Company and Competitor Profile: Padgett Law Group
Overview
Padgett Law Group (PLG) is a distinguished full-service creditors' rights law firm recognized for its comprehensive default legal services. It operates across numerous states in the United States, including Florida, Georgia, Tennessee, Arkansas, Texas, Ohio, Indiana, Pennsylvania, Mississippi, Alabama, and recently expanded into New Jersey. Key operational centers are located in Tallahassee and Tampa (FL), Atlanta (GA), Memphis (TN), Little Rock (AR), and Dallas (TX), among others.
Services
Specializing in creditors' rights, PLG focuses on foreclosure, bankruptcy, replevin, and real estate-owned (REO) services. They provide services on a national platform, including operations in Puerto Rico and the U.S. Virgin Islands, utilizing a state-of-the-art case management system to offer efficient and compliant service delivery aimed at improving financial outcomes for clients.
Strategic Direction and Leadership
PLG is guided by a strong leadership team responsible for its strategic growth:
- Timothy Padgett, Founder and CEO
- Evan Singer, Vice President - Enterprise
- Ryan McManus, Chief Operating Officer
- Laura K. Conrad, VP & General Counsel
- Keena Newmark, VP - Legal Operations
- Hadi Seyed-Ali, Chief Counsel - Client Legal Consulting & Compliance
Additional leadership includes Scott Wilcox (Controller), Kawanna Buggs (Executive Director, Client Development & Business Support), and Robyn Padgett (Chief Development Officer).
Recent Developments and Achievements
PLG's strategic expansion into New Jersey enhances its capability to offer a single-source model for national portfolio management. The firm is continuously advancing its service delivery model through advanced process management and compliance protocols, maintaining its position at the forefront of innovation in legal services.
Key Financials
- Estimated Annual Revenue: $43.4 million
- Number of Employees: 146
- Revenue Per Employee: Approximately $297,000
Competitors
PLG operates in a competitive landscape with firms like:
1. Shuster and Saben: Revenue of $15.6 million with 64 employees
2. Saxena White P.A.: Revenue of $15.8 million with 65 employees
3. Payas Payas and Payas: Revenue of $8.4 million with 39 employees
4. Gaebe Mullen Antonelli & DiMatteo: Revenue of $10.2 million with 33 employees
PLG differentiates itself by focusing on creditors' rights and technological solutions to manage delinquent loans, setting it apart from competitors that may focus on areas like personal injury or family law.
Strategic Considerations
PLG emphasizes its specialization in GSE-compliant practices and technology-driven solutions for loan management, attributes that are pivotal during sales discussions with potential institutional clients. The firm's high revenue per employee metric suggests strong operational efficiency, appealing to clients seeking a competent legal partner.
Contact and Networking
Potential collaborators can contact PLG through their official website. Engagement with the leadership team is also viable during industry events, allowing for insights into their services and industry trends.
