(Photo: Shutterstock) Law Firms Scramble for Cash and Banks' Phones Are Ringing Off the Hook
The many conversations happening now between law firms and their lenders may be easier this time around than in the Great Recession, but partners may be increasingly on the hook.
April 20, 2020 at 05:30 AM
8 minute read
For an industry so reliant on cash flow and unlikely to keep most of it on hand, the coronavirus' economic impact has sent many firms scrambling for ways to preserve their access to cash.
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