Attorney funding
Find law firm loans up to $10,000,000.
Baker Street Funding is one of the global leaders in providing special relationship-based pricing for law firm referred cases. Get bespoke legal financial options for you or your clients. Maximize the value of your litigation or arbitration. Get the money your law firm needs.
Get the right financing for your law firm and your clients.
The attorney funding relationship you need.
Baker Street Funding was designed to strategically connect select legal funding opportunities with our extensive network of sophisticated partners and staff with the utmost discretion to attorneys and their clients. We actively maintain strong relationships with top professional allocators in the United States and take a holistic approach to the cases we analyze using our combined skill sets to protect your interests and those of your clients. Baker Street Funding offers attorney funding and plaintiff loans with much lower interest rates than other legal funding companies when you partner up with us. This price is only for attorney referred cases.
A partner with wide-ranging legal finance industry expertise.
At Baker Street Funding, we strive to develop partnerships with attorneys nationwide and in every state to provide reliable, quick, and efficient legal funding solutions for their clients and themselves. We offer multiple financing options such as pre and post-settlement funding for plaintiffs and lawyer funding for counsel. We understand that clients and attorneys alike need quick access to capital to help drive the maximum amount of value possible out of their cases. For over ten years, we have organically built our business within the finance industry with accelerating momentum.
An advocate for you and your practice.
You strive to be an advocate for your clients, and we want to be an advocate for you and your practice. Baker Street Funding provides bespoke financing options for plaintiffs and law firms with lines of credit that allow you to leverage your future case fees to obtain immediate liquidity and pay for litigation-related expenses on new cases, and a lump sum or monthly installments for plaintiffs looking to get an advance from their expected settlement award. These legal financing types are pre-settlement and post-settlement funding available for attorneys and their clients both before and after a signed funding agreement has been dually executed.
The convenience behind law firm loans.
Legal funding agreements are typically referred to as law firm loans, lawyer loans, or attorney lawsuit funding. This type of funding is a non-recourse investment into your future receivables or a client's expected personal injury settlement award. Attorney funding is convenient for financing high costs that litigation brings. Plaintiff funding is helpful for clients in need of immediate funds. Our innovative financial solutions for contingency-fee law firms address trial attorneys' unique liquidity needs, improving cash flow, and profitability. Our attorney financing solutions also address the plaintiff's need offering them special pricing when the case is referred by you. Baker Street Funding provides litigation funding for attorneys and their clients in both the pre and post-settlement timeline of a case.
Decades of contingency fee-based litigation experience.
At Baker Street Funding, we recognize that contingency fees are solid collateral that can secure the money you need now. Our underwriters are all former attorneys with decades of contingency fee-based litigation experience and can help you grow your practice. We only charge interest on funds drawn on your line of credit, and there are no pre-payment penalties, draw fees, or maintenance fees.
The Baker Street Funding difference is through partnerships.
Speed.
Partnerships.
Experience.
We streamline communications to provide a quick turnaround time, your funds are delivered within one day of approval.
Experience.
Partnerships.
Experience.
We have over ten years of experience in the industry. Our review process is one of the fastest within the market.
Partnerships.
Partnerships.
Partnerships.
We establish mutually beneficial partnerships with attorneys nationwide through our results, especially for highly qualified cases.
We know legal funding.
See the legal funding solutions we offer to law firms.
Most law firms that we work with utilize our pre and post-settlement funding options either on a case-by-case basis or based on their current portfolio of receivables. Some attorneys may need a more specialized solution. Baker Street Funding provides products like attorney case financing, corporate litigation funding, surgery lien funding, post-settlement financing for law firms, lawsuit funding for plaintiffs, voucher funding, and attorney lines of credit. Feel free to give us a call so we can discuss further on what fits you best.
Attorney case financing.
Baker Street Funding takes in all factors for the litigation, including past cases that you have successfully litigated.
- Find favorable solutions for your practice
Baker Street Funding has designed legal funding solutions with attorneys in mind. We know how traditional financing agreements are structured, and we have found a more favorable solution for our clients.
- Put your ambitions into action.
With our bespoke financial opportunities, you will never have to provide traditional collateral, such as personal guarantees or real estate. We take your receivables and current and former case inventories into account to help structure the perfect non-recourse funding agreements for your needs.
- Funds are immediately available.
Our approval process is quick and easy. Once approved, we purchase a portion of your future receivables and provide you with either cash or a line of credit immediately. We can make all the funds immediately available or structure monthly investment payments with staggering rates of return.
- Helping you win anywhere.
We will typically purchase anywhere from 10-50% of your future fees to secure our investment into your practice. There is no limitation to how you use the capital you take from us, so rest assured that you will be able to enhance your practice in any way you see fit.
Corporate litigation funding.
Baker Street Funding helps navigate the waters of high profile corporate litigation funding, all the way to success. The expansion of the commercial litigation funding space has opened up a tremendous opportunity for plaintiffs and investors alike. At Baker Street Funding team of advisors, former litigators, and executives help investors, plaintiffs, and their attorneys navigate the waters of high profile corporate litigation while providing everyone with the tools needed for success.
