ILFM: (Don’t) Lock-up your Cash
27th February 2024 at 10:00 am - Online
How much is 30 days’ cash worth to your firm?
Understanding your firm’s lock-up and cashflow is vital for good financial management and viability. This training provides clarity and guidance on how cash is generated in law firms, what lock-up is, and practical solutions on increasing your firm’s bank balance.
Who is it for?
Those in legal finance or law firm management, who require training on lock-up and cashflow management. This one-hour session is also perfect if you are new to your role in legal finance or require a refresher on the subject.
What will it cover?
- Why is cashflow and lock-up management important?
- Profit vs Cash
- How to calculate lock-up and the impact of reducing it
- Compliance requirements
- Practical solutions to improve cashflow into your firm
1 hour of CPD training applicable.Register