BridgePoint can arrange to "buy" disbursement obligations owing to a law firm upon final resolution of its client files - a working capital financing method conventionally used in other industries to finance account receivables.

• BridgePoint buys from the law firm a pool of disbursements incurred on 'qualified files' at a negotiated discount to their invoice face value.
• Disbursement amounts are collected by the law firm on behalf of BridgePoint in the normal course of business (upon resolution of the files), which ensures no disruption to its ongoing client relationship. It is an invisible process from the perspective of a law firm's clients or other suppliers (medical specialists, accountants, etc.).
• Flexibility to structure the transaction as a "one-off" purchase, or to establish regular acquisitions of disbursement obligations owing to the firm on a monthly, quarterly, or other periodic basis providing on-going cash stability to the law firm.
• Factoring arrangements can provide an effective financing mechanism for buying out a law firm's retiring partners, or financing the expansion of the firm by acquiring files from other third parties.
• BridgePoint's due diligence involves a review of the client files as a pool, and the law firm's internal systems for tracking client files, collections, and financial reporting.

Additional Terms:

• Financing rate (discount to face value of disbursement pool) is dependent on relative age and characteristics of the associated files
• Law firm retains primary relationship with the client. Funds are repaid to BridgePoint from a trust account upon the final resolution of the underlying files
• Minimum transaction size of $50,000
• Administration fees vary with nature and size of the transaction