Advanced Legal Capital

Funding Solutions for Law Firms and Attorneys
Home
About Us
Law Firm Financing
Practice Benefits
Options and Advantages
Personal Injury Funding
Contact Us

 

LAW FIRM FINANCING AND ATTORNEY FUNDING--

A NEW APPROACH 

 

Advanced Legal Capital offers creative law firm financing, attorney line of credit, and law practice loan programs designed specifically for trial attorneys. 

 

Our attorney and law firm funding and financing smooth out the cash flow cycle inherent in a contingency fee practice. 

 

Our innovative options help to maximize case results against well-financed adversaries, while protecting partner assets and reducing stress.

 

They enable trial lawyers to free up non-interest-bearing, after-tax dollars currently invested in costs advanced, and to leverage future contingent fees to pay for firm expansion, practice development, and partner compensation. 

 

Compare our approach to that of the banks.

 

Attorneys are all too aware that banks do not understand or even recognize value of future contingency fees as collateral. Banks cannot and will not make law firm loans or attorney lines of credit based solely on the value of pending case inventory.

 

The lending decisions of banks are based primarily on the personal credit of the individual partners and the value of the attorneys' personal assets.

 

When banks do finance law firms, they usually lend a limited amount that is often inadequate to support firm objectives, so partners are still required to contribute personal capital --and shoulder the risk.

 

Banks also file a broad UCC lien against the assets and "general accounts" of the law practice, encumbering the firm's future fees while at the same time refusing to use their value to increase the loan amount 

 

Banks usually insist that the equity partners sign guarantees, making them personally liable to repay the loan no matter what their case outcomes may be.

 

A bank law firm loan puts partner credit and assets at risk--tying up personal collateral and valuable assets that could be used for other purposes, all for a loan amount that is often insufficient.

  

 

 

Copyright 2009 Advanced Legal Capital LLC

All rights reserved

 

 

 

Successful Trial Attorneys

Know Timing is Everything When it Comes to Financial Resources. 

Unlike Most Lenders, We Have Significant Capital on Hand for Major Law Firm and Attorney Funding.

  

 

Call today for a confidential, professional consultation.

 

A former trial attorney with over two decades of plaintiffs representation and contingency law firm management experience will discuss your requirements, case collateral, and the range of options available for your firm. We look forward to hearing from you.

 

Call 206.283.2041

 

CUSTOM OPTIONS FOR LAW FIRM AND ATTORNEY LOANS--

EVEN IN TODAY'S ECONOMY 

 

As trial attorneys are well aware, due to the economic downturn and "credit crisis," banks are no longer lending or increasing credit to law firms and attorneys when they need it most.

  

Combined with the inevitable "feast or famine" nature of a contingency fee practice, and the costs of litigation, this creates severe cash flow problems and financial uncertainty for trial attorneys and law firms.

 

In even the best of times, many practitioners are forced to mortgage their own real property or pledge other assets to support a personal loan that is then used to support the law practice.

 

The result is unnecessary stress and uncertainty that take attention away from what should be the attorney's main focus: practicing law at the highest level, and maximizing results for both the client and the firm.

 

A better way to fund your success.

 

As our numerous satisfied law firm loan clients have discovered, Advanced Legal Capital provides better law firm loan and attorney funding solutions, all based 

upon the practitioner's most valuable asset: future contingency fees. 

 

Because of our expertise in valuing contingency fee cases, our law firm loan and attorney funding programs advance significantly higher amounts of immediate working capital based on anticipated fees than traditional lenders have ever been able or willing to do.

 

In addition, unlike many lenders today, we are not dependent on institutional lenders or banks for funding.

 

Our considerable financial resources continue to be extensive and in fact have increased during the recent economic downturn.

  

We have large amounts of capital on hand and readily available for law firm financing, attorney lines of credit, loans to law practices, and non-recourse funding for contingency fee practitioners and law firms.

  

 

For the PRACTICE BENEFITS OF FUNDING,

click HERE.

 

For more about our PROGRAM OPTIONS,

click HERE.