Invenio LLP

In today's Invenio Insight, Founding Partner Ed Gehres discusses a number of ways in which plaintiffs law firms can optimize for operational excellence through team roles, leadership data analysis, and setting measurable outcomes. #InvenioInsight #LegalInnovation

💡 Case Study: Successful Resolution of Complex Law Firm Dissolution 💡 THE CHALLENGE A recent engagement demonstrates Invenio LLP's versatile expertise in serving the plaintiffs' litigation marketplace. Our client was one of two partners in a prominent plaintiffs' law firm that decided it was time for a business divorce. Invenio was initially engaged to lead the valuation of the firm’s mass tort portfolio, but was soon charged with leading the mediation process and drafting all of the transactional documents necessary to effectuate the negotiated divorce. The proceedings were becoming contentious, with multiple disputes regarding a transition agreement, the interpretation of the partnership agreement, and the appropriate procedure for valuation. We were challenged to find a path that preserved value, continued vital client services in the newly-separated operations, and avoided a costly arbitration. OUR APPROACH 1. Case Valuation Expertise: Using our proprietary underwriting flow, financial modeling, and the work of litigation finance experts we trust, we were able to produce a data-driven case portfolio valuation that was both credible and favored our client. 2. Mediation Advocacy: Drawing on decades of experience in disputes and complex negotiations, we led advocacy efforts in a two-stage mediation. This involved introducing complex private credit market and finance concepts to a mediator who was unfamiliar with litigation finance and its valuation techniques. Our knowledge of litigation finance lenders and their pricing and valuation techniques allowed us to answer claims by our opponent and bring a much-needed dose of reality to the final step of negotiations. 3. Corporate Law Solutions: We pivoted directly from the signed settlement term sheet to drafting a bespoke redemption agreement with stringent earnout triggers on settling litigation. This allowed our client to move on quickly but with clarity about how contingent fee wins would be paid out post-divorce. Invenio's unique ability to blend legal asset valuation experience with dispute resolution and transactional law skills in the plaintiffs' litigation sector provided comprehensive support and a successful resolution for our client. #LawFirmDissolution #LegalStrategy #DisputeResolution #TransactionalLaw #PlaintiffsLitigation

Invenio LLP just wrapped up a packed two days meeting with clients and collaborators at Mass Torts Made Perfect in Las Vegas. Takeaways: (1) it’s great to talk about some long awaited settlements but they have been costly and hard fought; and a painstaking administration process will require full alignment among finance, banking, and settlement vendors - for clients sake; (2) the war against plaintiffs and firms using funding to level the playing field with big defense firms is spilling over into the contingent risk insurance markets; and (3) market players that efficiently enhance meaningful client engagement and case development in complex MDLs are more important than ever. #litigationfinance #legalfinance #civiljustice #legalassets #legaltech

AI has many applications in our business at Invenio LLP , especially in our litigation funding and emerging services for distressed assets. Pradyumna Upadrashta is one of the smartest C Suite data scientists I know. This short article gives valuable insights on how foundation models are made and trained to drive enhanced usage by users like us down the line. #AI #Litigationfunding #legalassets #restructuring #Foundationmodels

Who will be in Vegas for Mass Tort Made Perfect next week? Invenio Founding Partners Blake Trueblood & Ed Gehres will be in town and are looking forward to seeing friends and colleagues in the mass tort space and making new connections. Will you be joining us in Vegas? Let us know in the comments below.

🎉 In a few months, the rule change that allowed for the creation of ABS in Arizona will turn three. Click on the link below to read our latest blog post and learn why we’ll be celebrating the milestone here at Invenio, and why it was key to our decision to open operations in Arizona earlier this year. Access blog post here: https://lnkd.in/gSs4zfNG

Finishing up three days of learning and visiting with clients and collaborators at LF Dealmakers in New York. We are gratified to see that our core practice areas at Invenio LLP align with major themes emerging from the week of thought leadership: (1) borrowers and users of litigation finance are under-represented and need more nimble counsel; (2) underwriting of litigation finance transactions for law firm portfolios needs to focus on operations as well case merits; and (3) there is a critical need for political advocacy on how litigation funding is an emerging foundation of our modern civil justice system globally. #litigationfunding #legalfunding #legalassets #civiljustice

Who's attending LF Dealmakers Forum in NYC next week? Ed Gehres and Blake Trueblood will be in town and look forward to seeing everyone. Let us know in the comments if you're attending! #lfdealmakers

One question we often get from clients is: what does the due diligence process typically entail for law firm borrowers of litigation funding? At Invenio, this is something we counsel borrowers on regularly, so here's a quick overview of the process. 1️⃣ After the term sheet with a litigation finance lender is executed, the law firm undergoes an in-depth due diligence process. Initially, the lender evaluates the firm's financial standing by scrutinizing historical tax returns, financial statements, and cash flow projections. The aim is to ensure the firm has the financial health to meet its future debt obligations. 2️⃣ Next, the lender looks at the law firm's active cases to gauge fee and expense collectability while identifying any potential encumbrances or liabilities. Elements like fee agreements, co-counsel partnerships, and the maturity stage of contingency fee cases are considered in this evaluation. 3️⃣ Lastly, an assessment of the firm's operational capabilities is conducted. The lender examines organizational structure, staffing adequacy, and qualifications. The purpose is to confirm that the firm can effectively manage its caseload and generate sufficient revenue for loan repayment. Additionally, client acquisition and retention strategies and marketing and business development plans are scrutinized to determine the firm’s overall credit risk and growth potential. Want to know more about funding? Message Blake Trueblood, Ed Gehres or Sam Lebryk to schedule a consultation. We're happy to help! #LitigationFinance #Underwritingandfunding

📣 Today, we’re sharing the final excerpts from Invenio’s Blake Trueblood and Ed Gehres’ recent appearance on the Legal Funding Journal podcast. 🎤 In this excerpt, the Blake & Ed share their thoughts on how the distressed and special situations market is likely to evolve over the coming years, including growth drivers, the role of data and AI, and the challenges that lie ahead. 🎧 Click the image below to listen to the clip, and if you're a member of LFJ, click this link to listen to the full episode: https://lnkd.in/gx5j4YDM 🎯 Miss the earlier excerpts? You can find them on our company page!