Defer case costs until settlement
Finance case cost expenditures
One of the many challenges facing contingent-fee law firms is the constant outlay of capital to advance case costs on behalf of their clients. These disbursements often represent a significant portion of the capital tied up in the firm, with carrying costs dragging on profits and constraining their balance sheets.
Calumet’s Case Cost Capital ® program allows firms to defer the cost of these client expenses until final resolution of the case. By allocating the cost of capital to the client account, the firm can preserve its own capital and eliminate these financing costs.
Value for our Clients
Deferring case expenditures and passing along capital costs allows a firm to keep its balance sheet strong while pursuing the best possible financial outcomes for its clients.