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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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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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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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Next Level Strategy: How Law Firms Should be Using Google Ads

Rocket Matter

High competition Practice areas like personal injury law are the most competitive niches in Google Search. Many personal injury lawyers and law firms also advertise for the same keywords. When people first realize they have a legal problem, they use broad search terms like "Do I need a personal injury lawyer?"

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How Financial Visibility Impacts Your Firm’s Bottom Line

CARET Legal

Understanding Financial Visibility in Law Firms Financial visibility is necessary for law firms to manage their finances effectively. Trust Accounting Built for Law Firms CARET Legal keeps client funds compliant and separate from operating accounts, with automated reconciliation.

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Block Billing: Why To Avoid It + Tips To Bill More Efficiently

MyCase

Consider using our comprehensive legal billing software to make the transition to efficient legal billing even easier. Designed to simplify your billing processes and enhance your firm’s productivity, MyCase can help you manage your finances seamlessly.

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What is Spend Management for Law Firms?

MyCase

Traditionally, spend management has been used in the legal profession primarily by in-house legal teams to manage and control costs associated with outside counsel and legal service providers. However, new software is emerging—and it’s good news for law firms.