Legal cash flow

The average period  between the issuing of a bill and payment from the client is now 94 days.

These are the figures from research on legal practices from finance provider LDF, based on an analysis of 321 firms.

This could seriously affect the cash flow of many smaller firms, especially at a time when there are other pressures on business from increased competition, the impact of recent regulatory changes and squeezed margins.

This is without factoring in legal aid cutbacks and changes to CFA cases.

These problems are revealed on the back of the latest figures from Legal Business magazine, which reports that more than 1,000 solicitors in the UK earn £1 million or more.

So, if you are in the former category rather than the latter and need some help with your finances, give us a call on 0845 260 0101.

Back to all news
Get in touch
Thank you for your getting in touch with us, a member of our team will be in touch shortly.
Something went wrong while submitting the form, please get in touch with us using the phone number above to deal with your enquiry.
Operating nationwide throughout the UK

At Frost Group, we want to make things as easy as possible for you. That is why, if you can’t come to us, we’ll come to you. We operate face to face, nationwide meetings, wherever is most convenient for you.


Clockwise, Old Town Hall
30 Tweedy Road
Bromley BR1 3FE


Court House,
Old Police Station South Street,
Ashby de la Zouch LE65 1BR


86-90 Paul Street

Proud members of

Authorised by

Frost Group Limited is authorised by the Financial Conduct Authority. Authorisation number 669247.