Finance Corner: A Guide for Plaintiffs' Attorneys and their Clients 

A Collaborative Educational Blog Series  

 

 

LAW FIRM FINANCING

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The Pay Out: How Long will it Take to Get Funding?

By | on 17, Sep 2018 |   Preparing for Financing

You want working capital to cover case expenses, employee salaries, taxes, advertising or other needs of your firm, but getting financing can take time—time you don’t necessarily have. Those few funde[...] Read More

4 Benefits of Choosing a Lender With Experienced Attorneys On Staff

By | on 10, Sep 2018 |   Selecting the Right Source

If you’re contemplating financing for your law practice with a bank or third-party litigation funder, you should consider whether, and to what extent, they truly understand your legal practice. Read More

A Revolving Credit Line: Why it’s Better Than a Term Loan

By | on 27, Aug 2018 |   Exploring My Choices

Broadly speaking, a revolving line of credit is similar to a term loan—a lender advances your firm funds that you can use to finance expansion or to even out irregular cash flow. However, there are so[...] Read More

The Cost of Success: How to Overcome the Financial Hurdles of Starting Your Own Firm

By | on 21, Aug 2018 |   Why Finance?

You took a bold step to hang your own shingle and then jumped with both feet into the tumultuous arena of a plaintiffs’ law practice. While it took an investment of three years in law school and the p[...] Read More

How to Pivot When Your Firm’s Financial Needs Change Quickly

By | on 13, Aug 2018 |   What to Expect Post-Closing

The purpose of securing financing for your firm is to enhance the performance of your law practice—whether to improve its financial stability, increase business opportunities or accelerate growth. Sti[...] Read More

Quick Tips to Help Your Contingent Fee Practice Stay on Budget

By | on 06, Aug 2018 |   What to Expect Post-Closing

Just like your personal budget, it goes without saying that a law firm budget is only as good as it is realistic and achievable. With a contingent fee practice, however, it’s challenging to predict wo[...] Read More

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