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Law Firm Funding
Law firm funding designed to help you succeed.
Baker Street Funding provides law firms with investment financing options for a wide range of practice areas, including personal injury, mass tort, and corporate matters. Our vast expertise enables us to comprehend your firm’s business objectives and matters regardless of the sort of cases you handle. There is no limitation to how you use the capital you take from us; thus, you can enhance your law firm in the best way you see fit.
GET 2% MONTHLY
NON-COMPOUNDING
INTEREST RATES
Special relationship based pricing for all law firm referred cases.
Baker Street Funding is the only company in the United States providing special relationship-based pricing for law firm referred cases.
2% – 3 % monthly non-compounding
For all attorney referrals.
What is law firm funding?
Law firm funding is also known as legal financing, law firm portfolio funding, law firm loans, or law firm finance. Law firm funding is non-recourse and provides more considerable capital faster and cheaper and on a non-recourse basis which is a huge advantage to conventional loans. Essentially, law firm financing is a viable option for attorneys and law firms looking to alleviate the uneven cash flow cycle connected with contingency basis and all practice areas without putting up any assets. This makes law firm financing a critical solution to growing your business.
Law firm funding has its benefits.
Whether you run a small law firm or a large practice, law firm financing enables attorneys to focus exclusively on litigating matters and improve litigation results.
Law firm funding is safe and secure
Legal funding for law firm practices is a safe and secure financing solution that allows lawyers to keep their assets intact. Funding your law firm means you are obtaining non-recourse capital in exchange for a percentage of the financial recovery from a single case or a pending portfolio of lawsuits.
Law firm funding covers the costs of your practice
Funding for lawyers is a novel way to cover litigation and law firm expenses, expand client services, and maximize cash flow. You could avoid lucrative forwarding cases to other law firms or dividing payments with other lawyers to save money.
Law firm financing levels the playing field against big pocketed defendants
Law firm funding empowers financially deprived parties with legitimate claims get the needed capital to handle complicated litigation.
Law firm funding is safe and secure
Legal funding for law firm practices is a safe and secure financing solution that allows lawyers to keep their assets intact. Funding your law firm means you are obtaining non-recourse capital in exchange for a percentage of the financial recovery from a single case or a pending portfolio of lawsuits.
Law firm funding covers the costs of your practice
Funding for lawyers is a novel way to cover litigation and law firm expenses, expand client services, and maximize cash flow. You could avoid lucrative forwarding cases to other law firms or dividing payments with other lawyers to save money.
Law firm financing levels the playing field against big pocketed defendants
Law firm funding empowers financially deprived parties with legitimate claims get the needed capital to handle complicated litigation.
Law firm funding is non-recourse capital.
Law firm funding enables attorneys and law firms to be compensated for future income by utilizing non-recourse capital. Non-recourse financing is a type of legal funding that permits funders to be compensated only from the profits generated by the successful settlement or the award of a legal case. If the case ends as a loss, a funding company cannot collect payment from any other assets. Another advantage is that you are not required to make set payments. Depending on your financial status and field of activity, law firm financing may also assist in resolving collection issues.
Why fund your law firm with Baker Street Funding?
Following are some of the benefits of availing law firm financing from Baker Street Funding:
Simple interest rate at 2% monthly
While most law firm funding companies charge compounding interest on legal financing, Baker Street Funding works differently. We are the only company in the industry that charges rates on capital drawn on your line of credit and not on interest. Plus, there are no pre-payment penalties, maintenance, or draw fees—get interest rates at 2% non-compounding.
Fast cash in hand and working capital
Baker Street Funding allows attorneys and legal firms to monetize intangible assets, create operating money, and, when required, establish a buffer for personal costs—with cash in hand in 72 hours or less.
Expansion of the law firm with larger funding
Baker Street Funding's investment for law firms helps attorneys and law firms to grow their practices—for less cost. We also provide lawyers with much more funding for their legal firms than other litigation funding companies.
How is law firm financing structured?
Applying for law firm finance with Baker Street Funding is a simple and fast procedure that takes 48 to 72 hours. Get in touch with us to discuss your legal firm’s finance requirements and the security that will be used. Our staff will review the possibility and suggest customized terms based on the investment’s significant risks, as well as the particular demands of your own law firm.
Review
Once we receive your law firm funding request, we will review your application package, including your basic information and list of cases.
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.
Approval
Final terms are generated, and a contract is sent for your approval. Once approved and executed, we will wire out the law firm funds to your business account that day.
Connect with your opportunity attorney and law firm funding expert.
Please kindly submit your client or law firm legal funding request or call us at 888-711-3599 to learn more.
Baker Street Funding
Florida Office:
780 5th Ave. South, Suite # 200, Naples, Florida 34102
New York Office:
77 Water Street, 7th Floor, New York, New York 10005
- Attorney requests
Open now (888) 711-3599
- Submit your case
Fax #: (518) 500-3056
Learn more about our litigation finance options.
This short explanation on creating your own law firm will assist you in determining the steps necessary to establish and operate your law firm.
The financing of a law firm is an extremely sensitive subject for attorneys and legal professionals to address. If you are an attorney running or managing a law firm, it is vital to understand and discuss the financials of a law firm.
Have a financial plan
When starting and operating a law firm, it is vital to have a documented financial plan in place to anticipate important financial elements. Having a thorough strategy can also assist you in determining your anticipated cash flow. Additionally, a financial plan may include details regarding your firm’s current monetary condition.
Be realistic
The more realistic and accurate the information in these plans, the better equipped you will be to choose the most appropriate financing structure for your law firm. Having a financial strategy in place is a significant undertaking. However, it is also important to collaborate with financial advisers and accountants who have a track record of success in dealing with attorneys who founded their own law firms.
Getting more help
Several non-profits and other organizations provide helpful tools, business plan models, and even subsidized services to attorneys interested in starting their own law firm.
Take your time to make the best financial decisions for you, your law firm, and your clients. Acquaint yourself with the numerous financing choices we provide and speak with a representative from Baker Street Funding today.
Law firms work in a highly competitive climate marked by rising client expectations and lower pressure on legal prices. Law firms’ financing choices are bank loans such as SBA loans and other traditional means. However, these options sometimes force partners to put their personal assets on the line to raise funds for the firm’s expansion and operations.
The main reason attorneys use law firm financing is because they require a consistent flow of operating money to operate properly and prosper in a competitive market when confronted with late payments, out-of-pocket legal fees, marketing initiatives, and extended proceedings.
Without sufficient funds, law firms may be unable to conduct important financial initiatives aimed at acquiring new clients.
Baker Street Funding offers all types of funding for most lawsuits, including post-settlement financing, plaintiff funding, and portfolio funding, on a non-recourse basis.