Power Up Your Practice

← Power Up Your Practice8 Sept · 36 min

Ep. 131: Stop Chasing Invoices: Legal Payments & Disbursements with Emery Wager

Ep. 131: Stop Chasing Invoices: Legal Payments & Disbursements with Emery Wager8 Sept36 min

In this episode, Ruby Powers sits down with Emery Wager, co-founder of Confido Legal, for a conversation about one of the most overlooked parts of running a law firm: actually getting paid — and getting money where it needs to go.

Emery came to legal payments from the outside. While managing outside counsel relationships at a previous company, he was personally responsible for paying millions of dollars in legal bills — and was consistently putting law firm invoices at the bottom of the pile because the experience was so difficult. That frustration became the foundation for Confido, a digital integrated payments platform built specifically for the legal space, now working with over 1,600 law firms across North America.

What we explore:

✅ The Collect Early Billing Model: Why the default — do the work, send the invoice, hope you get paid — is the worst possible system for cash flow. The four billing models that actually work: evergreen retainer, auto-billing, flat fee, and subscription, and why the best firms bill multiple times a month.

✅ Cash Flow vs. Collection Rate: Why getting paid in 15 days instead of 45 days is worth almost a month of revenue — and what you can do with that money when it's in the bank instead of sitting as accounts receivable.

✅ Why Disbursements Are Still Stuck in the Past: Almost every plaintiff firm Emery talks to is still sending paper checks. In 2026. With AI intake, AI demand letters, and sophisticated case management — and then the moment the case settles, everything goes completely offline.

✅ The Paper Check Problem: Why checks are becoming one of the most dangerous ways to move money, what the actual fraud loss rates look like, and why your account and routing number going out to hundreds of people a month is a risk most firms haven't thought through.

✅ How to Start: You don't have to overhaul everything at once. Try digital disbursements on one small case. See how the client reacts. See what it does to overhead. Then phase it in. Dip your toe in the water before you commit.

✅ The Marine Corps Lesson That Runs His Company: Go to the point of friction. Don't stand behind the battlefield directing traffic — find the single place where the outcome is being decided and get there.

If your firm is still billing monthly, still sending paper checks, or still hoping invoices get paid — this episode is your wake-up call.

📣 SPECIAL ANNOUNCEMENTS:

🚀 Law Firm Retreat: Power Up Your Practice Into Reality – January 2027 in Austin, TX. More details coming soon — stay tuned!