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Whether your law firm operates on a contingency fee model or not, managing your finances and cash flow is vital. This is where you’ll find articles and case studies to help.

Finance

finance

Understanding The Benefits of Deferring Contingency Fees

Discover the benefits of deferring contingency fees as related to single-event, multi-party, and mass tort matters in this blog featuring Laura Baroudi, Director of Settlement Planning at Milestone.

5 minute read

finance

Choosing the Right Bank is Crucial for Contingency Fee Law Firms

When it comes to law firm growth, choosing the right right bank is crucial for contingency fee law firms. Read this blog for key insights.

8 minute read

finance

How to Mitigate Irregular Cash Flow in Contingency Fee Law Firms

Discover key strategies for how to mitigate the irregular cash flow in contingency fee law firms. Read this blog for important insights.

6 minute read

finance

Trial Lawyers: Selecting the Right QSF Admin for Your Firm

Selecting the right QSF administrator makes all the difference in post-settlement success for your firm and clients. Read this blog featuring insights from Patrick Hoover, legal counsel at Milestone.

5 minute read

finance

Trial Lawyers: How to Elevate Your Settlement Game

In this blog we discuss how trial lawyers can elevate their settlement game through three key strategies, featuring insights from Sam Dolce-Powers, attorney/partner at Milestone.

5 minute read

finance

3 Reasons Case Cost Tracking Matters for Plaintiffs Law Firms

In plaintiffs law, where attaining justice often intersects with managing profitability, diligent case cost tracking is paramount. Read his blog featuring insights from Tim McKey, CEO of Vista Consulting.

5 minute read

finance

10 Financial Challenges Contingency Fee Law Firms Face

As trial lawyers expand operations and increase caseload, there are 10 financial challenges contingency fee firms face and need to overcome. Read this blog for important insights from Tim McKey, CEO of Vista Consulting.

5 minute read

finance

How Trial Lawyers Can Effectively Fund the Fight for Justice

The fight for justice may be long and arduous but funding it doesn’t have to be. Discover effective financing solutions for trial lawyers by watching this video.

2 Minute Video

finance

The Fractional CFO Edge for Growing Plaintiff Law Firms

A fractional CFO empowers plaintiff law firms to balance establishing a firm financial foundation while winning cases. Explore this blog for important insights from Tim McKey, CEO of Vista Consulting.

5 minute read

finance

3 Ways to Present a Strong Case Pipeline for Plaintiffs Law Firms

For contingency fee law firms, presenting a strong case pipeline is a critical narrative to show a firm's capacity for sustained growth. Read this blog for insights from Tim McKey, CEO of Vista Consulting.

5 minute read

finance

How to Acquire Smart Financing for Sustainable Law Firm Growth

In the face of pressure from the increase in Private Equity law firms, contingency fee law firms are seeking to acquire smart financing to fuel law firm growth.

8 minute read

finance

Understanding Law Firm Funding Options: Contingency Fee Law Firms

There are a few law firm funding options for contingency fee law firms, but one option is best for the unique plaintiffs firm business model. Read this informative blog to learn how case cost financing helps firms leverage their contingent case inventory.

4 minute read

finance

Contingency Fee Law Firm Valuation: What Factors Matter for Financing?

Contingency fee law firms operate under a unique business model. Read this blog to learn how a contingency fee law firm is valued for financing: What factors matter and what financing options are available.

4 minute read

finance

The ROI of Financing Case Acquisition for Plaintiffs Law Firms

Plaintiffs law firms that consistently manage to litigate cases to full value and bring in case fees, should consider the ROI of financing case acquisition. Read this blog for important insights.

4 Minute Video

finance

Fueling Growth: The Power of Capital for Plaintiffs Law Firms

Cases are the growth engine of plaintiffs law firms. To scale full growth and increased case volume, firms need the power of capital. Watch this video featuring insights from Reza Torkzadeh, founder and CEO of TorkLaw.

4 Minute Video

finance

Case Cost Financing: The Key to Scaling Law Firm Growth

For contingency fee law firms, financing case costs is the key to unlocking the capital necessary for law firm growth. Read this blog about why personal injury firms like Edelman & Edelman leveraged case cost financing to scale growth.

7 minute read

finance

The Importance of a CFO for Running the Business of Law

As the firm grows, so do the demands of running the business of law. Read this blog to learn more about the importance of hiring a CFO for your law firm.

4 minute read

finance

The No-Stress Way to Efficiently Fund Your Law Firm

Starting a business is hard. Starting a contingency fee law firm is harder. Read this blow to learn about the no-stress way to efficiently fund your law firm.

4 minute read

finance

How to Experience Exponential Growth: The Key to Attaining Bigger Settlements

In this “Experience Exponential Growth” blog series, we’ll take you through several examples of top plaintiffs law firms that found great success and exponential growth by financing their case costs and investing into five keys areas.

5 minute read

finance

How to Experience Exponential Growth: Financing Your Law Firm

5 minute read

finance

Operational Excellence for Law Firms: A Roadmap to Streamlining Processes

As plaintiff lawyers, your primary focus is to help clients attain just settlements. However, to ensure the long-term success of your firm, it's essential to invest in building the firm's operations. Read this article featuring insights from Mary Ellen Murrah, operations consultant from Vista Consulting.

