How Legal Finance Can Bridge Risk Gaps and Support Growth

Like a threaded coupling or an electrical converter that allows non-matching mechanical or electrical components to be joined seamlessly together, legal finance can be the "adapter" that brings together lawyers with compatible talents but different economic outlooks and comfort levels.

6 minute read January 01, 2024 at 12:05 AM
By
G. Andrew Lundberg
How Legal Finance Can Bridge Risk Gaps and Support Growth

As clients continue to ask law firms for alternatives to hourly billing for costly and risky cases and law firms try to reconcile those requests with their own risk tolerance and historical profitability under the hourly model, many have found the answer lies in partnering with a legal financier whose time horizons and appetite for risk can bridge the gap.

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