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

Are you tired of waiting weeks to get paid? Law firms using Legl typically receive payment within 16.3 hours of issuing a payment request, vs. the 90 day industry average. This session hosted by Yana Georgieva, Principal Solutions Engineer at Legl, is designed for law firm finance leaders, operations teams, and fee-earners - anyone looking to unlock cashflow and optimise payment processes. Don't miss out on this valuable insight into improving your firm's financial efficiency!

Time stamps

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.

Speakers

Yana Georgieva

Principal Solutions Engineer

Previously recorded on 2025-02-12 - Now on-demand

20 min

Mins