Hypothetically, say your software biz did several tens of thousands of dollars for a well known Silicon Valley start-up with well documented and published VC funding. Everything was fine and approved, but suddenly the payments are late and out of sync with the terms of the contract. They literally owe you a sh1t ton of money.
Generally speaking, how long should you wait after accounts receivable notifies them of the infringement before you sick the lawyer on them?
Keep in mind that people at your biz have the code base to something that's featured on tech blogs. The fact that they would risk something like that probably means that they're close to being suicidal business-wise, or worse they're fvcking insolvent or some sh1t like that.
How long is too long to be polite after lapses in payments occur?