Articles on Preparing for Financing

    5 Steps to Securing Capital for Your Contingent-Fee Firm

    By | on 02, Aug 2021 |   Preparing for Financing

    You may be wondering—what is the process for getting a loan or credit line for my contingent fee law firm? Having a stable source of capital is imperative in order to keep your firm operating to its g[...] Read More

    How to Improve Your Firm’s Credit

    By | on 26, Nov 2018 |   Preparing for Financing

    A line of credit can create a huge opportunity for your law firm, providing you with extra capital whenever you need it for growth, operations or other expenses as they arise. However, before you’ll r[...] Read More

    Due Diligence: What is it and what to expect?

    By | on 01, Oct 2018 |   Preparing for Financing

    Making the decision to obtain financing—a line of credit, term loan, non-recourse advance, or some variation thereof—is a big step for most plaintiff attorneys.) Often the determination isn’t made on [...] Read More

    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

    Whose budget is it anyway?

    By | on 18, Jun 2018 |   Preparing for Financing

    President George W. Bush once famously said, “It’s clearly a budget. It’s got a lot of numbers in it.” For many of us, that sentiment aptly expresses a certain apprehension and even the disdain we fee[...] Read More

    What do lenders look for in potential law firm clients?

    By | on 11, Jun 2018 |   Preparing for Financing

    As a law firm owner, you know what’s best when it comes to business support for your practice. Over the course of managing your firm, you may seek out new staff, an accounting professional during tax [...] Read More

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