Event Date/Time: Oct 27, 2010
Since the credit crunch, the relationship between law firms and their banks has changed beyond recognition. While law firms used to be considered a â€˜good riskâ€™, firms of all sizes now require far greater borrowings to fund their business, and risk profiles have changed accordingly. Banks now exert more influence over their law firm clients, and this trend is likely to continue as the upturn and potential market consolidation stretch balance sheets yet further. In this climate, understanding the bankâ€™s requirements will pay great dividends in achieving advantageous funding relationships.