing, please click here.