AUSTIN, TX – July 31, 2025 — CollBox, the accounts receivable management platform purpose-built for law firms, today announced it has surpassed a major milestone: over $100 million recovered in unpaid invoices for firms across the United States.

This milestone underscores the growing demand for CollBox’s integrated solution that blends intelligent automation with trained accounts receivable professionals for a fraction of the cost of hiring. Since its launch, CollBox has helped law firms improve financial performance by streamlining collections, reducing administrative burden, and accelerating cash flow.

“CollBox has achieved remarkable results in just two years since we named them a finalist for Best New App in our ecosystem in late 2023,” said Harsha Chandra Shekar, Vice President of Business Development at Clio. “They’ve helped Clio firms recover substantial overdue revenue while removing the stress of collections. It’s a perfect example of how integrated legal technology and services can drive meaningful outcomes for firms.”

 

Addressing a Widespread Problem

According to Clio’s 2024 Legal Trends Report – the average firm waits 92 days to collect earned fees. AffiniPay’s 2025 Legal Industry Report notes that 68% of law firms cite fee collection as a major operational challenge. CollBox addresses these challenges head-on by providing a solution designed specifically for the needs of legal professionals.

Law firms using CollBox recover an average of $66,000 per month and the average lifetime amount recovered has exceeded $800,000.

 

A Comprehensive, Purpose-Built Solution

CollBox combines AI-enhanced automation with personalized outreach from professionals trained in accounts receivable. The platform is designed to preserve client relationships while improving financial performance.

 

Key capabilities include:

 

  • Fast, low-lift onboarding—firms can typically go live within one week
  • Seamless integrations with Clio, MyCase, Smokeball, and QuickBooks Online
  • Automated identification of past-due accounts and intelligent follow-up cadences
  • Transparent tracking and reporting for attorneys and staff
  • Options for one-time “clean-up” projects or ongoing monthly support
  • A flat-fee approach where the firm always keeps 100% of payments

 

Firms working with CollBox typically see payments collected 40% faster than with traditional processes, at just one-sixth the cost of hiring in-house staff for collections management.

 

Supporting Law Firms Where It Matters

“Reaching $100 million recovered is more than a milestone – it’s a reflection of the trust firms have placed in us,” said Matt Darner, Co-Founder and Vice President of Business Development at CollBox. “Our goal has always been to help law firms get paid for the work they’ve already done, without compromising the client experience and this milestone is evidence that our approach for law firms works.”

As law firms continue to face economic pressures and operational complexity, CollBox remains committed to developing technology-driven solutions with a human touch that help legal professionals focus on what they do best: practicing law.

 

About CollBox

CollBox is an accounts receivable management solution for law firms that simplifies collections and improves cash flow. By combining smart automation, legal tech integrations, and expert human outreach, CollBox enables firms to recover more revenue—faster and with less administrative overhead.

 

For more information, visit www.collbox.co.

 

Media Contact:

Matt Darner

Co-Founder, CollBox

matt@collbox.co