Retirement Solutions Unique to Contingent Lawyers

Many trial attorneys have a huge personal net worth — but are unable to use their money, because they continually use it as capital to fund their cases. When the litigation ends and they receive their fees, they are forced to take that money and put it right back into another case. Without the ability to touch that capital, some attorneys who are wealthy “on paper” are, ironically, unable to make one of the most important investments of their lifetimes — retirement savings.  If you’re trapped in a cycle of financing cases or other business expenses with profits from a previous case, it makes sense to utilize leverage to free up your capital for a sensible investment in your future. Interest in some instances may be claimed as case expenses, making the borrowing effectively interest-free. With your improved cash flow you can begin to consider the option of attorney fee structures.

About Bill Tilley

Bill Tilley, President and Chief Executive Officer – Bill Tilley is the President and CEO of Amicus Capital Services LLC and is responsible for managing day to day operations, marketing, originations and client relations. In addition Mr. Tilley serves on the credit committee along with the three other members. For the past ten years Mr. Tilley has been devoted to creating and then fine-tuning the legal finance industry. Mr. Tilley joined Themis Capital in 1999, launching the legal finance industry in California. Within two years California became the largest market for legal loans. Mr. Tilley was instrumental in growing Themis from $12 million in loans upon his arrival to more than $135 million in less than 4 years. After successfully winding down the Themis portfolio in 2004, Mr. Tilley became the largest broker of legal financial services while consulting exclusively for Counsel Financial Services through 2006. He continued his devotion to creating a full service financial services company that caters exclusively to the legal community leading to the launch of Amicus Capital Services, LLC in early 2007. In 2008 Mr. Tilley expanded Amicus’ financial offerings to include structured settlement/ fee products as well as financial advisory services. Mr. Tilley has personally originated more than $100 million in attorney loans and has participated in the origination of more than $200 million. Mr. Tilley counts several of the most successful plaintiff attorneys in the country as personal friends and has developed a network that includes thousands of invaluable industry contacts. As an expert on legal finance Mr. Tilley has spoken numerous times at attorney conferences throughout the country. In addition Mr. Tilley was recognized on Public Justices wall of honor for his efforts in promoting the non-profit public interest association.
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