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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
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
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
Many firms believe that it is inefficient to borrow funds for case development costs when they can afford to make such advances out of pocket. However, such is not the case. Continue reading
Trial Attorneys are caught in an endless cycle of interest free loans to their clients. Worse yet they are using after tax dollars to fund these interest free loans. Continue reading
While the economy is in the midst of a recession Trial Lawyers are entering a sort of golden age. Statistically contingent fee lawyers have flourished during down times in our economy. During boom times juries are less sympathetic to the injured or wronged as they are feeling good and have sort of a get over it attitude and are less likely to award large awards. Continue reading