7 minute read

finance

Leveraging Debt to Invest in Law Firm Marketing, Technology and Talent

Smart, contingency fee law firm owners have leveraged debt to finance case costs in order to free up cash to invest in marketing, technology, and talent to fuel law firm growth. Watch this video to learn more.

4 Minute Video

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.

5 Minute Video

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.

6 minute read

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.

4 Minute Video

finance

Understanding Typical Lending Options for Contingency Fee Law Firms

Understanding typical lending options and how they can impact law firm growth and cash flow is essential for contingency fee law firms. Watch this 2-minute featuring a detailed comparison of the three paths typically followed by trial attorneys.

2 Minute Video

finance

Game Changer: Leveling the Playing Field Through Case Cost Financing

As trial lawyers are discovering, case cost financing provides an opportunity to level the playing field, ensuring plaintiffs’ lawyers have access to valuable case resources so they can attain the best result for clients.

3 Minute Video

finance

Best Practices for Managing Client Case Costs

While case costs are often considered the life blood in the litigation space, your firm’s approach to managing client case costs impacts cash flow, operations, growth, and has tax implications. Watch this video featuring Tim McKey, CEO of Vista Consulting.

4 Minute Video

finance

Catapulting Your Law Firm from Good to Excellent: An Owner’s View

For Andrew Siegel, founding and senior litigating partner at Siegel & Coonerty, LLP, having access to capital has become a game changer -- catapulting his law firm from being a really good law firm to an excellent one. Watch this 2-minute video.

2 Minute Video

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.

3 Minute Video

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?

3 Minute Video

finance

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.

4 Minute Video

finance

How To Recession-Proof Your Law Firm Business

As market volatility and rising inflation looms, partnering with Esquire Bank is the best way to recession-proof your law firm business.

4 Minute Video

finance

Building Case Value By Leveraging Case Inventory: Raphaelson & Levine

For Raphaelson & Levine, allying with Esquire Bank provided the catalyst for significantly building case value for the law firm’s clients and continuing to fulfill its mission for attaining justice.

2 Minute Video

finance

4 Keys to Achieving Financial Flexibility for Law Firm Growth: Glen Lerner

For contingency fee law firms that self-finance, achieving financial flexibility for law firm growth initiatives is a continual balancing act. Watch this video featuring Glen Lerner.

5 Minute Video

finance

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

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

3 Minute Video

finance

Financing Firm Case Costs Doubled SAM’s Size, Client Base & Revenue

For Silberstein, Awad & Miklos, financing firm case costs through Esquire Bank lifted the burden of self-financing and freed up capital to invest in law firm growth. Watch the video.

2 Minute Video

finance

Moving Away from Self-Financing & Traditional Bank Restrictions

For years, Kreindler & Kreindler was frustrated by the failure of traditional banks to consider the firm’s case inventory or settlement history. Watch this 4-minute video.

4 Minute Video

finance

Why You Shouldn’t Be a Lawyer and a Lender

Many law firms unintentionally hamper their ability to grow through the practice of self-financing their case costs, using their earnings from previous cases to pay for current cases. Watch this video to learn why you shouldn't be a lawyer and a lender.

3 Minute Video

finance

9 Easy Steps to Acquiring a Case Cost Line of Credit

A case cost line of credit provides qualifying contingency fee law firms with access to funds to cover out-of-pocket expenses for the duration of a lawsuit by using the contingent case inventory as collateral.

7 minute read

finance

The Added Value of Case Cost Financing for Both You and Your Client

Learn how case cost financing provided access to capital that enabled Siegel & Coonerty to invest heavily in case resources and ultimately attain a $10.8 million settlement for its client.

4 Minute Video

finance

Thriving Through the Pandemic: Prepare for the Worst, but Hope for the Best

Law firms who had dry powder in the form of a working capital line of credit going into the pandemic were able to continue to support their staff through court closures and case delays.

3 Minute Video

finance

Case Cost Lines of Credit for the Legal Industry

Smart money firms are switching to a case cost model to transform their capital into potential and unleash a surge of growth.

4 minute read

finance

Long-Term Financial Planning for Trial Lawyers

Join Ari Kornhaber (Esquire Bank) and Sean Flaherty (Keches Law Group) in an insightful discussion on ensuring financial stability.

3 Minute Video

finance

How Contingency Fee Law Firms Can Thrive, Not Just Survive

The pandemic has left many law firms feeling uncertain about the future. Now, seize the opportunity to bounce back even higher.

8 minute read

finance

How Contingency Fee Law Firms Are Handling Case Costs

Whether you’re self-financed or not, the challenge of how to handle your case costs is more relevant than ever.

3 Minute Video

finance

Balancing Law Firm Cash Flow and Financial Needs: John Gomez

Learn how Gomez Trial Attorneys overcame the ups and downs of cash flow related to contingency fee litigation, by balancing the firm's financial needs through case cost financing.

5 Minute Video

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