How to Write Off Bad Debt at Your Law Firm: A Step-by-Step Guide to Handling Uncollectible Invoices in 2026

Writing off uncollectible invoices the wrong way distorts your revenue, realization rate, and tax position. This step-by-step guide covers when to write off bad debt, how to book it with correct debits and credits, and how to prevent uncollectible balances in the first place.