Credit Control for Law Firms.

Effective credit control for law firms is crucial for maintaining healthy cash flow. Many clients may not pay until reminded, but chasing outstanding debts is a time-consuming process that eats away at the fee-earning hours your law firm could spend more productively.

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Improve your bad debts and cash flow.

Credit Control for Law Firms Effective credit control for law firms is crucial for maintaining healthy cash flow. Many clients may not pay until reminded, but chasing outstanding debts is a time-consuming process that eats away at the fee-earning hours your law firm could spend more productively.
Credit control processes and procedures need to be more efficient than ever.

The benefits of outsourced credit control for law firms.

With credit control becoming an increasing challenge for law firms, recent economic pressures have only made it more difficult to maintain cash flow. To ensure timely payments, especially from clients facing financial difficulties, law firms must refine their credit control processes. Our expert credit control solutions help reduce outstanding fees while protecting your firm’s reputation and strengthening client relationships.

Expert credit control for law firms.

Without effective credit control for law firms, maintaining a healthy cash flow and clear visibility on payment timelines can be challenging. Poor legal credit control can lead to financial strain, making it difficult to cover operational costs and manage supplier payments. We specialise in credit control solutions for law firms, ensuring that receivables are collected in line with your credit terms to optimise cash flow and keep your firm running smoothly.

Efficient, cost-effective, and hassle-free.

Outsourcing credit control for your law firm can be a cost-effective alternative to hiring an in-house credit controller. We provide expert credit control services tailored to the needs of law firms, ensuring efficient cash flow management without the overhead costs of additional staff. With our dedicated support, you only pay for the time required to manage outstanding invoices and maintain financial stability, helping your firm improve cash flow while reducing administrative burden.

Maximise cash flow, minimise stress.

With specialist expertise in credit control for law firms, we ensure efficient and professional management of your law firm’s outstanding invoices. Our tailored solutions reduce the burden of debt collection, allowing you to focus on growing your practice and delivering high-quality legal services.

Building better relationships.

Our expert legal cashiers specialise in legal finance and professional etiquette, seamlessly integrating with your firm as trusted team members. We prioritise client service excellence, offering tailored credit control solutions that align with your firm’s values and objectives to optimise cash flow management.

What to expect.

Credit Control for law firms.

With extensive experience in legal cashiering, our team is fully equipped to manage your firm’s financial needs. We implement proactive monthly credit control procedures, including customised letter templates, telephone follow-ups, and email alerts, to ensure timely client payments. Our tailored credit control services are designed specifically for law firms, helping them to optimise cash flow and reduce overdue invoices. Contact us today to discover how our credit control solutions can benefit your firm.

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In the intricate world of law firm operations, credit control is a vital yet often overlooked aspect. Despite its lack of glamour, its importance cannot be overstated. Effective credit control processes are essential for maintaining financial stability, ensuring prompt payments, and ultimately enhancing client satisfaction. This article delves into the pivotal role of credit control in law firms, covering areas such as financial stability, client satisfaction, compliance, cash flow management, and resource allocation.
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Helen Strachan

Burnett & Reid LLP

“When one of our cashiers left the firm in 2015, we made the decision that it might be the time to change the way we work and outsource part of our Cashroom function. We thought it would be a more efficient approach and it would take away some of the stress from our own management of ensuring we had Cashroom staff in the office each day. No need to worry about holiday cover or sickness cover anymore and ensuring that the transactions on our client ledgers are posted on a daily basis. We approached a couple of companies that offer this service and in the end decided to go with Your Cashier.”

“Over the last six years, we have had a consistent point of contact that feels like they are our own cashier. We easily set up a process with them that works for us and them and” the postings are done on a daily basis, with the client bank account being reconciled daily. They also assist us with setting up bank payments.”
“We have been very happy with the service that has been provided and I would certainly recommend giving Lynne a call if you are considering outsourcing your Cashroom function.”

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