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How David Beats Goliath

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The third and final section of the book talks about how contingent-fee firms can utilize their capital more efficiently and get better deals from lenders and financing companies. It suggests that financially minded law firms will have a better chance of success than those that focus entirely on their
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referred to the book as "a fast-read" that succeeds in "helping lawyers think about the financial challenges they face, instead of just blindly doing what they have been doing." The book has received almost universal acclaim from trade publications. A review from RD Legal Funding noted that the book
89: 265:. The book never explicitly points out which form of funding is best, noting that there are many variables that may make one source better than another. Swanson notes that, despite the wealth of options at their disposal, many contingent-fee law firms end up with a lackluster asset. 282:
suggested that the book was "a must-read for any lawyer who works on contingent-fee cases," and that "if Swanson’s strategy is applied faithfully, lawyers may lessen their worries about financing their cases, so they can concentrate more on the cases themselves." Writing for
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The book is split up into three sections: Background, Review of Capital Sources, and Application. The first section details basic operational practices that contingent-fee law firms employ. In this section, it notes that many contingent-fee law firms have to front money (or
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The book has been reviewed favorably in trade publications and online outlets. Most reviews have referred to the book's information as valuable for contingent-fee law firms and trial lawyers. Douglass F. Noland of
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The second section details 10 different sources of capital available for contingent-fee law firms. Each of these sources are listed in order from most to least expensive for the firm, and include the following:
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Each of these sources of capital has its own chapter in which it details the pros and cons. Swanson notes that many firms opt to self-finance either with partner's cash or
498: 363: 476: 461: 287:, Morris H. Rosenberg noted that "an attorney needing to raise capital can get a quick overview of the sources available by reading this book." 340: 295:"does a great job explaining the purpose of legal funding" and "how it can ultimately help the broken model of finance for law firms." 17: 502: 317: 163: 428: 188: 541: 386: 177: 187:
and outlines the methods used to secure funding for cases. All proceeds from the book are donated to the
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businessman and financial expert, Michael J. Swanson. The book details the basic financial operation of
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Other reviews referenced the book's relative compactness and ease of reading. Jeffrey Isaac Ehrlich of
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Rosenberg, Morris H. (March 2012). "Funding alternatives for contingency fee firms".
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Ehrlich, Jeffrey Isaac (April 2012). "How David Beats Goliath". Advocate Magazine.
341:"How the Changing Landscape of Legal Funding Affects Contingent-Fee Law Firms" 209: 191:'s Seventh Amendment Fund, which is designed to help protect the right to a 142: 52: 32: 499:""How David Beats Goliath" by Michael J. Swanson of Advocate Capital, Inc" 318:"How David Beats Goliath: A Trial Lawyer's Guide to Financial Management" 184: 82:
How David Beats Goliath: Access to Capital for Contingent-Fee Law Firms
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How David Beats Goliath: Access to Capital for Contingent-Fee Law Firms
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How David Beats Goliath: Access to Capital for Contingent-Fee Law Firms
526: 387:"Book Review: Start-Up Advice For Lawyers in How David Beats Goliath" 217: 220:) that may not be traditionally covered in any law-based education. 208:) for individual cases. The first section also discusses standard 26: 364:"Book Review: How David Beats Goliath by Michael J. Swanson" 427:
Noland, Douglass F. (June 2012). "Battle Contingencies".
