Advanced Legal Capital

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LAW FIRM FINANCING--

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 bank lending.

 

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 lend an amount that is truly reflective of the full value of those fees. 

 

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 2011 Advanced Legal Capital LLC

All rights reserved

 

 

 

Successful Trial Attorneys Know

Timing is Critical When Financial Resources are Required. 

 

Call us today for a confidential

consultation.

A former trial attorney with over two decades of plaintiff representation and contingency law firm management experience will discuss your requirements, case collateral, and the range of options available for your firm.

 

 Call 855.253.3863

 -or-

FUNDING FOR TRIAL LAWYERS--

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 collateralize 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 and attorney financing solutions, all of which are 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 to lend based on anticipated fees than traditional lenders have ever been able or willing to offer.

 

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 and attorney financing, law firm loans, and attorney and law firm lines of credit. 

 

To learn about the Practice Benefits, click HERE.

To learn about our Program Options, click HERE.

 

Download application: 

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