ILFM credit management seminar

This is a one day workshop for all levels of legal finance professionals and solicitors who have an interest in improving their firm’s credit control function and cash-flow management. We will consider working capital and the whole credit control function; looking at the strategic aspects such as what should be included in a firm’s credit policy down to the more transactional level detail such as template letters and bills.

Topics covered include:

  • Why a firm needs a credit policy and how to create one
  • Where the credit cycle begins in a solicitors practice
  • Work in Progress (WIP) and the billing process
  • Credit checks and scoring your clients
  • Credit control procedures and collection techniques
  • Reporting and how to calculate debtor days
  • Debt recovery procedures and legal proceedings
  • Practical exercises and hints and tips for best practice throughout the day

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Event Details

Date:27 October 2014
Time:9:00am - 4:30pm
Price:Members: £195. Non members: £295