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

A Collaborative Educational Blog Series  

 

 

LAW FIRM FINANCING

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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

Decoding the Code: How Tax Reform May Impact Your Contingent Fee Practice

By | on 30, Jul 2018 |   What to Expect Post-Closing

The Tax Cuts and Jobs Act (the “Act”) reformed the tax code with the aim of bolstering the American economy by, among other things, lowering the corporate rate.  Read More

Is it all about the money? How cheap financing can harm your firm

By | on 23, Jul 2018 |   Selecting the Right Source

Everyone knows that when shopping around--price matters. But you don’t buy a car, house or even a phone based on price only because there are features beyond the cost of a good, product or service tha[...] Read More

You closed on a law firm line of credit—now what?

By | on 16, Jul 2018 |   What to Expect Post-Closing

Once you’ve decided it’s time to get financing for your firm, there are many things that you need to take into consideration, including the type of lender (e.g. a specialty finance company versus a ba[...] Read More

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