Credit: Feodora/Adobe Stock Law Firms See Payment Delays Amid Challenging Collection Season
If it used to take 30 days for a payment, it's now taking 60; if it used to take 60 days, it's taking 90, said Citi's Gretta Rusanow.
November 29, 2022 at 05:00 AM
4 minute read
Law Firm Client Relationships
The original version of this story was published on The American Lawyer
Law firm collections will be more challenging this year for some, due to stalled M&A deals and corporate clients taking longer to pay bills.
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