Lawyer management consulting re banking

Tom Collins discusses an important issue concerning law firm creditworthinesss, law firm culture.

Citing a CitiBank report, culture of a law firm is an important consideration in granting credit. This is consitent with one of the 4 C’s cited in our latest Special Report, The Successful Lawyer-Banker Relationship.

Tom also discusses the reason for partner defection. He suggests that it is not over money, but rather over the lack of law firm planning and business direction. An interesting thought.

Categorized in: Cash Flow - Finances