Qualified Settlement Funds Solutions
Navigating the legal system and growing your firm are complex enough. Manage your money effortlessly and securely with tools that span from business checking to escrow management.
Settlement Services
Esquire Bank is home to the Premier Settlement Services experts in the country. Our team of dedicated professionals have managed hundreds of settlements for billions of dollars.
Settlement Solutions Tailored For Law Firms
Establish Esquire as the qualified settlement fund administrator to access tailored settlement solutions for law firms, as our dedicated team with extensive experience in managing hundreds of settlements for billions of dollars can provide borrowing options against your settlement fee.
Common Benefits Fee Loan
Esquire can help your firm access a portion of the approved common benefit fees, which can otherwise take years for disbursement approval.
Settle Case
Loans
Access your firm’s fee income in advance and save on interest with a settled case loan from Esquire Bank, allowing you to gain immediate access to your hard-earned fees while awaiting payment.
Escrow Management
Save yourself time and energy with an escrow account that allows you to easily create sub-accounts for each client and make no-hassle disbursements.
Insured Cash Sweep®
An Insured Cash Sweep® is the perfect solution when you have a large amount of cash to manage, but still want the peace of mind you get with FDIC insurance.
CDARs®
CDARS® offers a straightforward way to secure expanded multimillion-dollar FDIC insurance on CD investments, ensuring both safety and competitive returns for your funds.
Drive Value, Fuel Growth
Class action and mass tort cases require substantial financial resources, including funds for medical expert fees, investigations, court costs, and other litigation expenses. These case costs quickly add up. When your law firm has liquidity and capital with Esquire Bank to spend on case disbursements, it can deliver greater client and case value – and ultimately more revenue. At the same time, you can leverage financing to smooth cash flow and fund growth.
The Added Value of Case Cost Financing for Both You and Your Client
Learn how case cost financing enabled Siegel & Coonerty to invest heavily in case resources that helped the firm attain a $10.8 million settlement for its client.
Watch VideoKeep Business Moving and Cash Flowing
Effective cash flow management is crucial for class action and mass tort law firms, as your cases often involve extended litigation periods and delayed settlements. Esquire understands your unique challenges and offers flexible credit facilities and other financial tools to help you maintain a steady cash flow. We can help enable you to cover ongoing operational expenses, such as payroll, overhead costs, and litigation-related expenses, without compromising your ability to pursue justice on behalf of your clients.
The 3 Greatest Advantages to Using Credit to Fund Growth
In the face of market volatility and rising inflation, law firm business owners should consider using credit to realize operational savings and fund law firm growth.
Read MoreGrewal Law
After allying with Esquire Bank, the law firm acquired another firm, doubled up on its personal injury practice and expanded into mass torts, helping to increase revenue 162% in just more than two years.
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