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The Challenges of Financing Contingency Fee-Based Legal Practices

Article explores causes and implications from a practice management perspective

October 15, 2008

Contingency fee-based law firms are capital-intensive businesses which face unique challenges in sourcing the financing required to operate efficiently. This article explores some of the causes and implications of this situation from a practice management perspective and evaluates various alternatives available to law firms facing financing constraints.

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The Challenges of Financing Contingency Fee-Based Legal Practices