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Law firm risk sharing and revenue generation

June 28, 2022
Alyx Pattison

Summary

Legal finance equips firms to build and expand contingency practices to meet client demand, solve the partner compensation problem, weather the cost and risk of such an undertaking and reap the financial rewards upon resolution of the matters in a portfolio.

As the world experiences a potentially drawn out economic downturn, law firms and their clients will face increased pressure to do more with less. Ahead of this downturn, according to the 2019 Managing Legal Risk report, 67% of CFOs and finance professionals sai…

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