Confido Legal

Most people outside the legal sector don’t know about the IOLTa program but are surprised/fascinated when I tell them about it. IOLTa in one sentence: Interest on client money held by law firms for a short period of time is pooled at the state level and goes towards funding legal aid in that state. The program is not without controversy and has weathered legal challenges in the past. But it’s hard to deny the good work being done at the tip of the spear. This week Stephanie W. and I got to hear firsthand how the Legal Foundation of Washington is putting IOLTa funds to use. I am proud of the fact that this coming year Confido Legal will deposit hundreds of millions of dollars into IOLTa accounts on behalf of law firms across North America, with that money likely generating hundreds of thousands of dollars in funding for legal aid in this interest rate environment.

Are cashflow challenges holding your firm back? Join #FinanciallyLegal on November 21 at 10:00 AM PST | 1:00 PM EST as Matt Darner from CollBox shares actionable strategies to strengthen cashflow management and reduce outstanding accounts receivable. In this episode, Matt will cover how to create smoother, more predictable cash cycles by refining your billing practices, enhancing collections, and avoiding common financial pitfalls. You’ll also learn ways to proactively manage client expectations around payments and leverage technology to minimize delays. Don’t miss this opportunity to make cashflow work for you! ?? Mark your calendars! ?? https://lnkd.in/gTXujHnq

We’ll be recording this in just a few hours at 10:00AM PST / 1:00PM EST so make sure you tune in if you can. It’s always a pleasure to chat with Emery Wager and I’m looking forward to digging in on the topic of Accounts Receivable, collections, and more!

Catch #FinanciallyLegal with Matt Darner this morning at 10:00 AM PST | 1:00 PM EST to discover proven strategies for smoothing cashflow, especially in the legal industry. Tune in to build a more resilient financial future for your firm!

Ready to level up your firm’s financial game? Tune in to #FinanciallyLegal on November 21 at 10:00 AM PST | 1:00 PM EST for a conversation with Matt Darner, co-founder of CollBox, where we’ll dive into cashflow essentials specifically for law firms. Matt will break down how firms can avoid cashflow disruptions by establishing strong billing systems, tracking KPIs to monitor financial health, and building client communication tactics that ensure timely payments. Plus, learn tips for reducing administrative burden by automating routine collection processes, allowing you to focus more on your clients and less on accounts receivable. Get ready to take control of your firm’s finances—mark your calendars!

In our latest episode, we dive into the world of litigation finance with Evan Meyerson from Burford Capital. ?? Evan explains how litigation funding provides capital for legal claims, allowing law firms and clients to pursue justice without shouldering all the financial risk. The core concept is that investments in legal claims are repaid only if the case succeeds. If the case is unsuccessful, there’s no repayment. If it succeeds, the investor shares in the outcome based on the capital provided. Highlights: ??: How law firms use funding to offset risks in high-stakes cases ??: The difference between single-case funding and portfolio financing ??: Why transparency and aligned incentives matter in litigation finance Tune in to get an inside look at how funding solutions like these can support clients, law firms, and the pursuit of fair outcomes. https://hubs.la/Q02Yr0fC0

Curious about how litigation funding works? In our recent Financially Legal episode, Evan Meyerson from Burford Capital explains the “10-to-1” rule and how this rule of thumb helps align incentives, calculated risks, and profitable outcomes for both clients and investors. ?? Don’t miss it—listen in to understand how litigation finance could impact your cases! https://hubs.la/Q02Yjqq10

Are you curious about legal finance? Is it right for your firm or your clients? Tune in to another live recording of Financially Legal on November 7 at 10:00 AM PT for a conversation with Evan Meyerson, Managing Director at Burford Capital. In this episode, Evan, who heads Burford Capital’s US commercial investment team, will share his expertise on how and when law firms can benefit from innovative funding strategies. With a background as a litigator at Paul, Weiss, Rifkind, Wharton & Garrison LLP and an analyst at Bain Capital Ventures, Evan has a unique perspective on the financial value of commercial claims. Mark your calendars!

Join us later at 10AM PST | 1PM EST for Legal Finance 101 with Evan Meyerson of Burford Capital. Don’t miss this episode! ?

Here are our hot takes from the recent interview with Emery Wager, CEO of Confido Legal: 1?? Confido Legal is redefining payment processing, specifically designed for law firms and legaltech, enabling seamless financial solutions. 2?? By embedding payments within legal applications, Confido Legal helps law firms reduce fees, increase collections, and streamline client experiences. 3?? Legaltech’s reach goes beyond traditional law firms—it’s solving industry-wide challenges from finance to compliance. 4?? Emery’s diverse background as a Marine and writer drives his innovative approach, blending real-world experience with tech. 5?? For the legaltech community, Confido Legal is the partner for reducing administrative burdens and enhancing payment workflows. Connect with Confido in the comments below ??