Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Attorney Funding Capital Increased For Lawyers Who Need Loans By Legal-Bay
- Legal-Bay secures up to US$10MM from Domestic and Foreign Institutional Investors to expand its Attorney Funding Division.

NEW YORK, Nov. 23, 2012 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today that they have secured up to US$10MM from two separate Institutional Investor Groups –one domestically and one foreign- to expand its Attorney Funding Division for law firms that are in need of capital for operations.  The funds are available effective immediately. 

Legal-Bay has become an immediate player in the market for attorney loans in 2012.  The company's Attorney Funding Division has increased its applications and loans to law firms by over 1000% from 2011.  The company believes that the recently increased capital commitment will again increase attorney funding loans dramatically for 2013. 

Legal-Bay reports that capital from Legal Funding Companies has "dried up" on direct loans to law firms due to some "bad apples" in the past.  There are now only a select few companies actually even accepting applications for law firm funding.  However, Legal-Bay's unique underwriting process takes a direct approach to each and every file, with the focus on the law firm's case load – as opposed to credit scores.  This approach is what separates Legal-Bay from traditional Banking Institutions and most firms in the Legal Funding Industry.  The big difference is Legal-Bay fully values "pending cases" as actual "collateral", whereas a traditional bank only accepts hard assets in most cases. 

More importantly, Legal-Bay can tailor a funding program that fits each firm's needs –with servicing of the debt reasonable and ultimate payback of the loan at a time when most advantageous for the firm. Typically this occurs once the firm settles a large case that they had been waiting on for a long time. Funds can be used by the law firm for Case Cost Funding – such as Expert Witnesses and depositions, marketing expenses to grow the business, salaries, or general working capital to run day-to-day operations. 

Patty Kirby, Head of Client Relations at Legal-Bay, assessed the law firm loans Market, "We are seeing a large increase in applications and funding for attorneys in 2012. Specifically, at the end of the year many law firms don't settle many cases and cash flow gets tight over the holidays season.  This is at the same time that their staff and employees are due holiday bonuses. Also at this time of year, lawyers are preparing for large cases or trial costs heading into the New Year. Whatever the specific circumstances may be, we are extremely excited to have obtained this commitment of funding at the perfect time. And we are immediately putting it to good use for law firms who need it before the end of the year." 

Legal-Bay has already "earmarked" close to $1MM for attorney funding loans between now and Christmas for law firms located in Los Angeles, California; Dallas, Texas; Las Vegas, Nevada; New York; New Jersey; and Tampa and Orlando, Florida.  Legal-Bay expects this number to increase substantially by the end of the 1st quarter of 2013.  Lawyers who are interested in obtaining a credit facility from Legal-Bay can expect approvals to take 5-7 business days regardless of your Credit Score or the law firm's Credit Rating.

To begin the applications process contact Legal-Bay via the web at: Lawsuitssettlmentfunding.com where you can learn more about the attorney loans program. Or call Legal-Bay's toll free hotline at 877.571.0405 where an agent can assist you immediately. You may also contact Legal-Bay's Attorney Funding Division directly via email at: info@legal-bay.com.

Contact:  Patricia Kirby, Email: Patty@Legal-bay.com   

 

  

 

 

SOURCE Legal-Bay LLC

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
The BPM world is going through some evolution or changes where traditional business process management solutions really have nowhere to go in terms of development of the road map. In this demo at 15th Cloud Expo, Kyle Hansen, Director of Professional Services at AgilePoint, shows...
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON....
AppZero has announced that its award-winning application migration software is now fully qualified within the Microsoft Azure Certified program. AppZero has undergone extensive technical evaluation with Microsoft Corp., earning its designation as Microsoft Azure Certified. As a r...
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is ...
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE