ArticlesManaging cash flow and funding a contingent law practice For a law firm that practices contingent litigation managing cash flow is vitally important. Sadly managing ones cash flow is an afterthought for most trial lawyers. Cash flow is very sporadic as they only get paid when cases are successfully concluded... How to pay for expanding your firm There are a few options for expanding your firm: Paying with the firm’s current net cash flow, borrowing from a traditional bank, and referring business to other attorneys. Click the link below for pros and cons for each... Firms Make Case for Legal Loans It’s boom times for betting on lawsuit winnings. That means growth for a small, specialized industry of lenders that provide lawyers with lines of credit based on projected verdicts or the future settlement value of their ongoing cases... |
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