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...

This is the third in a series of four short videos documenting the experience and process of receiving specialist law firm funding for our client, Jerry Nkeli Attorneys. In this video, CEO of Taurus Capital, Elad Smadja, and Mr Nkeli, unpack the fundamental...

This is the second in a series of four short videos documenting the experience and process of receiving specialist law firm funding for our client, Jerry Nkeli Attorneys. In this video, CEO of Taurus Capital, Elad Smadja, details the process of working hand-in-hand...

The Taurus Capital team interviewed Manager Partner of Jerry Nkeli Attorneys to unpack his experience of receiving specialist funding to sustain and grow his law practice.

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...

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...

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...

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...

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...

Litigating personal injury matters on a contingency fee basis places a heavy cashflow burden on most firms in the short-term. For those practices that can sustain the protracted dips and gaps in liquidity, the long-game is financially worthwhile. The challenge in...

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...

It is our recommendation that this article is read in conjunction with an earlier piece published on Taurus Capital’s website, titled, the Interest Tax Shield, dated March 16th, 2020. Funding your law firm To secure growth and earnings for a law firm and its partners,...

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...

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...

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...

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...

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.