You are here

Filter content

Bloomsburry Family law

Finance

They think it’s all over...

In most cases, the sending of the invoice will mark the end of a job well done. However, what happens when the debtors don’t pay? In law firms where a large number of lawyers are regularly billing time, an increasing level of debt can easily be lost under a whole pile of unpaid bills, which can ultimately lead to a serious loss of profit. Claire Turner, a solicitor with Bevan Ashford, highlights the steps that can be taken and the legal pitfalls of recovering debts both in the UK and abroad.

Berrymans makes a profit despite turnover dip

Berrymans Lace Mawer has increased average profits per partner by 15 per cent, from £122,000 to £144,000. This is despite a drop in turnover of 11 per cent from £33 million to £29.5 million.

Pages