Despite a recent report that Pennsylvania-based law firms have seen collections cycles shorten, several large law firm leaders in the region say they have not been immune to the industrywide lag in client payments.

A survey covering the first three quarters of 2019, released last month by Citi Private Bank’s Law Firm Group, said the collections cycle continued to lengthen nationally—by 1.5% in the first nine months—but Pennsylvania firms saw the collections cycle shorten by 4.6% in the same period.

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