Author Archives: Bill Tilley

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.

Year End Cash Flow Planning

Structuring fees allows attorneys paid on a contingent-fee basis to recognize taxable income as they receive their periodic payments. The entire fee can be used to purchase periodic payments with pre-tax dollars, providing a greater initial investment and potentially reducing their overall tax burden.
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Pre-Settlement Attorney Loan and Post-Settlement Attorney Fee Funding Market?

The larger market, which provides loans and revolving lines of credit to law firms with a broad portfolio of cases that are in various stages of litigation, most of which are not yet settled. The smaller market, being post-settlements, where … Continue reading

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Trial law firms can accelerate cash flow

Successful trial attorneys focus on winning their cases – which is how it should be. But too often, this focus on the meat of their work leads them to overlook an important business task: managing their money in a way … Continue reading

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Alternative Litigation Finance in the U.S.: Where Are We and Where Are We Headed with Practice and Policy?

Great event that anyone involved or interested in the legal finance industry should attend. The RAND Institute for Civil Justice recently launched a research initiative to analyze and explore the convergence of law, finance, and capital markets in the United … Continue reading

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Why We Need Trial Lawyers

Mark Robinson and Kevin Calcagnie have written a very powerful Op-Ed piece published in the Wall Street Journal. It is a fantastic piece and I think everyone should take the time to read. Why We Need Trial Lawyers The alleged … Continue reading

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What is Post Settlement Funding?

Post settlement funding is when one purchases an assignment of the right to receive an assigned portion of the settlement proceeds in return for providing immediate receipt of settlement funds. Continue reading

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Benefits of Working with a Finance Company that Specializes in Contingent Litigation

Law firms avail themselves of a secure source of funds that provides not only for future case development costs, but also for the recovery of monies already advanced on behalf of their clients. In the typical credit facility agreement, participating firms will be able to recover up to 100% of the amount of their case development costs in immediately available cash. The typical program produces many benefits for participating firms. Continue reading

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