Law Firm Lockup Management video

Every client drawn as a block of locked-up cash, every stuck matter given a cited reason, and the right next step drafted for the right person. 1:18

What the film shows

Monitors aged WIP and receivables, finds why each matter is stuck and drafts the next step

Agents rank every client and matter oldest first, read the billing status, the client's portal, the emails and the engagement letter, name why each matter is stuck with its source, and draft the right step for the right person. The receivables manager approves and sends; partners keep every client decision; the forecast shows what the sends do to lockup days.

Transcript

  1. Law Firm Lockup Management finds why each matter's cash is stuck, and drafts the next step.
  2. US firms wait a median ninety-three days for cash. Kingswell Darrow waits one hundred eighteen.
  3. Every client is a block, sized by dollars locked and shaded by age.
  4. The darkest, Brackenridge Energy, opens: one point two million in four pre-bills, held ninety-seven days.
  5. The agents read the emails: the client's hold ended when its deal closed.
  6. A rejected invoice is corrected and resubmitted; the missing purchase order goes to the client.
  7. Pauline gets a short nudge: four pre-bills, and why they can go now.
  8. Celestine approves next steps on all thirty-eight matters over one hundred eighty days.
  9. The year-end forecast falls from one hundred eighteen days to one hundred one.
  10. Built on Botminds: agents, data, screens and governance on one platform.

The narration as written for the film. Captions are on the player.