Fixing exchange rates allows firms to more accurately predict costs and gives better control over incoming and outgoing payments, explains Natalie Adams
Recognising the importance of client retention, law firms have begun to embrace more client-centric strategies since the recession. Technology has been effective in helping to underpin best practice, particularly when it comes to international payments. Recognising the unique external challenges that today’s law firm’s face such as increased currency volatility, Travelex Global Business Payments has built the first law firm-specific online payment system.
