Small Legal Practice

Home/Credit Management/Star Projects/Small Legal Practice
Small Legal Practice 2017-05-22T02:14:57+00:00

Results

  • After three months the 90d+ debtors reduced by over 72%.
  • Practical collection procedure created and managed offsite.[/fusion_li_item]
  • No client upset as all new procedures were carefully and gently introduced.[/fusion_li_item]
  • Firm able to safely plan cashflow now that unpaid invoices are followed up regularly.[/fusion_li_item]
  • Business Manager and Solicitors only involved when disputes or queries are raised while maintaining 100% control of which clients are followed up and which are not.[/fusion_li_item]


Original Situation

  • Small legal practice – one Principal + 3 solicitors.
  • Owner extremely conscious of retaining client goodwill..
  • Spasmodic collection efforts extremely UNsuccessful.
  • Ledger not large yet debts “blowing out”.
  • No working follow up system in place.