Motivated by recent optical measurements on a number of strongly correlated electron systems, we revisit the dependence of the conductivity of a Fermi liquid, σ(Ω, T ), on the frequency Ω and temperature T . Using the Kubo formalism and taking full account of vertex corrections, we show that the Fermi liquid form Reσ −1 (Ω, T ) ∝ Ω 2 + 4π 2 T 2 holds under very general conditions, namely in any dimensionality above one, for a Fermi surface of an arbitrary shape (but away from nesting and van Hove singularities), and to any order in the electron-electron interaction. We also show that the scaling form of Reσ −1 (Ω, T ) is determined by the analytic properties of the conductivity along the Matsubara axis. If a system contains not only itinerant electrons but also localized degrees of freedom which scatter electrons elastically, e.g., magnetic moments or resonant levels, the scaling form changes to Reσ −1 (Ω, T ) ∝ Ω 2 + bπ 2 T 2 , with 1 ≤ b < ∞. For purely elastic scattering, b = 1. Our analysis implies that the value of b ≈ 1, reported for URu2Si2 and some rare-earth based doped Mott insulators, indicates that the optical conductivity in these materials is controlled by an elastic scattering mechanism, whereas the values of b ≈ 2.3 and b ≈ 5.6, reported for underdoped cuprates and organics, correspondingly, imply that both elastic and inelastic mechanisms contribute to the optical conductivity.