On any given day, the 100 largest law firms in the United States average of over $16 Million of capital tied up financing out-of-pocket costs on behalf of clients.  To allow law firms of all sizes to stop providing free loans to clients, DMA provides Disbursement Manager™ software.

The DMA Concept is simple -- We recommend that law firms adapt the following policy:  "If our firm advances cash or credit on behalf of any client for more than 30-45 days, the cost ("float") for that loan must be billed to the applicable client, to avoid burdening the firm and our other clients with that cost."  

 The effect on the law firm is dramatic - in the first year, DMA can generate additional capital equivalent to a one-time gross revenue increase of over 10%. The DMA Solution is innovative, ethical and equitable to all clients. 

NATIONAL LAW JOURNAL addresses Hard Disbursement Management - The Sept 25, 2006 edition of the National Law Journal (Page S3) features the DMA approach to managing hard disbursements in an article titled "Lawyers Become Unwilling Bankers" in the Business of Law section.  Written by a managing partner who successfully implemented this concept, the article clearly states the case for getting a handle on this issue.

The DMA Solution is easy to install, and requires virtually no training.  Let us prove it to you.  Call Disbursement Management Associates, LLC at (781) 383-3330 or email marilyn.minot@dmalaw.com .