NJAJ’s Business Partners for Justice program connects companies that share our commitment to justice for all with our members.

We encourage all members to learn more about NJAJ's Business Partners, the services they provide, and support their businesses whenever possible.

This month, we're pleased to highlight our Business Partner Esquire Bank through a Q&A with the company's Managing Director, Jennifer Janof.

Q: How does Esquire Bank help trial lawyers?

As the litigation industry is becoming more competitive, plaintiffs law firms are pressured into spending more on marketing, adding attorneys, expanding into new practice areas and geography. These investments require capital.

At Esquire Bank, we provide tailored financing solutions that free up capital tied up in a firm’s case costs so they can invest that money in key business areas to drive sustainable growth. Traditional methods of funding tend to fall short in comparison. Self-funding firms looking to achieve scaling growth will experience limitations as available capital is expended in cases with long durations. Working with a traditional bank that doesn’t understand how to valuate contingent case inventory often results in constrained levels of capital that fail to meet the firm’s growth goals.

Our lending experts understand plaintiffs law firms and how to evaluate your docket, use it as the basis for collateral, and provide adequate levels of credit facilities. By offering a case cost line of credit, along with the tools to monitor, track and manage the related financial accounting, all provided with low, competitive bank rates, our case cost financing enables firms to achieve greater business agility, growth and client impact.

We also provide fee-free banking solutions for law firms. We don’t charge for wires, positive pay, or remote deposit. And you won’t need to keep running down to the bank branch.

Q: Tell us something new or unique about Esquire Bank.

Esquire Bank is the preferred banking partner for many of our nation’s leading plaintiffs law firms. We are solely focused on working with law firms, specifically contingency fee law firms. We truly understand your business, something many of our customers say their local traditional bank cannot provide.

But even more unique is our commitment to partnering with law firms to determine how to scale their firms, invest in marketing and technology, or make introductions to other law firms to establish referral partnerships. As a bank founded by lawyers for lawyers, Esquire Bank is a true strategic partner with experience in the litigation industry.

Q: How is NJAJ important to you?

NJAJ is important to me because Esquire Bank aligns with NJAJ’s mission and members. We stand with NJAJ and other state and national justice and trial lawyer associations against tort reform – something other large banks don’t do.

As a business partner of NJAJ, we stand together in the fight for justice. We also serve as the official bank of NATLE (National Association of Trial Lawyers), provide banking solutions and services to the American Association of Justice (AAJ), and serve as the preferred bank of many trial lawyer organizations across the country.

NJAJ is also important to me personally. As a New Jersey resident myself, I'm deeply committed to supporting the legal community in our state. That’s why I am passionate about helping the law firms in NJ achieve their goals.

If you have additional questions or would like to learn more about Esquire Bank and its services, you can reach Jennifer at Jennifer.Janof@esqbank.com or by phone 727-486-0549.