- For attorneys
For attorneys and their firms, institutional litigation financing provides a hedge against contingency fees and a way to help manage the cost of litigating a large corporate claim.
- For companies.
Corporate litigation funding is for companies that hold substantial and meritorious claims but cannot bear the financial burden of pursuing those claims; litigation funding provides an effective way to eliminate the high capital outlay and risk of business litigation.
- For investors.
For investors, institutional litigation funding provides a rare opportunity to invest in a negatively-correlated asset with high return potential and diversity.
Medical and surgery lien funding.
At Baker Street Funding, we provide surgical funding in connection with personal injury cases. All of our underwriters are former personal injury attorneys with extensive experience. They perform a quick review of the underlying facts surrounding the case and make a fast decision. With a quick response time and high speed of service, we regularly help personal injury victims receive the medical care they need ranging from minimally invasive surgeries to complex surgical procedures while strengthening the case.
- Maximize the settlement.
We help attorneys maximize their client's settlement by providing plaintiffs with much-needed liquidity.
- No risk for surgeons.
There is no risk for surgeons as they are directly paid in full pre-operation.
Post-settlement financing for lawyers.
To illustrate how our process works, you can look at a mass tort focused firm that has settled 100 claims. The firms' combined fees are $2 million. Rather than wait to receive payment as settlement checks arrive, the firm can immediately access up to $1.6 million of those fees through our post-settlement funding program.
- Transform future fees to immediate cash.
Our post-settlement funding program is tailor-made for attorneys to gain early access to future collectible fees on settled claims.
- Secure the capital you need.
We see contingency fees as the lifeblood of any legal practice and can provide you with financing arrangements that you can not get from any bank.
- Get quick access to attorney post-settlement fees.
Our quick financing process is streamlined to provide you with immediate access to non-recourse financing. No monthly payments are required and repayment is done upon collection.
Attorney, plaintiff lawsuit funding.
- Pre-settlement funding for plaintiffs.
Most personal injury cases can take up to two years to settle and payout. When plaintiffs have exhausted all other financing options available to them, we recommend looking into plaintiff pre-settlement funding.
- Cases are priced individually due to the risk.
While the risk profile of any case could be high, cases that have yet to settle carry a large amount of risk. This is why the cost of pre-settlement funding is sometimes high and priced individually because of the inherent risk of the case not settling for any reason.
- Get much-needed capital for your client at a fair price.
Since our contracts are strictly non-recourse and based on the merits of the case, not the plaintiff's financial profile, through plaintiff funding, we can provide much-needed capital to individuals who may not be able to get financing otherwise.
Attorney, plaintiff post-settlement financing.
- Short term bridge capital available to plaintiffs.
Since settlements are typically not distributed immediately upon signing the settlement agreement, plaintiffs may see themselves in need of short term bridge capital.
- Our settlement funding option could help your client.
For plaintiffs in a tight financial situation, post-settlement funding may be an option. While the risk profile of a settled case is low, there is still a chance that the obligor does not pay, so we price our contracts appropriately.
- Flexible contracts and interest rates.
Post settlement funding for plaintiffs through Baker Street Funding gives the plaintiff the flexibility to change the rates and terms of the contract.
Voucher funding for attorneys
Baker Street Funding is often approached by attorneys appointed as public defenders (also known as indigent defense attorneys). These attorneys are on the state's payroll and receive their legal fees directly from the state that they practice in. Sometimes, when there are economic downturns or other financial issues that the state is subjected to, vouchers are used as a promissory note to pay past-due attorney fees. We have seen attorneys have to wait months to be able to redeem their vouchers. Our voucher funding program works similarly to our post-settlement funding agreements. Once a voucher has been issued to the attorney, he can contact us, and we will advance a portion of the vouchers face value. We will then be paid back from the state when they are able.
Attorneys line of credit
Our attorney lines of credit function almost the same as you would see at your local bank branch. The critical difference with our attorney LOCs is that we can do more due diligence into your practice and thus can provide much larger lines than a bank usually can. Because our legal funding solutions were developed by attorneys, we are familiar with what it takes to run a successful contingency fee-based practice. As expected, as your client portfolio increases, so would your line of credit. We look at it from the perspective of your firm being a living breathing thing and our attorney lines of credit being the heartbeat that helps it grow. Our LOCs will increase in lockstep with your practice as it gets new clients and successfully litigates cases.
The financing process for law firms and attorneys.
Review
Diligence
Diligence
Once we receive your legal funding request, we will review your application package including your basic information and list of cases, or if you are looking for products such as client funding, we will review the case details.
Diligence
Diligence
Diligence
We then proceed with our due diligence and set up a conference call to discuss any questions regarding your portfolio of cases or litigation experience. If you are requesting funding for a plaintiff, we will set up a conference call with you to help value the case.
Approval
Diligence
Approval
Final terms are generated, and a legal funding contract is sent for your approval. Once approved and executed, we will wire out the funds to your business account that day or your client's bank account via wire or FedEx next-day check.