Mastering Law Firm Cash Flow: A Guide for Attorneys
Law firm cash flow is the timing of money moving in and out of your firm, and it rarely matches what your P&L says you earned. Most firms feel cash tight because of long lockup, slow billing, and weak controls, not because the firm is unhealthy. This guide breaks down what cash flow really is, where it leaks, the metrics worth tracking, and the levers that fix the trendline before payroll becomes the problem.