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Featured Insights

Growth

Avoiding the Number One Mistake When Growing Your Firm: Sunk Costs

When your money is tied up in case costs, it becomes a sunk cost. Financing case costs is a smart approach to growing your law firm. Watch this video featuring Kevin Danesh, managing partner at BD&J.

Finance

Law Firm CFOs: Why and When Plaintiffs Law Firms Need One

As many owners of successful contingency fee law firms soon discover, law firm CFOs are vital to the future growth and success of firms. Watch this video about why law firm CFOs are important and when a firm should consider adding a CFO, featuring Tim McKey.

Intake

Assessing Law Firm Growth: Discerning the Signs

Assessing law firm growth can be challenging. Knowing how to recognize growth pains and discern when it’s time to build out the operations of a law firm is key. Watch this video featuring Tim McKey, CEO at Vista Consulting.

Technology

Embracing Law Firm Technology: Your Greatest Competitive Advantage

In today's competitive landscape, attorneys need to embrace law firm technology. Firms that don't keep pace will risk becoming obsolete. Watch the 3-minute video to learn more.

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In this eBook, you’ll discover five key areas of strategic focus and actionable best practices across law firm business workflow.

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growth

growth

Harnessing the Power of KPIs in Your Plaintiff Law Firm

Key Performance Indicators (KPIs) are essential tools for measuring progress and success. Learn how to harness the power of KPIs for your plaintiffs law firm. Watch this video featuring Tim McKey, CEO of Vista Consulting.

growth

Challenges of Running Your Law Firm as a Business

Running a law firm as a business and acting as trial lawyer is both challenging and stressful. Watch this video to learn how firm owners are meeting this challenge.

growth

Effective Law Firm COOs: The Five Key Attributes

What do effective law firm COOs look like? Learn about the five key attributes of COOs and how they help streamline a firm's operations, featuring insights from Mary Ellen Murrah, operations consultant from Vista Consulting.

finance

finance

Law Firm COOs: Essential to Running Your Firm’s Operations

Law firm COOs ensure all the processes of a law firm are running smoothly, and, they enable owners to focus on vision and growth. Watch this video featuring Tim McKey, CEO of Vista Consulting, and Mary Ellen Murrah, Operations Consultant at Vista Consulting.

finance

Five Essential Attributes of Great Law Firm CFOs

A law firm CFO can be the difference between success and failure. In this blog, we discuss the five essential attributes of great law firm CFOs, featuring insights from Tim McKey, CEO of Vista Consulting.

finance

Law Firm CFOs: Why and When Plaintiffs Law Firms Need One

As many owners of successful contingency fee law firms soon discover, law firm CFOs are vital to the future growth and success of firms. Watch this video about why law firm CFOs are important and when a firm should consider adding a CFO, featuring Tim McKey.

marketing

marketing

Leveraging Debt to Invest in Marketing for Growth

While many law firm owners use debt to pay for case costs, few leverage a Case Cost Line of Credit to invest in marketing for growth. Read this blog to get insights into the typical lending options for plaintiffs law firms and how to leverage debt for law firm growth.

marketing

Building a Successful Brand: Investing in Marketing & Brand Building

In the world of legal services, brands aren't built overnight. Consistent messaging and steadily investing marketing dollars in your business are key to brand longevity.

marketing

Law Firm Growth Strategies: How to Deal with Negative Google Reviews

When it comes to law firm growth strategies, many firms don't have a streamlined process for soliciting and managing online reviews. Nor do they consider the implications negative reviews may have on case intake.

technology

technology

Embracing Law Firm Technology: Your Greatest Competitive Advantage

In today's competitive landscape, attorneys need to embrace law firm technology. Firms that don't keep pace will risk becoming obsolete. Watch the 3-minute video to learn more.

technology

Legal Technology: Forecasting Case Value, Outcomes and Firm Performance

Case timelines are often challenging, but legal technology can empower attorneys by forecasting case value, outcomes, and firm performance. Watch the 3-minute video.

technology

Case Management Systems: Informing Your Law Firm Business Strategy

Informing law firm business strategy through accurate data and performance insights is essential for effective case management systems. Watch the 3-minute video.

intake

intake

How to Measure Law Firm Case Intake Effectiveness: 3 Key Metrics

For contingency fee law firms, there are three key metrics to measure the effectiveness of your law firm case intake. Watch this video featuring Tim McKey, CEO of Vista Consulting for important insights.

intake

Assessing Law Firm Growth: Discerning the Signs

Assessing law firm growth can be challenging. Knowing how to recognize growth pains and discern when it’s time to build out the operations of a law firm is key. Watch this video featuring Tim McKey, CEO at Vista Consulting.

intake

Increasing Competition Makes the Effects of Losing a Potential Client Hit Law Firms Harder

Private equity is ready to attack the legal industry, mining it for high double-digit returns to satiate their investors.

accounting

accounting

How Attorneys Can Avoid the Phantom Income Trap: 3 Key Considerations

As contingency fee law firms prepare their 2022 tax returns, there are three key considerations for how attorneys can avoid the phantom income trap.

accounting

Structuring Your Attorney’s Fees is Part of Sound Financial Planning and Management

Structuring attorney's fees should be something to consider in your financial strategy as a way to protect cash flow for your firm in future years and support steady growth.

accounting

Prepare, Plan, and Proactively Manage Your Firm’s Finances for Success

As the market for legal representation heats up, learning how to utilize the ‘Three P’s’ of law firm finances is vital to achieving bold success.

