LawFinance Group: News
LawFinance Group, Inc. "Best Practices Capital Management Solutions"™ March 3, 2008
By Michael Blum, Esq.
"Raising The Bar"
LawFinance Group provides proven “best practices” capital management solutions for thriving contingency fee law firms and their clients.
Developed over years of professional legal, finance and business experience, these “best practices” have proven to consistently lead to superior results for our clients.
Our unwavering commitment to this “best practices” approach has allowed us to set new standards of professional excellence for the legal financing industry and has provided a host of valuable benefits for our clients.
LawFinance Group – Value Added Benefits
At LawFinance Group, our “Best Practices” approach adds significant incremental value to our products and services, which benefits our clients in many important ways:
1. GUARANTEED COMPETITIVE PRODUCTS AND SERVICES
We continually monitor the financial products marketplace to make certain our capital management products and services remain unsurpassed in quality and value.
2. A RELATIONSHIP-BASED APPROACH
Building mutually beneficial, long-term relationships with our clients is the cornerstone of our business. This “partnership” approach focuses on understanding your firm’s financial goals and helping you meet them, both in the short term and in the future.
3. YOU WILL BE TREATED AS IF YOU WERE OUR ONLY CLIENT.
Based on your unique situation, our team works closely with you to gather information to assess your needs, strengths and weaknesses. Together we define your objectives and expectations to develop a custom capital management strategy.
4. WE PROVIDE IN DEPTH FINANCIAL ANALYSIS
We take the time to fully understand your practice and evaluate your firm’s complete financial profile. This lets us identify the best solution to meet your firm’s capital requirements.
5 . WE CREATE UNIQUE, CUSTOMIZED SOLOUTIONS
The strength of our approach resides in our flexibility to create a customized capital management program to exactly match each client’s unique financial, operational and cultural needs.
6. WE OFFER A BROAD SELECTION OF PROGRAMS
We offer law firms and their clients a remarkable array of capital management programs, featuring many funding options that previously were only available to traditional, asset-based businesses.
7. EXTENSIVE EXPERTISE PROVIDES SUPERIOR RESULTS
We offer a unique combination of extensive legal, finance and business experience. Our commitment is to utilize “Best Practices” Capital Management techniques in the contingency fee practice environment to consistently provide our clients with superior, measurable results.
8. A OFFER MORE FLEXIBLE APPROACH
Our “Best Practices” Capital Management approach is not a rigid, “all or nothing” proposition. We provide each client a variety of flexible solutions to match each firm’s unique needs. We have developed a comprehensive service offering for contingency fee law firms and their clients, and work with them to determine the solution best suited for their situation.
9. A CONTINUING COMMITMENT TO YOUR SUCCESS
Our “Best Practices” capital management programs are specifically designed to help successful contingency fee practices improve profitability, increase return on investment, maximize liquidity and better manage cash flow, both in the immediate economic environment and in the longer term.
10. AN UNSURPASSED DEDICATION TO SERVICE
Because we continually strive to increase our customer satisfaction levels, our service-oriented staff always treats you and your staff with the highest regard for courtesy and professionalism. And with a minimal degree of intrusion.
11. MOTIVATED PEOPLE EXCELLENT RESULTS
As part of out “Best Practices” approach, we have built a stellar team of highly motivated and experienced people, each committed to providing you with unsurpassed service and superior results.
12. ONGOING NEW PRODUCT DEVELOPMENT TO MEET CHANGING MARKET NEEDS
We regularly monitor the needs of contingency fee attorneys and law firms to make certain our capital management products and services remain unsurpassed in the industry.
SOME SPECIFIC WAYS OUR “BEST PRACTICES” APPROACH HAS BENEFITED OUR CLIENTS:
- INCREASED PROFITABILITY WITH NO NEW OUTLAY OF PARTNER CAPITAL
- REDUCED COST OF LITIGATION EXPENSE FINANCING
- IMPROVED MONTHLY CASH FLOW AND BETTER FINANCIAL MANAGEMENT
- INCREASED OVERALL PRACTICE LIQUIDITY
- IMPROVED FORECASTING FOR ENHANCED FINANCIAL PERFORMANCE
- INCREASED ANNUAL DISTRIBUTIONS TO PARTNERS
- INCREASED PRESERVATION OF AFTER-TAX PROFITS
- EXPANSION OF PRACTICE WITHOUT THE INFUSION OF ADDITIONAL PARTNER EQUITY
- NON-RECOURSE CASH ADVANCES RECEIVED ON A MONEY JUDGMENT ON APPEAL PRIOR TO APPEALLATE DECISION
