A plaintiffs' law firm can be a tough business to operate. Not only are you in competition with the local plaintiffs' trial attorneys in your area for cases, you are also fighting off huge law firms with big reputations for some of those same cases....
Most people think of banks or credit unions when it comes to financing operations for their business and plaintiffs' lawyers are no different. In the best case scenario, banks will evaluate an application and after doing their due diligence they will issue a decision to...
Legal finance is a new industry that has gained prominence over the years because of its future capabilities and the current industry that it services most people aren't aware of is a needed asset. Since in its emergence in the early 1990s in the United...
The legal funding industry colloquially known as the litigation funding industry is taking off globally. Fully developed industrues are operational in places like Australia, New Zealand, and the United Kingdom. The United States of America’s legal funding industry continues to evolve. Other countries in Europe...
Litigation can be very expensive for plaintiffs’ attorneys. Once the decision is made to proceed with a lawsuit, the attorney can be looking at thousands of dollars in expenses just to start the litigation. Travel costs, depositions, filing documents, Pacer fees, Lexis Nexis fees, are...
Litigation funding has been the topic of several articles lately but instead of providing clarity, those articles have created confusion. All of those articles involve pre-settlement funders. These are companies that invest in a plaintiff’s case before the case has been resolved. They provide funds to...
Over the last few years, the media has reported many claims of gender and race discrimination against well-known companies. Uber, in particular, faced well-publicized claims of sexual harassment just last year. The allegations also exposed a company culture that was sexist and discriminatory. Now a...
Sex abuse claims against the Catholic Church are continuing around the country. Many of these cases are difficult to litigate because the abuse occurred years ago. In a recent case involving the Buffalo Diocese, the abuse dated back almost 40 years. Under the current law in...
There are many companies offering to provide post-settlement funding to law firms, but they aren’t created equally. Lawyers need to do their due diligence and make sure they are working with a reputable company. In addition to asking specific questions about the company’s experience and...
How much money do you need to run your practice? Where will it come from? A cash flow budget is a useful tool to help avoid short-term shortages of money. It is an estimate of all cash receipts and all cash expenditures that are expected...