How Law Firm Funding Works
Could your law firm benefit from a capital infusion of $100,000 to $10,000,000 or more, with no personal guarantees?
The financial markets have changed dramatically in recent years and as a result Trial Lawyers are burdened with new restrictive banking models and when combined with funding your clients costs and historic IRS expensing timelines it creates a significant strain on your firm’s ability to execute and grow. Lacking access to proper and timely capital resources can put your cash flow and practice at risk while decreasing your profit and opportunities. In addition, using your personal savings and credit cards coupled with personal guarantees and high monthly debt servicing are not only very limiting but inherently risky. American Law Firm Funding, LLC understands your challenges and has developed law firm funding programs specifically for Trial lawyer firms.
To improve your firm’s cash flow and profitability by providing timely capital with flexible non-banking restrictions which ultimately levels the playing field for your clients against the well-financed defendants.
Our Law Firm Funding Solution
American Law Firm Funding has the experience and capability of analyzing, valuing and securing your future anticipated law firm fees while providing capital to you today against those potential and future fees. Further, your law firm funding amount that you’ll receive is not based on your firm or personal balance sheet, personal guarantees, credit scores or other fixed assets. Our core staff of executives, lawyers and administrative personnel have combined more than 45 years in the legal finance industry. The benefit of that experienced team and our law firm funding model results in capital for you today based solely on your future anticipated legal fees and costs and the capital that we are able to fund you is normally much larger and more flexible than traditional banking models and without all the personal risk.
Key Funding Model Summary
• No Personal Guarantees by Firm Partners
• No long term contracts, 6 month minimum
• No restriction on use of Proceeds
• Minimal monthly maintenance fees
• No monthly interest on principal until cases settle
• No insurance
• No Equity, Co-Counsel Fees or other dilution events
• Funding from $100,000 to $10,000,000 or more
• Refinancing at lower rates as your firm portfolio matures and risk decreases
Does it make Sense?
Tort settlement judgments in the U.S. exceeded $250 billion in 2009 alone resulting in an estimated $100 billion in legal fees paid to lawyers nationally. Until recent years, trial lawyers attempted to execute their legal model with very limited financial resources, including their own personal funds and assets. What portion of those billions in pending settlements will your firm capture in future years? To achieve your firm’s financial goals, will you use your own capital while delaying or reducing your personal retirement portfolio or should you leverage your future fees to increase cash flow, reduce risk and increase profits?
Contact Us Today To Get Started
We will develop a plan together. 1-855-CALL ALF or 1-855-225-5253 and/or fill out a contact form online today. There is no cost or obligation to get started.