Categories:East Midlands

Freeth Cartwright remains optimistic about debt levels

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Readers' comments (17)

  • they don't seem 2 have heard of KPI's, unless they think they are nuts they have with their cocktails

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  • To the above comment by Alexander.
    It does matter how good the firm is, if the work has dried up then the debt is no longer servicable.
    It's a matter of economic not the quality of the firm.
    Now that cuts are going to be made, money is going to be withdrawn from the economy so the chance of gaining work is diminished.

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  • I knew things were looking bad last year when I saw the partners in the corporate dept wearing polyester suits.

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  • The all singing all dancing Freeths Corporate partner has been decked out in polyester suits for years.

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  • Contrary to most of the views expressed on here, Freeths has been run, both on the day to day level and strategically, by accountants, not partners for a very long time, and they do it very well. As a former long-term employee I know from experience that the firm is highly focused on interim billing and cashflow, although as Peter suggests in the article it's impossible to eradicate lawyers' tendency to save a lot of their fees up for the year end.

    I have no doubt that Freeths' management is well up to the task of seeing it through the difficult period that almost all firms are currently experiencing. The worrying thing is that if the Lawyer is writing this sort of thing about Freeths, it is clearly missing a large number of less well-managed firms which are probably in far worse situations.

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  • The above comment is written by the PR team of Freeth Cartwright...

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  • I wonder if FC's accounts include the same warning this year?

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