Trainer: Lisa Dixon
This is a one day workshop for all levels of legal finance professionals and solicitors who have an interest in improving their firm's credit control function and cash-flow management.
We will consider working capital and the whole credit control function; looking at the strategic aspects such as what should be included in a firm’s credit policy down to the more transactional level detail such as template letters and bills.
Topics covered include:
- Why a firm needs a credit policy and how to create one
- Where the credit cycle begins in a solicitors practice
- Work in Progress (WIP) and the billing process
- Credit checks and scoring your clients
- Credit control procedures and collection techniques
- Reporting and how to calculate debtor days
- Debt recovery procedures and legal proceedings
- Practical exercises and hints and tips for best practice throughout the day
6 CPD points can be claimed and lunch is included.
"The Credit Management Training provided by ILFM is essential knowledge for all Finance Directors and Credit Managers keen to maximise the cashflow generated within their firm". Credit Management Training June 16
"Nice, small, informal gathering at my course which made it easier and more comfortable to discuss experiences with the other attendees". Credit Management Training June 16
Cancellation requests must be in writing. A full refund of the delegate payment (100%) will be given for notice of 42 days or more; less an administration fee of £35. A half refund (50%) will be given for notice of between 41 and 22 days; less an administration fee of £35. No refund (0%) for 21 days or less.
Transfer or Substitution requests must be in writing. You may transfer, at no charge, on to another ILFM training, or substitute for another person. An additional payment may be necessary if the substitute is not eligible for the same discounts as the original delegate. No refund will be given should the delegate fee be less than the original delegate fee.
Please note that trainings/events are subject to cancellation, at any time, if there are insufficient numbers. In this case we will refund 100% of the fee, or allow a free transfer. In the event of a cancellation at any time by the ILFM, for whatever reason, liability will be limited to a refund of any delegate fee paid.
The ILFM accepts no responsibility or liability for any injury, illness or otherwise which may be attributable to the facilities or services provided at any venue.
Where can I contact the organiser with any questions?
Please contact the ILFM office on 020 8302 2867, or by email to email@example.com
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When & Where
The Institute of Legal Finance and Management
ILFM the UK's leading authority, membership body, qualification & training provider for legal finance, administration & practice management professionals.
NO DEBIT OR CREDIT CARD?
If you do not have access to a Credit or Debit Card, please contact firstname.lastname@example.org or phone the office, 020 8302 2867, and we will assist you to make your booking.
Please note we do not charge an extra fee for Card bookings.