--- title: Class action firm spins off from former firm, grows to nearly 100 lawyers, and secures $3bn+ in settlements with Counsel Financial's support description: Dallas mass tort firm secures $8MM financing, enhancing financial stability and operational flexibility with a blended solution from Counsel Financial and Western Alliance Bank. image: https://counselfinancial.com/hubfs/2024%20Website/Images/city-6.jpg --- [Skip to content](https://counselfinancial.com/case-studies/class-action-firm-spin-off-secures-3bn-in-settlements#main-content) [![Brandmark](https://counselfinancial.com/hubfs/2024%20Website/Brand%20Logos/Brandmark.svg "Brandmark")](https://counselfinancial.com/) [![Counsel Financial](https://counselfinancial.com/hubfs/2024%20Website/Brand%20Logos/Text-Logo.svg "Counsel Financial")](https://counselfinancial.com/) - [Law Firms](https://counselfinancial.com/law-firms) - [Capital Providers](https://counselfinancial.com/captial-providers) - About Us Show submenu for About Us ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/arrow-down.svg) - [Loan Process](https://counselfinancial.com/about/loan-process) - [Our Team](https://counselfinancial.com/about/our-team) - [Lending Philosophy](https://counselfinancial.com/about/lending-philosophy) - [Contact](https://counselfinancial.com/contact) - Resources Show submenu for Resources ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/arrow-down.svg) - [Blog](https://counselfinancial.com/blog) - [Case Studies](https://counselfinancial.com/case-studies) - [Law Firms](https://counselfinancial.com/law-firms) - [Capital Providers](https://counselfinancial.com/captial-providers) - About Us Show submenu for About Us ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/arrow-down.svg) - [Loan Process](https://counselfinancial.com/about/loan-process) - [Our Team](https://counselfinancial.com/about/our-team) - [Lending Philosophy](https://counselfinancial.com/about/lending-philosophy) - [Contact](https://counselfinancial.com/contact) - Resources Show submenu for Resources ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/arrow-down.svg) - [Blog](https://counselfinancial.com/blog) - [Case Studies](https://counselfinancial.com/case-studies) [Request a Meeting ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/button-arrow-blue.svg)](https://counselfinancial.com/request-a-meeting) [Contact ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/button-arrow-blue.svg)](https://counselfinancial.com/contact) resources ▸ case study # Class action firm spins off from former firm, grows to nearly 100 lawyers, and secures $3bn+ in settlements with Counsel Financial's support ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/theme-assets/hero-pattern.svg) 15x+ increase in collateral value since initial financing $3bn+ achieved in class action settlements as lead/co-lead counsel 10x growth in staff size from 4 to nearly 100 lawyers The Challenge The firm lacked capital to spin out from a larger firm and secure traditional financing for high-cost, long-duration cases. The Solution Counsel Financial provided initial spin-out funding, facilitating firm independence and subsequent growth. Over multiple engagements, the firm returned to Counsel for resources to sustain its rapid expansion. The Outcome Since partnering with Counsel Financial, the firm has achieved extraordinary growth and market leadership in complex class action litigation. Leveraging Counsel’s support, the firm expanded from four partners and staff to nearly 100 lawyers, with collateral value increasing more than 15x. As lead or co-lead counsel in multiple high-profile antitrust, environmental, and breach of contract class actions, the firm secured over $3 billion in settlements for class members. These achievements have established the firm as a dominant force in the class action space while delivering exceptional results for clients. ## At a glance - Firm Location Texas & Louisiana - Firm Size Large - Practice Areas Class Action, Antitrust, Environmental Law ## Recent Case Studies ### [![](https://counselfinancial.com/hs-fs/hubfs/2024%20Website/Images/office-5.jpg?width=352&name=office-5.jpg) Dallas mass tort firm secures $8mm financing facility with Counsel Financial Learn More ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/theme-assets/link-graphic-green.svg)](https://counselfinancial.com/case-studies/dallas-mass-tort-firm-secures-8mm-financing-facility-with-counsel-financial) ### [![](https://counselfinancial.com/hs-fs/hubfs/2024%20Website/Images/office-7.jpg?width=352&name=office-7.jpg) Atlanta personal injury firm scales revenue from $6mm to $30mm+ and secures $5mm financing facility with Counsel Financial Learn More ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/theme-assets/link-graphic-green.svg)](https://counselfinancial.com/case-studies/atlanta-personal-injury-firm-scales-revenue-from-6mm-to-30mm) ### [![](https://counselfinancial.com/hs-fs/hubfs/2024%20Website/Images/office-9.jpg?width=352&name=office-9.jpg) South Carolina personal injury firm leverages $40mm financing for acquisition and succession planning Learn More ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/theme-assets/link-graphic-green.svg)](https://counselfinancial.com/case-studies/sc-personal-injury-firm-acquisition-and-succession-planning) ## Let’s explore your options. Our team is ready to discuss how our wide range of financing services can benefit you. [Schedule a Call ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/button-arrow-light.svg)](https://counselfinancial.com/request-a-meeting) ![Counsel Financial](https://counselfinancial.com/hubfs/2024%20Website/Brand%20Logos/Full-Logo-Stacked.svg) ![minimal-brandmark](https://counselfinancial.com/hubfs/2024%20Website/Brand%20Logos/minimal-brandmark.svg) - [![location](https://counselfinancial.com/hubfs/2024%20Website/Icons/location.svg) 500 Pearl St., 
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