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Tomorrow’s Lawyer, Today

Tomorrow’s Lawyer, Today

The legal profession is notoriously slow to change. In an article titled The Impact Of COVID-19 On How Law Firms Do Business When It Is Just A Memory, author Stephen Mabey opens with a statement by founder of the World Economic Forum, Klaus Schwab: Law firms have...

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Law Firm Finance 101 – Medical Negligence Starter Guide

Law Firm Finance 101 – Medical Negligence Starter Guide

The growth in medical negligence litigation over the last few years is due to a number of interrelated factors. With medical specialists and health budgets spread too thin and a growing awareness of patient’s rights, South Africa has seen an exponential increase in...

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The Perfect Storm for RAF Defendant Attorneys

The Perfect Storm for RAF Defendant Attorneys

On February 18th 2020, Collins Letsoalo (acting Chief Executive of the Road Accident Fund) shook the personal injury world when he sent letters to panel attorneys requesting them to hand over files of all unfinalised cases. An extract from the letter reads: “You are...

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SA Debt Collection in the Time of Covid-19

SA Debt Collection in the Time of Covid-19

According to Rory Voller, the commissioner of the Companies and Intellectual Property Commission (CIPC) during a joint parliamentary committee meeting held on 12 May, over 140 businesses have gone into business rescue during the current financial year, with 37...

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Ventureburn Weekly Round-Up Features Taurus Capital

Ventureburn Weekly Round-Up Features Taurus Capital

View this article on Ventureburn's website: https://ventureburn.com/2020/05/covid-19-and-african-tech-startups-roundup-22-04-2020/ A host of sector-specific funding options have been launched in South Africa. Law firms, advertising agencies and restaurants can all get...

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Interview with CEO of Taurus Capital on CNBC Africa

Interview with CEO of Taurus Capital on CNBC Africa

View this content on the CNBC Africa website: https://www.cnbcafrica.com/videos/2020/05/18/how-this-r300mn-funding-for-sas-law-firms-works/ Due to Covid-19 restrictions, South Africa’s courts have limited proceedings to urgent matters only, hitting the pockets of law...

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R300 million finance available for SA law firms

R300 million finance available for SA law firms

18 May 2020: Although a number of South African law firms have shifted to online consulting solutions, many are under financial strain due to the current delays and limitations at the courts, deeds office, Road Accident Fund and other legal bodies. Only urgent matters...

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Law Firm Finance 101 – Sensible Vs. Senseless Debt

Law Firm Finance 101 – Sensible Vs. Senseless Debt

Many of us were raised on the maxim that “no debt is good debt.” However, you may be surprised to find out that, if used wisely, debt can be wealth generative rather than destructive. In fact, many of the world’s top performing companies use debt funding as a...

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Law Firm Finance 101 – Interest Tax Shield

Law Firm Finance 101 – Interest Tax Shield

Every law firm’s managing partner knows that the key to success is having sufficient capital to fund the daily activities of his/her firm and to fuel future growth. The are only two forms of capital - debt and equity. Very simply, debt is a loan to a firm which is...

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Law Firm Finance- The Cash Gap

Law Firm Finance- The Cash Gap

Any business requires a steady flow of cash in order to continue functioning successfully. This applies equally to companies both large and small, cutting across all industries including law firms. While this basic principle may seem self-evident, it was one of the...

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Law Firm Budgeting

Law Firm Budgeting

Budgeting is one of the primary tools available to help manage your money - whether in your personal life or your law firm. The dreaded “B” word is feared by many as it is often associated with restrictions, headache and a sense of foreboding. However, a good budget...

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Are you doing enough to meet your long-term investment goals?

Are you doing enough to meet your long-term investment goals?

In our experience, many attorneys are not. It’s more important than ever to safeguard personal finances and ensure that one’s investment portfolio is aligned with both long-term investment goals and short-term needs. Surprisingly, despite protecting their clients’ best interests, lawyers are often guilty of falling short when it comes to their own – albeit unintentionally.

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Personal Injury Attorney | Return on Investment

Personal Injury Attorney | Return on Investment

Litigating personal injury matters on contingency basis can be expensive in the short-term, but financially rewarding over time. The challenge in growing a contingent litigation practice is the large expenses which need to be paid upfront to cover marketing costs as well as disbursements. Add to this the protracted cashflow cycle due to the courts and Road Accident Fund and the reality is that you could have significant funds locked up in matters for months and even years…

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How to Finance your Legal Practice

How to Finance your Legal Practice

A lawyer’s journey to a sustainable practice is arduous. Not every firms makes it, and much time and effort are required to grow to the next level. Whether it’s expanding into new offices, hiring additional staff, or funding new legal cases there will be a required upfront investment of time and money before seeing any returns.

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The Business of Law

The Business of Law

It is a misnomer to term any business a simple one, but the business of being a law firm can often be far more arduous than those of other industries. Phil Knight, the founder of Nike, famously said: “Business is like a war without bullets”. However, the business of law is even more taxing because the industry has an underfunded war chest.

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Litigation Game Theory

Litigation Game Theory

Examining litigation and game theory is not a new concept. In South Africa, Taryn Neuhaus has written a fascinating paper titled “Game Theoretic Modeling of Litigation in Engineering Projects” (2015). This article presents some of her premises and conclusions, as well as those of the authorities and academics papers she has referenced.

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Taurus Capital on CliffCentral’s Laws of Life with Garry Hertzberg

Taurus Capital on CliffCentral’s Laws of Life with Garry Hertzberg

Litigation is expensive and comes with enormous risk. With litigation funding available in South Africa, the legal landscape has changed for those who would not normally have access to our courts. Simon Kuper and Gary Sweiden are in the CliffCentral studio with Garry Hertzberg to explain the concept.

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Taurus Capital Q & A

Taurus Capital Q & A

WebGap’s Clayton Timcke sat down with his newest client Taurus Capital and its founders Simon Kuper and Gary Sweidan to ask a few questions about Taurus Capital, its services, and litigation funding in South Africa.

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