Participation in the AMICUS CAPITAL SERVICES financing program increases profitability by providing a number of significant benefits for the law firm, as well
as for its clients. The Themis program is custom tailored to meet the unique needs of trial lawyers, maximizing the potential for larger settlements and allowing firms
to reach an optimal rate of growth while remaining financially secure. The financing program offered by AMICUS CAPITAL SERVICES:
- Eliminates financial worries by providing a secure source of funds allowing the firm to have sufficient resources to fully develop each case in accordance with it’s merits.
- Facilitates the employment of superior experts, investigators, and the development of the highest quality demonstrative evidence, thereby enhancing the probability of
achieving a successful resolution of each case.
- Provides staying power against financially powerful opponents because no principle payments are due on any case until it has reached it initial resolution.
- Produces immediate cash by allowing participating firms to recapture the majority of funds already invested in case development costs.
- Meets future needs for investment in case development costs, allowing the firm to complete existing cases while constantly adding to its inventory of new cases.
- Provides interest-free financing for cases won by the firm because the stat ethics code allows for interest expense incurred under the Amicus program to be
recovered as a reimbursable cost of litigation.
- Promotes growth, as capital resources currently tied up in case development costs can be used to increase the firm’s capacity to take on additional cases.
- Reduces the need to refer cases to other attorneys by insuring the availability of adequate financial resources to invest in larger cases with the potential for
higher settlements.
- Allows litigation to progress more quickly because there will be enough funding available to avoid the necessity of delaying investment in case development until
other cases have settled.
- Eliminates the negative tax effects caused by taxation of phantom income, as the firm’s revenue need not be reinvested in nondeductible advances for client costs.
- Protects against ultimate losses through the establishment of a reserve fund providing comfort in an increasingly uncertain market.
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