Like every other successful trial attorney, you may have thousands of your personal, post-tax dollars trapped in case expenses that do not earn interest and are not tax deductible. Here are 5 good reasons why it makes sense for every successful plaintiff’s law firm to take advantage of our law firm financing services.
- Our litigation finance services enhance your ability to pursue justice on your client’s behalf. With our help, you can hire the best experts and support services without concern for the drag on your cash flow.
- It’s your money. You earned it, paid taxes on it, and then loaned it right back to your practice for free. You can either leave it tied up in case expenses and lose the ability to do what you want with your money, or you can get it back at almost no cost through our services. If you got that money back, you could invest, save for your children’s college, expand your firm, take on more cases, save for retirement, and more.
- Now you can create a more level playing field. Do the defendants or insurance companies across the aisle finance their cases with post-tax cash out of their own pockets? Of course not! Then why should you?
- Making an interest-free loan (your case expenses) is a poor business practice. The cash you have tied up in case expenses is not earning interest. If the defendant or insurance company decides to drag out a case for several years, you have lost the opportunity to put your money to work.
- Enhance expense tracking accuracy. Our law firm financing clients tell us that our careful tracking of case expenses is a terrific way for them to make sure they remember to recoup all of their expenses at the end of each case. Our AdvoTrac Case Expense Funding software can help you stay organized and increase your firm’s productivity.
If you are interested in learning more, call toll-free 1.877.894.9724 or contact us online.