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graphs and reports

Steps in Sync

The current crisis is having a very different effect across the sector.

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Evasive Action

One of the key benefits of preparing considered cash flow forecasts is that we are able to identify potential problems in advance-hopefully well in advance-certainly early enough to take some form of evasive action.

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Pipeline diagram

Forecasting cash outflows

Cash flow forecasts fall into two parts-inflows and outflows. Except in situations where the fee earners are remunerated on an Eat What You Kill basis, the inflows and outflows are subject to separate influences, so they can be forecasted independently.

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3d graph

Breaking the Link

Lawyers are obsessed with measuring profit. Over an extended period profit and cash flow are related, but our workshop feedback shows that many lawyers do not fully understand the link between the two.

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Forecasting cash flows (medium-term)

Many firms have had to forecast their cash flows in order to understand their financing needs in the coming year and often to substantiate their application for CBILS loan.

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The Misery Index

When the COVID 19 Crisis struck the Chancellor acted very quickly to help affected businesses and employees with the CJRS Furlough and a range of Government backed loans.

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