marketing
Leveraging Debt to Invest in Marketing for Growth
While many law firm owners use debt to pay for case costs, few leverage a Case Cost Line of Credit to invest in marketing for growth. Read this blog to get insights into the typical lending options for plaintiffs law firms and how to leverage debt for law firm growth.
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.
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.
growth
Investing in People and Technology for Better Service and Exponential Growth
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.
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.
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.
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.
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. Watch this video featuring Dov Slanksky, vice president of Strategy and Innovation at Litify
growth
3 Common Mistakes Attorneys Make When Selling or Merging Their Law Firm
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.
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. Learn why this successful aviation accident law firm allied with Esquire Bank to finance case costs.
growth
The Accelerated Consumer Migration Online Will Force Law Firms To Either Adapt or Miss Out on Growth
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.
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.
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. Watch this video featuring Gary Falkowitz.
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. Learn how case cost financing can improve the inefficiency gap between your current double-digit financing and marketing ROI.
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
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. Watch this video about how Kreindler & Kreindler leveraged case cost financing for financial success.
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