Growth

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The influx of private equity investment (PE) has had a significant impact on the legal industry, particularly in the realm of alternative business structures (ABS). Learn important insights from this blog.

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For contingency fee law firm owners, there are three top factors to consider for growing a successful law firm. Watch this video featuring Reza Torkzadeh, founder and CEO of TorkLaw.

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This blog, featuring Reza Torkzadeh, founder and CEO of TorkLaw, explores the transformative power of leading with vision and culture, revealing how it can drive sustainable growth and set firms apart from the competition.

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Building an engaging environment in a successful contingency law firm requires a top-down approach to law firm leadership. Watch this video featuring, bestselling author, Reza Torkzadeh, founder and CEO of TorkLaw.

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Investing in your contingency fee law firm is essential for sustainable law firm growth. Watch this video to learn the four key areas.

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By using the Growth Assessment Tool you will be able to diagnose your law firm's growth potential, gain a better understanding of your business, and set off on your journey to becoming the industry leader.

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For many contingency fee law firms, the owners take on every task, from litigating to marketing, accounting, intake, and countless daily business operations. When deciding when and whether to add staff, growing firms should consider the ROI for hiring top law firm talent.

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Discover insights and key characteristics to see if your law practice is one of two main types of struggling businesses: a False Start or a Stalled firm.

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As a firm grows, finding someone to run the daily operations is critical. Read this blog to find out why adding a law firm COO is a key factor in scaling a firm's growth.

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Things can change quickly in the current world economy. Growing your law firm in adverse times requires forward-looking strategies. Learn more by reading this blog about how to grow your firm.

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Investing in law firm business operations and the talent to run them is essential when looking to scale exponential law firm growth. Learn more by reading Part 4 of our Experiencing Exponential Growth blog series.

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Whether your growth plans call for expanding your law firm into new geographies or practice areas, it's going to require access to capital. Learn more by reading Part 5 of our Experiencing Exponential Growth blog series.

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For personal injury law firm BD&J, investing in growth required capital. Read the complete case study to learn how the firm leveraged case cost financing to fuel exponential growth.

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Tim McKey, CEO of Vista Consulting, discusses the importance of investing in law firm operations, when a firm should build out key functions, and how firms ensure their operations are efficient and effective.

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Since partnering with Esquire Bank, TorkLaw has grown to a staff of 60, doubled the value of its case inventory, and increased marketing spend by +71% and revenue by +74% while expanding nationwide. Read the complete TorkLaw case study.

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Since allying with Esquire Bank and leveraging its case cost financing solutions, Lerner & Rowe has grown case fees by 26%, marketing expenses by 22%, and significantly increased profits in a single year. Read the complete case study.

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

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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.

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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.

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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.

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Of the many ways law firms can grow the bottom line, a smart approach invests in people and technology to increase efficiency and growth. Watch this video featuring Melissa Nyman, vice president and deputy managing partner at Nyman Turkish.

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By allying with Esquire Bank, TorkLaw accessed capital to fuel marketing, technology and operations initiatives and scale law firm growth. Watch this 4-minute video to learn more.

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By allying with Esquire Bank and leveraging its flexible financing solutions, BD&J freed up capital that could now be invested in advertising – an event that made a significant impact on the growth trajectory of the Los Angeles-based law firm

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For law firms headed on a trajectory of growth, creating a clear vision and mission is key to moving the business in the right direction. Watch this video featuring Mary Ellen Murrah, Operations Consultant at Vista Consulting.

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Learn more insights into why creating a great culture for law firms is important and the keys to building one. Watch this video featuring Mary Ellen Murrah, Operations Consultant at Vista Consulting.

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Learn key insights into the common characteristics of top performing law firms by watching this video featuring Tim McKey, CEO of Vista Consulting.

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

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For Grewal Law, leveraging flexible, financing solutions led to significant law firm growth and a 162% increase in revenue over two years. Read the complete case study to learn more.

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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.

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In the coming recession, client outreach will be at the forefront of law firm strategies for growth, but not every law firm owner understands what it takes to grow against economic headwinds.

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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.

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For Atlas Consumer Law, streamlining case acquisition by investing in infrastructure and technology has doubled the law firm’s practice.

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By investing in case resources, Laffey, Bucci & Kent significantly increased operations, contributing to growth and resulting in a 365% revenue increase over three years.

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For Ged Lawyers, the path to exponential growth would be made easier by allying with a strategic financial partner that understood the firm’s business model and case inventory.

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For Ged Lawyers, a law firm banking partnership brought industry insights and expertise, and tailored financial solutions to fuel law firm growth – the results were impressive.

