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Featured Insights

Finance

The 3 Greatest Advantages to Using Credit to Fund Growth

As market volatility, inflation and recession looms, law firm owners should consider the 3 key benefits to using credit to fund growth.

Finance

Leveraging Case Inventory to Pursue a $52 Million Settlement for a Client

For personal injury law firm, Laffey, Bucci & Kent, leveraging case inventory proved to be a game changer in securing a $52 million settlement for a client. Watch the video.

Intake

4 Successful Traits of High Performing Law Firms

To flourish in a legal industry underpinned by law firm consolidation and increased competition trends, there are four successful traits of high performing law firms you should consider.

Download your free copy of “Five Bold Strategies
To Grow Your Contingency Fee Law Firm Post-Pandemic”

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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LawyerIQ

growth

growth

Partnering for Nationwide Law Firm Growth: Lerner & Rowe

The pathway to nationwide law firm growth for Lerner & Rowe was made easier by leveraging Esquire Bank's flexible, financing solutions.

growth

Law Firm Financial Flexibility Led to a 162% Increase in Revenue

For Michigan based Grewal Law, finding law firm financial flexibility was the key to practice area expansion and significant revenue growth. The result – an increase of 162%1 in revenue over two years.

growth

How Law Firms Succeed Boldly with Esquire Bank

Esquire Bank provides flexible, financing solutions that free up capital and help law firms succeed boldly. Built by attorneys for attorneys, We uniquely understand the unique business model of contingency fee law firms.

finance

finance

Partnering for Nationwide Law Firm Growth: Lerner & Rowe

The pathway to nationwide law firm growth for Lerner & Rowe was made easier by leveraging Esquire Bank's flexible, financing solutions.

finance

Law Firm Financial Flexibility Led to a 162% Increase in Revenue

For Michigan based Grewal Law, finding law firm financial flexibility was the key to practice area expansion and significant revenue growth. The result – an increase of 162%1 in revenue over two years.

finance

Cash Flow Interruptions Hinder Law Firm Growth: Are you Prepared?

Cash flow interruptions present a challenge and continual balancing act. With inflation imminent, how is your law firm preparing?

marketing

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.

marketing

How the Accelerated Migration of Consumers Online Impacts the Value of Your Law Firm

Understand the importance of a law firm's digital value on law firm valuation, informed by his experience consulting with law firms on growth.

marketing

The Little-Known Connection Between Marketing ROI and Case Cost Financing

Marketing ROI can be drastically different from channel to channel. If your marketing ROI is below 1, you're spending $1 in marketing to get less than $1 in value back.

technology

technology

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

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.

intake

intake

How Do Law Firms Show a Strong Contingent Case Pipeline?

To overcome risk concerns by lenders, contingency fee law firms need to know how to present a strong contingent case pipeline. Learn more by watching this 3-minute video.

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.

intake

4 Successful Traits of High Performing Law Firms

To flourish in a legal industry underpinned by law firm consolidation and increased competition trends, there are four successful traits of high performing law firms you should consider.

accounting

accounting

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

As contingency fee law firms prepare their 2021 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

Finance

Partnering for Nationwide Law Firm Growth: Lerner & Rowe

The pathway to nationwide law firm growth for Lerner & Rowe was made easier by leveraging Esquire Bank's flexible, financing solutions.

4 Minute Video
Marketing

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

Finance

Law Firm Financial Flexibility Led to a 162% Increase in Revenue

Growth

How Law Firms Succeed Boldly with Esquire Bank

Growth

Planning for Economic Distress Ensures Long-term Law Firm Success

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.

 

Learn More

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

Finance

Partnering for Nationwide Law Firm Growth: Lerner & Rowe

The pathway to nationwide law firm growth for Lerner & Rowe was made easier by leveraging Esquire Bank's flexible, financing solutions.

Marketing

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

Growth

Flexible Financing Solutions for Growth & Increased Revenue: Grewal Law

Finance

Law Firm Financial Flexibility Led to a 162% Increase in Revenue

Growth

How Law Firms Succeed Boldly with Esquire Bank

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