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Unlock faster cashflow for your law firm: Streamline payments and reduce debtor days

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Author

Yana Georgieva
Yana Georgieva
,
Principal Solutions Engineer

Table of Contents

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Timesstamps

00:00 — Introduction: why law firms struggle with cash flow

03:00 — The 16.3-hour payment benchmark vs the 90-day industry average

07:00 — Unlocking cash faster with flexible payment options

11:00 — Reducing debtor days and building predictable cash collection

15:00 — Automating payment reminders and reconciliation

18:00 — Live demo and Q&A

Key Takeaways

  • Law firms using Legl typically receive payment within 16.3 hours of issuing a request — compared to the 90-day industry average — transforming cash flow predictability.
  • Offering flexible digital payment options removes friction for clients and dramatically accelerates collection times.
  • Automating payment reminders and reconciliation eliminates hours of manual admin each week, freeing up finance teams and fee earners to focus on higher-value work.