BATON ROUGE, LA – Counsel Financial, a litigation finance and loan servicing firm, has announced the appointment of Nicholas (Nick) D’Aquilla, Esq. as its new Managing Director. This strategic move aims to strengthen the company’s capabilities in finance and servicing. With over a decade of experience in the mass tort industry and as a former civil defense litigator for the Louisiana Department of Justice, D’Aquilla brings a wealth of knowledge and a proven track record of success to his new role.
Throughout his career, D’Aquilla has played a leading role in administering complex settlements, contributing to the resolution of more than 40 mass tort and class action litigations. His expertise spans a range of areas, including environmental, pharmaceutical, medical device, and sexual assault matters.
In his new position, D’Aquilla will focus on enhancing Counsel Financial’s mass tort underwriting processes and loan servicing offerings. He plans to develop advanced valuation models using historical settlement data and utilize his experience as a consultant for legal technology companies to refine the company’s servicing platform.
Paul Cody, President & CEO of Counsel Financial, expressed his excitement about D’Aquilla joining the team. Cody highlighted the unparalleled resources that can now be leveraged by both law firm clients and institutional investors who utilize the company’s servicing platform.
Prior to joining Counsel Financial, D’Aquilla was a crucial member of a complex settlement fund advisory team for a national bank. There, he developed innovative underwriting methodologies and analyzed over $1.5 billion in loan collateral derived from mass tort dockets.
Counsel Financial has been a prominent figure in originating, underwriting, and servicing loans for contingent fee law firms for over two decades. With more than $2 billion in capital investments across 300+ law firms, they have financed the growth of firms in various areas of plaintiffs’ litigation.
This strategic leadership appointment aims to further strengthen Counsel Financial’s position in the industry, solidifying its commitment to providing top-notch litigation finance and loan servicing solutions.