Keep your eye on the prize

Marg Bruineman included my comments in her excellent article, “Keep your eye on the prize”, published in Canadian Lawyer I magazine. The article discusses cash flow issues facing Canadian law firms today. My comments focus on suggestions for increasing cash flow using various bad debts prevention controls, including retainers, credit checks and credit limit systems.

Author: Colin Cameron

Founder of Profits for Partners, Management Consulting Inc. We provide strategic profit-focused advice to professional service firms based on 25 years of executive management and consulting experience. I am a management consultant, chartered accountant and former COO of a major Vancouver, BC law firm. My specialties are profitability improvement, strategic planning, firm governance, partner compensation, financial management and operations management.

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