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Home Financial Services Case Study: Billing Services

Law Firm Billing Services Back-Office Support

Overview
Several small-mid sized law firms often neglect their billing and end up with large receivables. Billing work for them requires some domain knowledge of the legal process in US. An additional complication arises because they treat each case matter as a separate “accounting unit” and all the costs and incidental expenses need to be accounted for separately for them as it goes into the client billing for that case matter.

Client
Mid-sized law firm - 10 attorneys - CA

Client's Challenges

  • Handling lot of paperwork
  • TAT
  • Managing peak load

O2I’s Back-Office Services Provided
  • The law firm specializes in foreclosures, evictions and bankruptcy and a large percentage of their work is to represent the government in such cases.
  • The work starts from the time a request to initiate a case is received by the law firm
  • All the paperwork (including every small email) needs to be filed electronically given the nature of the business.
  • The matter has to be opened / setup in the in-house software used for managing the Law Firm Practice.
  • The bills have to be generated as the case matter closes and in majority of cases submitted online to various government offices for claims.
  • In case any payment is held-up due to request of additional information from the Government – the requested info is uploaded so that the payment is released.
  • Other regular accounting services.

Impact on Client’s Business
  • Staff and related expenses cut significantly
  • Faster TAT
  • Seasonal load managed well

At Outsource2india, we have been providing accurate and high-quality Financial Services for our global customers, enabling them to save on time, effort, infrastructure and revenue. Read more Financial Services Case Studies on Equity Research, Accounts receivable, Bank Loan Production, Financial Research, Title Search and HR Support.

Please contact us for further information about O2I's Billing Services Back office support and Pricing details.

O2I’s Financial Services

Accounting and Finance Services: Outsource Write-Up, Bookkeeping Services , Accounts Payable, Accounts Receivable, Financial Reporting and Accounts Reconciliation services to O2I for proficient and cost-effective services.

Tax Preparation Services: Outsource Tax Return Processing and Tax Preparation services to O2I and benefit from maximized efficiency and profits. Give your business a competitive edge with our efficient services.

Financial Analysis Services: Outsource Financial Analysis services to O2I for accurate, reliable and competent services delivered within a fast turnaround time. Improve the financial health of your organization with our professional services.

Payroll Processing Services: Outsource Payroll Processing services to O2I to reduce your operational costs by 40-50%. Relieve your organization from mundane administrative tasks. Outsource to O2I and concentrate more on your core business.

Insurance Services: Outsource Life Insurance, Property and Casualty, Annuity Insurance, Insurance Policy Administration, Insurance Agency Management, Insurance Claims Administration and Insurance Data services for increased profits.

Outsourcing to India: Discover Why India is an ideal place to outsource to, Read more on Why Outsourcing has become necessary and find out more on What services can be outsourced to India.

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