Healthy investments in high quality expert assessments are the lifeblood of a personal injury law firm, playing a vital role in attaining full and fair settlement results for accident victims.
These investments are also typically the largest part of a firm’s overall disbursements, posing a challenge from a cash flow perspective. To alleviate this burden, lawyers often seek deferred payment arrangements from their experts. This cash flow solution for the law firm now becomes an accounts receivable problem for the experts.