57: 47: 157: 149: 137: 129: 119: 111: 103: 95: 501:. RD Legal Funding. 20 June 2012. Archived from 442:Graves, Harmon S. (May 2012). "Book Reviews". 8: 81: 311: 309: 307: 408: 406: 404: 87: 80: 527:Official How David Beats Goliath Website 455: 453: 422: 420: 316:Zoukis, Christopher (1 December 2014). 303: 7: 385:Ecksel, William (1 December 2013). 362:Radic, Randall (11 December 2014). 25: 212:and financial precepts (e.g. the 238:Loans with Interest Pass-Through 189:American Association for Justice 31: 1: 558: 475:Dye, Eric (23 June 2013). 339:Diana (9 September 2014). 86: 46:, as no other articles 542:2011 non-fiction books 320:. The Huffington Post 244:Finance Company Loans 115:Advantage Media Group 444:The Colorado Lawyer 256:Bank Line of Credit 214:time value of money 83: 479:. Epodcast Network 241:Contingent Lenders 232:Settlement Funding 176:is a 2011 book by 99:Michael J. Swanson 65:for suggestions. 55:to this page from 505:on 31 August 2014 292:Advocate Magazine 169: 168: 130:Publication place 79: 78: 16:(Redirected from 549: 515: 514: 512: 510: 495: 489: 488: 486: 484: 472: 466: 465: 457: 448: 447: 439: 433: 432: 424: 415: 414: 410: 399: 398: 396: 394: 382: 376: 375: 373: 371: 359: 353: 352: 350: 348: 336: 330: 329: 327: 325: 313: 247:Vendor Financing 121:Publication date 91: 84: 74: 71: 60: 58:related articles 35: 27: 21: 557: 556: 552: 551: 550: 548: 547: 546: 532: 531: 523: 518: 508: 506: 497: 496: 492: 482: 480: 474: 473: 469: 459: 458: 451: 441: 440: 436: 426: 425: 418: 412: 411: 402: 392: 390: 389:. Capital Press 384: 383: 379: 369: 367: 361: 360: 356: 346: 344: 338: 337: 333: 323: 321: 315: 314: 305: 301: 275: 259: 201: 138:Media type 122: 75: 69: 66: 56: 53:introduce links 36: 23: 22: 15: 12: 11: 5: 555: 553: 545: 544: 534: 533: 530: 529: 522: 521:External links 519: 517: 516: 490: 467: 449: 434: 429:TRIAL Magazine 416: 400: 377: 366:. Blog Critics 354: 331: 302: 300: 297: 280:TRIAL Magazine 274: 271: 258: 257: 254: 251: 250:Appeal Funding 248: 245: 242: 239: 236: 235:Partner's Cash 233: 230: 226: 200: 197: 182:contingent-fee 167: 166: 161: 155: 154: 151: 147: 146: 139: 135: 134: 131: 127: 126: 123: 120: 117: 116: 113: 109: 108: 105: 101: 100: 97: 93: 92: 77: 76: 63:Find link tool 39: 37: 30: 24: 14: 13: 10: 9: 6: 4: 3: 2: 554: 543: 540: 539: 537: 528: 525: 524: 520: 504: 500: 494: 491: 478: 471: 468: 464:. p. 16. 463: 456: 454: 450: 446:. p. 76. 445: 438: 435: 431:. p. 54. 430: 423: 421: 417: 409: 407: 405: 401: 388: 381: 378: 365: 358: 355: 342: 335: 332: 319: 312: 310: 308: 304: 298: 296: 293: 288: 286: 281: 272: 270: 266: 264: 255: 252: 249: 246: 243: 240: 237: 234: 231: 228: 227: 225: 221: 219: 215: 211: 207: 198: 196: 194: 193:trial by jury 190: 186: 183: 179: 175: 174: 165: 164:9781599322506 162: 160: 156: 152: 148: 144: 140: 136: 133:United States 132: 128: 124: 118: 114: 110: 106: 102: 98: 94: 90: 85: 73: 64: 59: 54: 50: 49: 45: 40:This article 38: 34: 29: 28: 19: 507:. Retrieved 503:the original 493: 481:. Retrieved 470: 437: 391:. Retrieved 380: 368:. Retrieved 357: 345:. Retrieved 334: 322:. Retrieved 291: 289: 284: 279: 276: 267: 263:credit cards 260: 253:Credit Cards 222: 202: 172: 171: 170: 70:January 2021 67: 41: 483:10 December 393:10 December 370:26 December 347:10 December 324:10 December 229:Fee Sharing 509:11 October 462:Trial News 343:. PHX News 299:References 285:Trial News 210:accounting 61:; try the 48:link to it 273:Reception 185:law firms 143:Paperback 112:Publisher 51:. Please 536:Category 178:American 104:Language 269:cases. 206:capital 199:Summary 141:Print ( 107:English 218:assets 96:Author 44:orphan 42:is an 150:Pages 511:2014 485:2014 395:2014 372:2014 349:2014 326:2014 216:and 159:ISBN 125:2011 153:139 538:: 452:^ 419:^ 403:^ 306:^ 195:. 513:. 487:. 397:. 374:. 351:. 328:. 145:) 72:) 68:( 20:)

Index

How David Beats Goliath: Access to Capital for Contingent-Fee Law Firms

orphan
link to it
introduce links
related articles
Find link tool

Paperback
ISBN
9781599322506
American
contingent-fee
law firms
American Association for Justice
trial by jury
capital
accounting
time value of money
assets
credit cards



"How David Beats Goliath: A Trial Lawyer's Guide to Financial Management"
"How the Changing Landscape of Legal Funding Affects Contingent-Fee Law Firms"
"Book Review: How David Beats Goliath by Michael J. Swanson"
"Book Review: Start-Up Advice For Lawyers in How David Beats Goliath"

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