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Firms Facing Tougher Loan Terms

Law firms needing extra capital from banks to weather the rough economy are finding that the times -- and the terms -- have changed. Many law firms are seeing a slowdown in work and a lengthening in their client payment cycles. At the same time, banks that provide lending to law firms to help cover their revenue gaps and fund bigger project...

Continue to Firms Facing Tougher Loan Terms on Law.com - Business Law Practice Center.

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