The KPI you need to measure cash flow improvement

Cash Flow Improvement KPI

The Critical Cash Flow Improvement KPI Poor cash flow will generally arise from one of two issues, or a combination of both. These are: 1) The length of time from matter commencement till payment being too long; OR 2) Low profitability Practice owners will often talk about cash flow being poor, whereas the problem is really that the firm is […]

How One Smaller Law Firm Dramatically Improved Cash Flow

Improved cash flow

Using Legal Practice Management Strategies for Improved Cash Flow I was talking with a principal of a Melbourne legal practice today and he told me about a number of legal practice management strategies that he has adopted that have dramatically improved cash flow his small legal practice . The strategies all came from the recent “Success Secrets of a Successful Small  […]

Is poor law firm cash flow ruining your enjoyment of practicing law?

Poor Law Firm Cash Flow – Strategies for Improving Cash flow in Small Legal Practices The results of our 2011 survey of small legal practices listed poor law firm cash flow as the number one concern of principals of practices. Fortunately there are plenty of strategies that you can adopt to quickly improve cash flow in your practice. While it […]

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Small Law Firm Blog

How to price legal services to attract high quality referrals? This is part five of a series on the top five concerns lawyers have about getting referrals. To recap, I have just concluded a survey of small law firms where I asked then what their biggest concerns were in regard to getting referrals from people within their professional network. From […]

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Testimonials

Colin has a good understanding of the realities of rural and regional legal practices and his presentation makes real sense, encouraging practitioners who are ready for it, to get the best out of their businesses. Louise Dix- Higgins & Dix Lawyers- Laurieton NSW

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