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Accounting and Financial Planning for Law FirmsTopicsFeaturesLaw Firm FinancialsLaw Firm ManagementLJN Newsletters

Elite Law Firms Increasingly Suing Clients to Collect Fees

By Christine Simmons
January 01, 2017

The days of large law firms allowing clients to skip or delay paying bills are dwindling. Look no further than the courts, where if clients don't pay, they will face suit, no matter how prestigious or large the firm.

In an era when demand for legal services is softening, the country's largest firms are increasingly going to court and arbitration against their former clients to collect fees in what consultants say is the “new normal.”

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