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Don’t forget payday

How much you expect to receive for a specific piece of work or service depends on negotiation between you and those who are paying. Ensuring you get the cheque is another matter, says Michael R. Young.

Payday-coinsYour terms of business should always make it clear to solicitors when you expect to be paid.

The majority of firms are very good at paying their experts on time, but some do need a gentle reminder by way of a phone call along the lines of: ‘I am expecting a cheque but it hasn’t arrived yet. I was wondering if it might have got lost in the post.’

It’s amazing how many of these cheques arrive the following day.

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