Law firm succession and acquisition capital in North Dakota
Criterica Capital provides succession, acquisition and sale capital to contingency-fee firms in North Dakota, and values the case inventory from the record. A written read of the docket comes first.
Where North Dakota firms build their inventory.
Fargo and Bismarck anchor North Dakota's legal market, dominated by the Bakken energy economy. Oil and gas, personal injury (including oilfield injuries), products liability, and commercial litigation are prominent.
- Oil and gas litigation
- Oilfield and personal injury
- Products liability
- Commercial disputes
Three ways a North Dakota 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 North Dakota 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 North Dakota. 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.