Latest Videos

Marketing

Building a Successful Brand: Investing in Marketing & Brand Building

In the world of legal services, brands aren't built overnight. Consistent messaging and steadily investing marketing dollars in your business are key to brand longevity.

2 Minute Video
Intake

How to Measure Law Firm Case Intake Effectiveness: 3 Key Metrics

Growth

Challenges of Running Your Law Firm as a Business

Finance

Law Firm COOs: Essential to Running Your Firm’s Operations

Finance

Law Firm CFOs: Why and When Plaintiffs Law Firms Need One

Stories of Success

For Grewal Law, a family-owned Michigan law firm, leveraging flexible, financing solutions was the key to significant practice area expansion and an increase of 162% in revenue over two years.

Through Esquire Bank’s financing solutions, Grewal Law now had reliable, financing options for its personal injury and medical malpractice cases and could pursue new practice areas.

 

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Stories of Success

For Atlas Consumer Law, achieving exponential growth resulted from investing in enhancing its case intake and case management process and systems.

The catalyst – leveraging its contingent case inventory, the Illinois-based law firm invested in building a call center, streamlining its case acquisition process, and creating a highly-efficient remote office operation.

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Stories of Success

By investing in case resources through the financing solutions of Esquire Bank, Philadelphia-based personal injury law firm, Laffey, Bucci & Kent, has significantly increased operations contributing to growth and resulting in a 365% revenue increase over three years.

In Esquire Bank, Laffey, Bucci & Kent found a strategic partner that provided flexible financing solutions which enabled the law firm to better attain justice for every client and fuel the law firm’s growth through the pandemic and beyond.

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Stories of Success

Like many contingency fee law firms, Florida-based Ged Lawyers, LLP faced the familiar challenge of balancing cash flow between the demands of current case disbursements and the future needs for pursuing law firm growth. 

The combination of a consultative relationship and custom financial solutions provided the strategic guidance and growth catalyst to help the law firm realize a 95% increase in case fees in just one year and a 99% increase in revenue over a three-year period since partnering with Esquire Bank.

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Stories of Success

Pond Lehocky Giordano is a workers’ compensation law firm with a peripheral personal injury business. The firm began with only six attorneys and 22 staff members but has grown into one of the largest workers’ compensation and Social Security Disability advocacy law firms in the nation.

By connecting with Esquire Bank, Pond Lehocky Giordano found a likeminded, strategic partner. Because of its legal industry expertise and similar customer centric, digital technology mindset, Esquire Bank helped the law firm take advantage of case disbursement financing solutions.

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Stories of Success

When Wingate, Russotti, Shapiro, Moses & Halperin, a contingency fee law firm based in New York, partnered with Esquire Bank, the law firm freed up the money previously tied up in case costs and channeled it into growth and hiring new attorneys.

Before its partnership with Esquire Bank, the increasing cost of handling high value cases was proving onerous for WRSMH. Like many contingency law firms, WRSMH found traditional banking solutions were focused on previous financial performance instead of future value.

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Stories of Success

Kreindler & Kreindler, a $20 billion firm from New York specializing in aviation accidents, is a firm that routinely sees case costs in the tens of millions.

That’s why it was imperative for Kreindler & Kreindler to find the most competitive interest rates along with a financial institution that had the nuanced understanding required to tailor financial solutions to their unique business needs.

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Stories of Success

Edelman & Edelman is a New York City-based law firm founded in 1956, specializing in construction accidents and medical malpractice cases. They have leveraged Esquire Bank’s case cost financing solutions to build a successful, highly competitive personal injury firm.

Since partnering with Esquire Bank, Edelman & Edelman has grown the value of their case inventory by 80%, increasing the fees associated with their cases by 78%. A clear line can be drawn from Martin Edelman’s decision to acquire a case cost line of credit to his ability to grow fees.

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Stories of Success

Silberstein, Awad, & Miklos, a New York-based law firm, utilized Esquire Bank’s case cost financing solutions, doubling in size, client base and revenue.

In the twelve years since Silberstein, Awad and Miklos chose Esquire Bank, the law firm has reported huge successes. Freeing up their capital to focus on growth has seen the firm double, not only in size, ultimately resulting in a greater revenue for their law firm.

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Stories of Success

Duffy & Duffy, is a New York-based contingency fee law firm that has relied on Esquire Bank’s banking services and case cost financing solutions for nearly seven years.

Duffy & Duffy’s ability to use their existing capital for other means has freed them to expand faster, including hiring more lawyers as needed. At the same time, their case cost line of credit has provided them the flexibility to invest more in their cases, resulting in greater outcomes for their clients.

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Further Insights

Marketing

Leveraging Debt to Invest in Marketing for Growth

While many law firm owners use debt to pay for case costs, few leverage a Case Cost Line of Credit to invest in marketing for growth. Read this blog to get insights into the typical lending options for plaintiffs law firms and how to leverage debt for law firm growth.

Marketing

Building a Successful Brand: Investing in Marketing & Brand Building

Growth

Harnessing the Power of KPIs in Your Plaintiff Law Firm

Intake

How to Measure Law Firm Case Intake Effectiveness: 3 Key Metrics

Growth

Challenges of Running Your Law Firm as a Business

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