The function
The precedent exists in every mature asset class.
Capital allocators in every mature asset class rely on independent valuation: appraisers in real estate, rating agencies in structured credit, third-party marks in mortgage servicing. Capital exposed to contingency-fee legal assets has had no equivalent. Values are typically set by the firm's own case estimates or the investor's internal judgment, and neither withstands scrutiny from examiners, LPs, or auditors.
Who we serve
Different instruments. The same underlying risk.
- Advancing against case inventories and fee receivables, with collateral values and LTV that must hold up to credit committees and examiners.
- Underwriting single cases or portfolios, with marks that must hold up to LPs and auditors.
- Taking positions in fee streams, firm economics, and litigation outcomes, with exposure that must be measured before it is taken.
Engagements
| Engagement | Scope | Deliverable |
|---|---|---|
| 01 / Due Diligence & Valuation | Pre-commitment underwriting of a law firm or case portfolio | Due Diligence Report with Independent Value Estimate |
| 02 / Portfolio Surveillance | Recurring revaluation of an existing asset pool | Recurring Surveillance Report and Mark File |
| 03 / Targeted Reviews | Event-driven analysis of a specific asset, attorney, or situation | Targeted Review Memorandum |
| 04 / Origination | Sourcing, screening, and submitting borrower firms to lenders and banks | Screened Borrower Submission Package |
| 05 / Pipeline Construction | Buy-box definition and funnel design for lender business development | Buy-Box Criteria and Dealflow Strategy |
01 / Due Diligence & Valuation
Pre-commitment underwriting of a law firm or case portfolio. The firm's economics, capacity, and controls; the attorneys' record and conduct history; the case inventory's merits, posture, concentration, and expected duration; and the market conditions bearing on resolution. The engagement concludes with an independent estimate of asset value and the reasoning behind it.
02 / Portfolio Surveillance
Recurring revaluation of an existing asset pool. Marks are updated on a defined cadence; exposure is tracked by litigation type, jurisdiction, and counsel; duration risk is remeasured as cases age; and drift is reported against the client's own advance-rate or allocation policy. Surveillance is designed so that no quarter's mark is a surprise.
03 / Targeted Reviews
Event-driven analysis of a specific asset, attorney, or situation. Insured conduct reviews, single-case revaluations following a material development, and second opinions on positions already held. Targeted reviews apply the same four-layer framework at the resolution the event requires.
04 / Origination
Deal sourcing built on a decade-plus of direct relationships across the contingent-fee bar. JurRisk identifies borrower firms seeking capital, conducts a first-pass screen against the lender's credit criteria, assembles the diligence submission in a consistent format, and delivers a complete package to the lender or bank. Firms that do not meet the criteria are screened out before they reach the credit desk. The lender retains the credit decision and all transaction terms.
05 / Pipeline Construction
A repeatable dealflow program for lenders entering or scaling in the asset class. JurRisk works with the client to define a written buy-box, practice areas, docket composition, facility size, firm economics, and disqualifying conditions, then builds the funnel that populates it: outreach channels, referral sources, intake standards, qualification gates, and reporting. The output is a business development strategy the lender can run on a recurring basis, with non-qualified borrowers filtered at the top rather than at committee.
Every engagement produces a written, defensible opinion. The scope changes; the standard does not.
Discuss an engagement