What is Parnell & Crum?
Founded in 1979 in Montgomery, Alabama, Parnell & Crum is a long-standing legal practice with a primary focus on collections, commercial litigation, and real estate law. Over its 37-year history, the firm has expanded its expertise to include foreclosures, banking litigation, insurance subrogation, bankruptcy, and landlord-tenant law. Now operating as a multi-state firm with offices in Alabama, Mississippi, South Carolina, and Tennessee, Parnell & Crum serves clients in state and federal courts across these regions. The firm employs eight attorneys and 45 staff members, emphasizing client updates and exceeding expectations. They are known for providing results at affordable rates, offering flat-fee pricing or contingency arrangements, and competing effectively with other law firms and collection agencies.
How much funding has Parnell & Crum raised?
Parnell & Crum has raised a total of $173K across 1 funding round:
Debt
$173K
Debt (2021): $173K with participation from PPP
Key Investors in Parnell & Crum
PPP
Public-Private Partnership
What's next for Parnell & Crum?
With substantial late-stage capital infusion, Parnell & Crum is poised for strategic advancements. The recent major strategic investment suggests a focus on enhancing its multi-state operational capabilities, potentially through further geographic expansion, technology adoption for improved client service, or the acquisition of complementary legal practices. This backing will likely enable the firm to solidify its market position in collections, commercial litigation, and real estate law, while continuing to offer competitive and affordable legal solutions to a broader client base. The firm's commitment to integrity and client results, coupled with this financial backing, positions it for sustained growth and influence in the Southeastern United States legal landscape.
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