It’s expensive for companies to fight a lawsuit, no matter which side of the courtroom they’re on. The Court Statistics Project found that the median costs for business contract suits, which make up 60% of the 20 million civil cases filed annually, totaled $91,000. Liability lawsuits had a median cost of $54,000. Some businesses may
Pravati Capital Completes Expansion to Key Markets and Adds Accomplished New Hires to its Distinguished Leadership Team
NEW YORK, July 29, 2020 /PRNewswire/ — Pravati Capital, leading litigation finance pioneer and consulting firm, today announced four new members to its esteemed leadership team, each complementing the firm’s outstanding services and legal insight. Joining Pravati Capital, Bruce Cohen, Douglas Smith, Scott Potter and Shane Ham will bolster the company’s litigation practice with specialized experience to better serve clients. The accomplished new additions
Few events have changed our daily lives as significantly as the spread of Covid-19 has. In a matter of days, we went from routinely going out with friends, having parties and other social gatherings, and daily trips to the grocery store to a world filled with delayed weddings, masked and gloved shopping, and curbside pickup
Attorneys and their law firms have more options than ever before for raising capital to supplement or grow their practices. Traditional capital sources like institutional loans involve a cumbersome application process and are hard on the firm and partner balance sheets. After investigating alternative sources of capital for law firms, an increasing number of attorneys
More attorneys and law firms are realizing the many benefits of law firm funding, and the service is becoming more common across the globe. This demand has resulted in an influx of funding providers to the market, but the offerings and abilities of these companies vary. Attorneys considering law firm funding solutions must choose the
Law firms often walk a precarious financial line, balancing the potential for large settlements or judgments in the future against the time and expense needed to build a winning case. Discerning law firms know how to leverage pre-settlement funding to support current litigation and firm health and growth. Collateralizing winning cases before they’re resolved allows
Cash flow limitations constrain law firms and prevent the realization of full business potential.
Corporate counsel work under immense pressure to protect and advocate for the companies they serve.
Civil defense law firms provide legal guidance and services to businesses and individuals with a lot at stake.