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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.

6 minute read
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.
financegrowth

How BD&J Changed Its Law Firm Growth Trajectory

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
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.
growthtechnology

How to Create and Leverage Vision and Mission for Law Firms

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.
growthtechnology

Why Creating a Great Culture is Important for Law Firms

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.
growthtechnology

Common Characteristics of Top Performing Law Firms

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

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.
marketingtechnology

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.
growth

Flexible Financing Solutions for Growth & Increased Revenue: Grewal Law

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.
financegrowth

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.
growth

Planning for Economic Distress Ensures Long-term Law Firm Success

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.
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?
financeintake

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.
growth

Achieving Exponential Growth: Atlas Consumer Law

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.
financegrowth

Streamlining Case Acquisition for Exponential Growth: Atlas Consumer Law

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

Investing in Case Resources Increased Revenue 365% Over 3 Years: Laffey, Bucci & Kent

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

Discovering The Path to Exponential Law Firm Growth: Ged Lawyers

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.
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.
growth

Law Firm Banking Partnership Leads to Increased Case Fees & Revenue

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.
technology

Using Law Firm Technology to Maximize Case Value

Law firm technology can increase profitability and case value by providing valuable insights on attorney performance, case duration and outcome trends.
technology

4 Keys to Leveraging Technology for Law Firm Growth

To succeed in today’s competitive legal space, contingency fee law firms need to embrace using available capital to leverage technology for law firm growth.
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.
growth

Pond Lehocky Giordano: Finding Liquidity to Fuel Growth in Workers’ Compensation and SSD Advocacy Law

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.
growth

Law Firm Growth and Succession Planning: 4 Considerations

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.
growth

Case Cost Financing Fuels Law Firm Growth & Expansion

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/success.
technology

What Are the 3 Benefits of Implementing Client Communications Technology

When it comes to managing client relationships, there are three essential benefits to implementing client communications technology. Learn more by watching this 4-minute video.
technology

Why Law Firm Client Communications Technology is Essential for Trial Lawyers

In today’s fast-paced, digital-driven world, client communications technology is essential for trial lawyers. Learn more by watching this 4-minute video.
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.
growth

Law Firm Increased Profit by 46% Over Two Years: Wingate, Russotti, Shapiro, Moses & Halperin

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

Case Cost Financing Helps Law Firm Increase Profit by 46% Over Two Years

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.
growth

3 Key Tips for Law Firms Looking to Buy a Law Practice

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.
growth

3 Common Mistakes Attorneys Make When Selling or Merging Their Law Firm

For the legal industry, 2022 has brought in a whirlwind of change marked by the migration of consumers to online channels and the accelerated level of consolidation activity.
growth

Why Law Firms Looking to Grow Need to Consider These Key Options

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.
growth

5 Signs You Have a Key Employee and Not a Successor

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.
growth

How to Leverage the Value of a Trial Lawyer Firm’s Case Inventory for Growth

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.
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.
growth

Kreindler & Kreindler: Leveraging Your Bank to Grow Into a $20 Billion Law Firm

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.
growth

The Accelerated Consumer Migration Online Will Force Law Firms To Either Adapt or Miss Out on Growth

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.
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.
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.
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.
growth

Invest Your Personal Wealth Freely in 2022

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.
growth

Law Firm Growth Through Smarter Financing Strategies

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.
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.
growth

Focus on Litigating for Your Client Instead of Being Their Lender

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

How a Case Evaluation Committee Could Double Your Average Settlement

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.
finance

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

Case cost financing arms law firms with the same war chest that well-funded corporate goliaths come to court with.
intake

How to Contact, Screen, and Qualify a Lead

Times have changed and chasing prospective clients today require immediate contact and persistence. If your firm isn't contacting your web leads within 1 to 2 minutes of initial inquiry, you're losing the game.
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.
growth

Leading with Vision and Culture to Engender Growth

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

4 Keys for Investing in Law Firm Brand Marketing: Glen Lerner

In the competitive landscape of contingency fee law firms, investing in brand marketing is an essential catalyst for law firm growth – one that requires time, commitment, consistency and persistence.
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.
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.
growth

The 3 Biggest Challenges to Practicing Law While Running a Law Firm

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

Duffy & Duffy: Contingency Fee Law Firm’s Growth and Success

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%.
growth

Edelman & Edelman: Recognizing Case Inventories as Valuable Assets Worth Funding

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.
growth

Leveraging the Value of Your Case Inventory to Expand Law Firm Operations

Duffy & Duffy used the value of their caseload to access cheap capital for growth, investing in business operations, talent, and advertising campaigns.
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.
marketing

Marketing Best Practices: The Value of Client Reviews

Are you utilizing client reviews on Google and social media to their fullest extent? Watch now a conversation with Chris Dreyer and Taylor Rayfield.
growth

Lifting the Burden of Self-financing Case Costs: Silberstein, Awad & Miklos

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

Bold Moves: How Client Experience Affects Case Acquisition

Improving your client experience will lead to a higher rate of case acquisition. But how do you make your clients happy at the intake phase?
growth

Bold Moves: The Future of Personal Injury Law

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.
marketing

The Risks of Relying Solely on Word-Of-Mouth Referrals

In today’s ever-changing world, relying solely on word-of-mouth referrals might be hindering your firm’s growth potential.
intake

Bold Moves: How Many Intake Specialists Should You Employ?

When it comes to employing intake specialists for your law firm, is there a magic number?
intake

Bold Moves: The Importance of an Effective Intake Strategy

Are you overlooking the importance that intake plays in the growth of your law firm? Glen Lerner and Ari Kornhaber discuss.
intake

Bold Moves: Improving the Quality and Quantity of Your Intakes

Potential clients consume media across a spectrum of outlets and devices. Sticking to traditional methods of case acquisition could leave you behind.
marketing

Marketing Best Practices: Effective Ways to Advertise Your Contingency Fee Firm

Utilize these strategies, brought to you by Esquire Bank & Scorpion Marketing, to get ahead of the game when it comes to advertising your law firm.
marketing

Marketing Best Practices: What Are the Most Cost-Effective Ways to Advertise?

If you’re not thinking about where, what and how your law firm practices, then chances are you aren’t getting the most out of your advertising.
marketing

Investing in Brand Marketing for Law Firm Growth

Are you unsure whether you should be spending money on brand marketing? Chris Dreyer (CEO, Rankings.io) has a very clear response – yes, you should.
growth

4 Key Considerations for How to Grow Your Law Firm: John Gomez

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.
growth

Invest in Financial Success Instead of Case Costs

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.
growth

Set Up Your Contingency Fee Law Firm for Financial Success

Watch Noah Kushlefsky (Managing Partner, Kreindler & Kreindler) talk through the easy steps that his firm took to become case cost funded.
accounting

The Counselor vs. The Creditor

Is self-financing your case costs limiting your potential growth? Ari Kornhaber and John Gomez discuss the advantages of case cost financing.
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.
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.
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.
accounting

The Irregular Cash Flow Cycle

Discover a progressive approach to law firm capitalization and liquidity, and learn strategies for managing the challenges of inconsistent cash flow.
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.
growth

Typical Lending Options for Contingency Fee Law Firms

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

The Tax Advantages of Financing Case Costs

Ari Kornhaber asks experts Seth Price and Bryan Koshers for their thoughts on how case cost financing can allow firms to focus on practice, not cash flow.
accounting

Strategies to Combat Phantom Income

Join Ari Kornhaber (Esquire Bank) and Bryan Koshers as they discuss strategies to avoid phantom income sources, which can lead to lost revenue.

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