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How Technology Is Reshaping Litigation Finance

LawTechnologyToday

Luckily, changes in litigation finance may be changing the terms of engagement. The best way to understand litigation finance is by looking at the arc of its development over the last decade – but why such a short timeline? Simply put, ten years ago, litigation finance as we know it now didn’t really exist in the United States.

Finance 82
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How Technology Is Reshaping Litigation Finance

LawTechnologyToday

Luckily, changes in litigation finance may be changing the terms of engagement. The best way to understand litigation finance is by looking at the arc of its development over the last decade – but why such a short timeline? Simply put, ten years ago, litigation finance as we know it now didn’t really exist in the United States.

Finance 64
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In Bid to Disrupt PI, Legal Tech Company Pivots, Launches Legal Service to Compete with the Very Firms It Has Long Served

LawSites

For the last seven years, Mighty has been a legal technology company operating a portal that helps personal injury law firms interface more seamlessly with the lienholders, such as medical providers, who have claims against their clients’ recoveries. Faustian Bargain. Joshua Schwadron. This is the incentive problem he refers to.

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Using Your Website as the Flywheel for Law Firm Growth

Rocket Matter

Show up in their searches with SEO optimization There’s a sea of legal services online, and search engine optimization (SEO) is key to making you show up and stand out. SEO involves tailoring your website so that it ranks higher on search engine results pages (SERPs). Get free guide See More

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Pay for Lawyers: Your Guide to Boosting Cash Flow

MyCase

In this instance, lawyers should clearly communicate what services will be rendered for the fee, including any additional expenses that could be incurred. . Contingency fees are most commonly used in personal injury cases. When legal services are required, lawyers may charge additional costs. . Contingency Fees.

Lawyer 52
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How to Set Up a Law Firm Chart of Accounts

MyCase

For example, if you are a personal injury lawyer, your firm’s operating account is something your firm owns (the account itself) and receives economic benefit from (cash). Revenue is the income received as a result of issuing your legal services. Quickbooks is the easiest way for organizing all of your legal accounting.

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The Benefits of Boutique Law Firms

MyCase

Litigation : This may include a range of both civil and criminal litigation cases, such as personal injury tort claims, divorce and family law cases, contract disputes, and so on. . Legal Services . Biglaw firms are designed to offer a wide range of legal services in order to gain more clientele.