Law Firm Financing

Attorney Funding

Case Cost Funding

Appellate Funding

Settlement Fee Advances

Advanced Legal Capital has exclusive programs for attorney funding and law firm financing. Loans are secured by an agreement that provides that the funds advanced plus accumulated interest and fees shall be repaid when the matters in the pending case collateral settle, and any attorneys fees and reimbursable costs are received in good funds by the borrower.  

The cost of such funding depends upon the length of time the funds are likely to be outstanding, the number and perceived risk of the cases pledged, as well the background and proven experience of the borrowing law firm. Of course, this type of funding is more expensive than traditional recourse-based loans or lines due to the higher risk of loss. 

The amount of financing can range from as little as $25,000 to over $1 million, determined primarily by the total anticipated net fees in the case collateral.

Application criteria include:

• Credit score(s) of equity partners
• Length of practice
• Historical firm revenues
• Prior case results
• Existence/amount of any UCC liens

Our lending decisions are made much more quickly than is the case with banks and even other non-traditional lenders. Funding can be underwritten and approved in 7  to 14 days. There is no restriction on the use of the funds.

LAW FIRM FINANCING

Law Firm Lines of Credit

Attorney Lines of Credit

Law Firm Working Capital

Our recourse financing in the form of loans or lines of credit are custom-designed for each law office we fund. They provide a comprehensive and powerful financial management tool for qualified partnerships and law firms--including contingency fee-based practices.

Our law firm financing loans and lines of credit offer competitively priced working capital that can be applied to practice overhead (including case preparation, marketing and advertising, ongoing expenses, and partner compensation).

The line is repaid from fees received as the collateral cases resolve. The line can be increased if required, provided that the pending case collateral remains adequate to support the line, or new case collateral is proposed of sufficient value.

In most larger loans, a partial interest monthly pay is required to reduce overall costs to the client and increase the available credit line. The borrowing firm will be charged only for the amounts that are drawn down.

Credit lines or law firm loans can be underwritten and approved in 7 to 14 days.

Download application: Advanced Legal Capital-Law Firm Loan App rev 1-25-12.pdf

Call 855-253-3863, or e-mail  today, use our Contact Us form, to begin your funding process. 

BUSINESS ADVANTAGES 

In addition to the many practice benefits of our funding programs, our law firm financing, attorney line of credit, and law firm loan options offer many business and tax advantages, including:

2. Partner equity is no longer the firm's major resource for case costs, practice development, or handling dips in cash flow.

3. Borrowing against recoverable case expenditures converts non-deductible litigation costs into tax-deductible firm expense.

4. Capital invested in advanced case costs is freed up, avoiding after-tax interest-free loans to clients.

5. Apply funding to meet fixed and variable costs, payroll and operating expenses, and pay off debt.

Our law firm financing and line of credit programs do not involve any interference in your practice or the handling of your cases.

 For a confidential review of your firm's funding options: