Law firm succession and acquisition capital in Illinois
Criterica Capital provides succession, acquisition and sale capital to contingency-fee firms in Illinois, and values the case inventory from the record. A written read of the docket comes first.
Where Illinois firms build their inventory.
Chicago anchors one of the nation's largest legal markets, with significant activity downstate. Mass tort, consumer and BIPA class actions, products liability, personal injury, and commercial litigation are central.
- Mass tort and class action inventories
- BIPA and consumer class actions
- Products liability
- Commercial litigation
Three ways a Illinois firm can use its inventory.
Succession capital
Capital so the next generation of partners buys the founders out, repaid from the firm’s fees as cases resolve.
Acquisition capital
Capital for a firm buying another practice or a book of cases, sized on the inventory it acquires.
An outright sale of the practice
The case inventory is valued from the record and the practice is sold, to a buyer we bring or to one you choose.
A written read of the docket.
The docket read
We read the Illinois firm’s docket matter by matter and state what the inventory supports. No obligation, and nothing is said to anyone without your instruction.
Value my practiceValue my practice.
Questions
Yes. Criterica Capital provides succession, acquisition and sale capital to contingency-fee firms, and structures each transaction to the rules of Illinois. Counsel reviews every transaction.
From the record: the stage and venue of each matter, the expected resolution and the fee it should produce. The written read states what the inventory supports.
Yes. It stays with the people working the file, and a confidentiality agreement can be signed before you send the docket.
A case list with stage, venue, filed date and expected fee, a template of the fee agreement, and the partners’ horizon.