ALFA Associates Case Studies

Case Study: How Litigation Finance Helps Law Firms Manage Contingent Risk

Written by Joe Sullivan | Jul 9, 2024 12:59:02 PM

Background

Law firms face significant financial risks when handling cases on a contingency basis. In such arrangements, firms only get paid if they win or settle the case favorably. This model can strain a firm's resources, making it challenging to take on additional cases or invest in other areas of the business. Litigation finance offers a solution to these challenges by providing law firms with the capital they need to manage risk, improve revenue, and offer a better experience for their clients.