Attorney Funding & Law Firm Financing
The Best-Kept Secret of Successful Contingent-Fee Law Firms
 |
Why Gamble With Your Cash Flow?
With bank problems, credit lines drying up & uncertain economy, all it takes are a couple of bad financial decisions to put an otherwise strong law firm on it's knees. |
|
Stop Risking Your Law Firm's Cash Flow
It's no secret; operating a contingency based law firm is a costly, speculative, high-risk proposition for anyone. To make things even more challenging, from a purely financial perspective, relying on a bank loan or bank line of credit as your primary source of operational financing can be a surefire recipe for disaster - especially in a turbulent economy. Thousands of law firms have learned that the hard way over the last several years.
Tapping into your law firm's precious cash reserves can be just as dangerous. The worst option of all, a personal loan secured by a personal guarantee and your own personal assets, well, that's about as risky of a gamble as you can possibly make.
Only a Couple of Bad Decisions From Humility
It only takes a couple of losses or bad decisions to cause an acute shortage of cash that can cripple your legal practice or worse, drive your law firm straight into the ground.
It's a harsh lesson to learn, but being a good lawyer is not the only consideration when you manage a law firm, especially when you're taking on a defendant with deep pockets. You've got to think about working capital to cover operational expenses. Litigation frequently boils down to a war of attrition where victory is determined not only by the merit of a case but also by the financial resolve possessed by each side. Winners always try to negotiate with the deck stacked in their favor.
Using any of these options to finance your legal practice is like tap-dancing on a high-wire without a safety net. A lot of legal practices have disappeared in the last few years, simply because their bank line of credit disappeared and they lacked sufficient capital backing or reserves to stay in the fight.
TriMark Legal Funding offers a better, smarter, far less risky alternative. Our attorney funding and litigation financing programs use the latent value of your contingent fee caseload to provide all the working capital you and your law firm need; with no personal guarantees.
Find out now by calling us at 1-877-630-4888 or simply complete the info below.
Serving these cities & states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin and Wyoming. AL, AK, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NC, ND, NE, NV, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV & WY. |
