Photo: Diego M. Radzinschi/ALM Clifford Chance Partners React to the Firm's New Bill-Focused Accounting Model
The firm's decision to move to a more cash accounting-focused financial model last year has put bill payments higher up partners' agendas.
June 11, 2021 at 10:00 AM
4 minute read
Law Firm Profitability
Clifford Chance partners say that the firm's recent decision to move to a more cash accounting-focused financial model is having a "positive effect" on the firm – but add that the firm has a long way to go to catch up to the efficiencies of its U.S. rivals.
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