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By partnering with Esquire Bank, Pond Lehocky Giordano found the liquidity to fuel growth and become a leading Worker’s Compensation and SSD Advocacy law firm.

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When it comes to law firm growth and succession planning, there are four considerations: Grow your firm; sell/merge your practice; plan for succession; or value your law firm’s case inventory.

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Pond Lehocky Giordano has grown into one of the largest workers’ compensation and Social Security Disability advocacy law firms in the nation. Watch this 3-minute video about the firm's growth and success.

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How Case Cost Financing Allows Law Firms to Improve Case Outcomes and Settle Cases Faster

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How did Wingate, Russotti, Shapiro, Moses & Halperin expand operations and increase its profit by 46% over a two-year period? Learn more by watching this 3-minute video.

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The legal industry is experiencing an unprecedented wave of consolidation in the form of mergers and acquisitions. There are three key tips for law firms looking to buy a law practice.

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According to Jeremy Poock, Founder of Senior Attorney Match, who advises firms about succession planning, most lawyers, ages 55 to 75, who manage smaller practices with 5 to 20 attorneys, make 3 common mistakes when considering selling or merging their law practices. Watch this video to learn more.

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When considering law firm growth, many law firm owners face a challenging decision that falls into three key areas: merge or sell; select an internal successor; or embrace the status quo.

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When it comes to succession planning, senior attorneys often consider productive, loyal attorneys. However, productivity and loyalty do not always make for the ideal succession candidate.

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Whether seeking financing solutions to invest in growth or seeking potential law firm buyers, knowing the value of your firm's case inventory is an important asset.

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Over the years, Kreindler & Kreindler has litigated against some of the world’s largest corporations from their offices in New York, California, and Massachusetts recovering some $20 billion for its clients. Learn why this successful aviation accident law firm allied with Esquire Bank to finance case costs.

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As the legal industry consolidates, plaintiffs law firms will need to adapt and grow. Firms with the necessary liquidity and pipeline of cases are looking to buy out less digitally savvy competitors to take on their talent and grow their practice.

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Noah Kushlefsky, of Kreindler and Kreindler discusses his experiences with Esquire Bank and the advantages that come with partnering with a lender that truly understands the legal practice.

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Watch this video as Martin Edelman, of Edelman and Edelman, explains how he switched from receiving 'crushing' interest rates from litigation funding companies to Esquire Bank.

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The practice of self-funding case expenses for your clients can cripple your ability to invest in your business and grow your firm.

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Putting a dollar value on a case isn't an exact science. Even when presented with the same facts, each attorney's valuation of a case varies depending on their experience and risk tolerance.

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In the face of market volatility and inflation, law firm owners should consider the 3 key benefits to using credit to fund law firm growth. Learn how to improve your firm's cash flow.

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As Lerner & Rowe Injury Attorneys experienced significant growth, Glen Lerner realized leading with vision and culture would be key to ensuring employee buy-in.

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Successfully litigating cases in the courtroom while also managing the business needs of a growing law firm can be daunting for many lawyers.

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Since partnering with Esquire Bank, Duffy & Duffy has reported record successes. Freeing up their capital to focus on growth has enabled the firm to grow their revenue by 50%.

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In 2016, New York law firm Edelman & Edelman allied with Esquire Bank and its case cost financing solutions – a decision that freed up capital to invest in case resources, instead of paying crushing financing rates and fees. Read the complete case study now to learn more about the bold success story of Edelman & Edelman.

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Duffy & Duffy used the value of its case inventory to access capital to fuel growth by investing in business operations, talent, and advertising campaigns.

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Learn how Silberstein, Awad & Miklos utilized Esquire Bank’s case cost financing solutions to double their size, client base and revenue.

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With case costs on the rise, the future lies in case cost financing, and law firms like Lerner & Rowe are thriving by embracing that change.

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As attorneys experience success, a key consideration is how to grow the firm from a disparate group of attorneys to an integrated law firm. Watch this video featuring John Gomez, founder of Gomez Trial Attorneys.

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Learn how Kreindler & Kreindler changed its approach to financing case costs and set up the firm for financial success. Watch this video featuring Noah Kushlefsky, managing partner for the firm.

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It can be a point of pride for law firms to self-finance case disbursements, but this practice can put law firms at a disadvantage by hampering their liquidity and cash flow. Watch this video about how Kreindler & Kreindler leveraged case cost financing for financial success.

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There are many lending options available for contingency fee law firms. Weigh up the pros and cons of each option with this insightful video.