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Typical Lending Options for Contingency Fee Law Firms
It can be a challenge to balance client work and the pressure of building a financially sound law firm. As new technology and trends develop, it’s increasingly important for lawyers to understand how to use worthwhile financing techniques to alleviate some of the common pain points.
Depending on self-financing or turning to traditional banks to pay for case expenses are common options; however, both come with risk and often end up not fixing the issues.
It is crucial that contingency fee lawyers seek a reliable, experienced lending partner with whom they can develop a long-term business relationship in addition to the legal financing such a partner can offer.
Watch this video to hear some of the lending options available to your law firm, and how switching can potentially unlock capital and kickstart growth.
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Learn how your law firm can leverage case cost financing to free up capital that can be invested in marketing, technology, talent, operations, case acquisition, and scaling law firm growth. Schedule a no-obligation consultation with an Esquire Bank Business Development Officer today at a time convenient to your schedule.
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- Life Cycle Stage: Educated - Product Solutions
- Content Tier: bronze
- Content Type: video
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