Resources

To be successful today, a law firm requires more than just the services of a skilled attorney. A truly gifted attorney at the top of their field still might lose out on new clients because of their marketing efforts, or get disbarred for violating a simple accounting rule. No attorney dreams of chasing down non-paying clients or worrying about search engine optimization, but you can no longer hide behind ignorance to achieve success. 

Download this guide and learn how to increase your cash flow, bring in a steady stream of new clients, and make your firm more secure by initiating minor tweaks that yield fast and noticeable results. You’ll explore best practices for:

• Streamlining billing and payments
• Security and compliance
• Marketing to grow your firm in 2021

When surveyed, 82% of firms describe technology as “extremely” or “very” important in running a law firm.¹ To thrive today and in the future, firms must support remote work, secure their data, and cater to client convenience.

Download this checklist to evaluate your firm’s capability to successfully navigate our new remote era, operate efficiently, and remain client focused. Topics cover:

• Accelerating collections with electronic billing and payment.
• Securing access to information any time, anywhere.
• Integrating with common apps and platforms.
• Increasing profitability and delivering exceptional client service.

¹Above the Law, Industry Report: Survival or Evolution — Law Firms Navigate a Digital Metamorphosis

Every law firm needs clients, and basic marketing in combination with good service will get them in the door. But savvy firms know how to attract new clients in addition to retaining loyal, consistent clients for recurring work. If your firm isn’t meeting client expectations, they’ll find plenty of other firms to turn to. 

Download this whitepaper that outlines recent research about clients’ expectations from

law firms and what changes you can make to exceed those expectations, including:

• How online payments increase convenience
• The importance of a strong and compelling web presence
• Delivering timely and consistent communication
• Setting clear expectations and communicating effectively

Whether it’s just the inherent fluctuations in cash flow experienced by a contingent-fee firm, or challenges arising from the COVID-19 pandemic, a stable source of capital is imperative to maintain firm operations and continue to advocate for your clients.

Download this white paper, which uncovers the best financing solution for how your firm operates. You’ll get recommendations that provide the most value based upon the three most common plaintiffs’ firm business models:

• High volume firm
• Low volume, high value
• Mass tort

Experts are cautioning that US businesses won’t see normalcy return until well after vaccinations. Further, 36% of firms have reported struggling to maintain financial security through the crisis¹. With countless firms announcing layoffs and pay cuts, shrinking cash flow is a real problem during this crisis. Is your firm prepared to endure periods of client reductions, increased collection cycles, and potential losses in billings?

Download this whitepaper and learn how to remain nimble over the next 12-24 months by making sure you have the capital to weather the storm. You’ll learn:

• 6 questions to evaluate your credit needs
• The challenges of accessing capital in an uncertain market
• Insights to positioning your firm for sustainability
• Pros and cons of potential credit options

¹Survey Conducted by MyCase

The COVID-19 pandemic is creating longer-term issues for law firm operations than originally expected. According to an independent survey among plaintiffs attorneys, 56% of respondents reported a decline in case intake and 50% stated they experienced some level of decline in case resolution.

The result: significant revenue and cash flow issues are emerging for many firms.

Having access to short- and long-term financing will allow your firm to weather this difficult time, maintain stability, and be positioned to ramp up immediately when the time allows. 

Download this white paper to learn about the specialty resources available to you, including:

• Why it’s essential to work with a lender who understands the nuances of a contingent-fee practice. 
• Differences between a specialty law firm line of credit and a bank line of credit.
• 3 different types of specialty financing available for your firm.