LitCap

Houston, Texas – May 28th 2014 – LitCap, an online marketplace that connects attorneys with qualified investor’ lenders for case cost financing, speaks out to address common attorney financing questions in the first webinar for litigators on the attorney financing marketplace.

*Email Aubree Feldmann for a link to the video

Attorney Legal Capital Financing Marketplace

 

 

Questions answered by the LitCap Marketplace founders Britton Holland & Hugh Plummer

Question: Describe the perceived conflict of interest trial attorneys face today? 

Question: What are the pros and cons of each of the legal capital financing options available today besides traditional bank lending?

Question: Why do attorneys recommend the LitCap Marketplace?

“There are better ways for attorneys to finance their practice,” commented Hugh Jones Plummer, Jr., Managing Director of LitCap.  “Capital financing has evolved, and the cost demands of managing a legal practice have risen; which is why we founded LitCap to provide a better alternative to legal financing for lawyers by lawyers. When asked about the webinar he stated, “Members constantly tell us they wished they had known about the LitCap Marketplace sooner.”

Webinar Description: Whether you have a case which could use a bigger “War Chest”, or would like a better solution for capital,watch this webinar to find out how to better finance your cases. This webinar includes a proc/cons analysis of the available legal capital options, and a product tour of the LitCap Marketplace. Hear the benefits from trial lawyers of using non recourse financing for case expenses. Learn how the top tier practices are using the LitCap Marketplace.

 

“From the beginning people would ask us, ‘Why would big name firms use LitCap?’  Ironically, the fact was the bigger and better the law firm, the more they needed our product to efficiently manage and maintain a large, growing and profitable practice.  The more successful the firm, the more money they need to finance their case-related expenses.  A firm’s success can often times outpace its cash flow.  Because of this, we have seen the greatest response for our product from some of the largest firms in the nation.”

 

Webinar Topics:

  • €        Attorney Legal Capital Funding Stats
  • €        Facts for the LitCap Marketplace
  • €        Fierce Competition: Alternatives to Banks: Attorney Financing Options in Today’s World
  • €        Let’s talk about increasing your case “War Chest”
  • €        The History and Evolution of Plaintiff Attorney Legal Funding
  • €        Check which cases have been funded year to date
  • €        LitCap Marketplace Founder Q&A PDF
  • View the Attorney Financing Marketplace webinar presentation slides.

“The majority of the attorneys that we talk to understand that funding their clients’ case costs is the least effective use of their funds, but until now lawyers have not had a product that is as flexible and well suited for their practice as LitCap.  Lawyers can now use their revenue much more efficiently and effectively without worrying if they can afford to finance the next case that comes through the door.”