Case study
UK Law firm
How a London law firm compressed lock-up by 40 days and recovered £180K+ in aged debt.
40 days
Lock-up reduction
£180K+
Recovered for clients
Ongoing
Retained partnership
Like many professional services firms, they had the revenue on paper but the cash wasn't following. Aged receivables were growing, lock-up periods were stretching, and the partners were spending time chasing payments instead of practising law.
The client
The problem
UK Law firm faced three connected issues:
Aged debt accumulation. Invoices were ageing without a structured chasing process. No one owned the follow-up.
Extended lock-up. The gap between doing the work and collecting payment had grown to the point where cash flow was under pressure.
Senior time misallocated. Partners and senior staff were doing credit control work instead of billable legal work.
What C&A delivered
C&A was brought in to take over the entire credit control and debt recovery function:
Structured chasing schedule across the entire aged debt book
Dispute identification and resolution management
Weekly reporting on cash collected, aged balances, and escalation status
All communication under our Partners' brand
Ongoing bookkeeping and financial management support
The result
Within months, lock-up compressed by 40 days. Over £180K in previously stuck receivables was recovered. Partners went back to practising law. The firm retained C&A on an ongoing basis because the numbers spoke for themselves.
