Robert Rimberg's profile

Common Billing and Payment Processing Challenges

An accomplished attorney and entrepreneur, Robert Rimberg is the founder of Bill4Time, a legal online time tracking software that makes it easier for legal firms to effectively take care of client billing issues. An economics graduate from Yeshiva University, Robert Rimberg has expertise in real estate law and bankruptcy law.

Law firms that haven’t embraced automated tools spend a significant part of their day dealing with administrative tasks such as recording time and billing or collection activities. Without a billing system, legal firms are under pressure to generate accurate invoices promptly that calls for extra attention to detail which is time-consuming.

Besides creating invoices against billable hours, law firms are also required to collect outstanding receivables to ensure a continuous flow of cash for the business. When clients delay payments, legal firms have to come up with follow-up strategies that at times make attorneys skeptical since they don’t want to offend their clients. Time constraints also prevent adequate payment tracking and when bills are tracked, reminders are usually inconsistent. The manual process of tracking payments is an overwhelming process that many attorneys struggle to rectify daily.
Common Billing and Payment Processing Challenges
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Common Billing and Payment Processing Challenges

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