Tag Archives: plaintiff loans

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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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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Plaintiff Lawyers – Manage your business as well as you manage your cases.

Most trial lawyers should consider bringing in business expertise as their time is best spent litigating cases. You may be at a level that requires a full time CFO or just a part-time off-site CFO to manage your firm’s financial growth and cash flow management. You always hire experts to advise and help maximize your clients cases why not afford yourself the same benefit. Sometimes all you need is an expert to use as a sounding board as you deal with the challenges of an unstable market while other times you will may need outside expertise to guide your firm to the next level. Why waste your time and valuable resources on inefficient or nonexistent management? Challenge yourself, your firm to be a strong business first and power your practice to the next level. Continue reading

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Lawyers can Receive the Benefit of Leverage

If you use the profits from your cases — your own money — to finance your next case, you’re using after-tax dollars. Continue reading

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Focused solely on winning the case, don’t forget the business side of contingent litigation

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 that optimizes the availability of capital. Continue reading

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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. Continue reading

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