Wednesday, August 12, 2015

Law Firm Finance: Basic Things to Know about Attorney Lines of Credit


Establishing a law firm is definitely a difficult feat to accomplish, especially if you plan on doing it solo, and the last thing you’ll want to do is worry about the financial aspects of running a law firm. Even so, this is a hugely important aspect of financing your own legal practice, and can make all the difference between success and failure. After establishing all the initial financial arrangements necessary for setting up your own law firm, it’s time to deal with lines of credit. Very much like small businesses, you can apply for an unsecured line of credit for your law firm, offered by litigation finance companies that provide aid for attorney funding and commercial litigation funding.
http://www.pravaticapital.com/law-firm-finance-basic-things-know-attorney-lines-credit/

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