We enable law firms to expand their business, manage risk and maintain cash flow.
An increasing number of firms are seeking law firm finance solutions to help drive business development and growth, and to allow them to move more quickly to support clients. Woodsford has an in-depth understanding of the law firm finance, particularly those with a substantial amount of claimant litigation and arbitration work. We work with leading law firms to deliver a range of finance options that enable effective cash flow management, as well as managing and mitigating risk.
Finance solutions don’t have to be about financing specific litigation or arbitration cases. They can also act as a strategic business investment, providing a means of expansion that minimises risk and cost. More than this, finance secured against a portfolio of cases can also help law firms remain competitive and flexible – and critically to differentiate themselves in an increasingly discount-driven industry.
Specialised law firm finance
Specialised law firm finance solutions are a more strategic and usually a more appropriate investment option than traditional bank loans or partner finance. With banks’ lack of understanding of the business of law generally and litigation risk specifically, appropriate finance can be difficult to obtain.
Woodsford’s range of law firm financing options provide a highly structured, partnership approach to finance that can drive higher returns and significantly reduce risk for law firms around the world.
Why choose Woodsford?
Our proven in-house expertise and experience ensures our senior team members can advise on, and deliver, flexible finance solutions secured against a portfolio of cases. As a result, firms are better positioned to seek additional growth opportunities as a result of increased capital and reduced risk.
We can offer lending facilities to firms which may be linked to the firm’s contingent or conditional returns on a given case, or portfolio of cases. We can accelerate receipt of fees, providing capital that firms can immediately recognise as revenue and utilise for any purpose.