What is Your Law Practice Worth? An Interview with Ari P. Kornhaber, Esq. of Esquire Bank – A Banking Perspective

In this interview, Ari P. Kornhaber, Esq. of Esquire Bank discusses how a commercial bank such as Esquire Bank can assist law firms to improve their worth.

As a national commercial bank with a focus on law firms and an affinity for contingency based law firms, Kornhaber explains that Esquire Bank understands the business of law.

When asked about lending to law firms seeking to expand their virtual presence, Kornhaber states: “We love when law firms use our capital to invest in their virtual presence . . . If they are going to be using our capital for case acquisition, that right there provides us with more collateral, which allows us to provide more financing.”

Kornhaber explains that Esquire Bank has experience lending toward law firm acquisition costs, as well as funding partner equity buy-ins.