Listing Agent: Contingency Law Firms Should Utilize a Payoff Sheet
NCBA Law Practice Management Blog
OCTOBER 29, 2023
Contingency firms scratch a bunch of lottery tickets, and sometimes get a (big) hit. I mean, it’s a little better than the lottery, because there is some skill involved; but, it is a lottery. So, when that endorphin rush of a big hit, um. hits – it’s easy to just plow that money into a new Maserati. But, you have other obligations , as well. The best strategy to employ, then, is to create a payoff sheet for settlements.
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