Convert Expected Fees to Cash
Our post-settlement funding provides you an advance on your anticipated attorneys’ fees and reimbursable expenses on settled cases—immediately. By viewing contingent fees as your firm’s most valuable asset, we can provide you much more financing than a bank at some of the lowest rates in the industry.
Benefits of Post-Settlement Financing
A firm has 100 settled cases in mass tort litigation. The firm’s fees from the cases (net of amounts due to other attorneys) are $1 million. Rather than wait to receive payment, the firm can obtain post-settlement funding from Counsel Financial and receive up to 80% of its anticipated fees (i.e. $800,000)—immediately.
Non-Recourse Law Firm Funding Alternatives
We offer financing on both a recourse basis and a non-recourse basis.
We tailor our financial products on your particular needs and the law firm’s priorities. When funding is structured as a non-recourse advance of capital, only the cases serve as collateral for the loan. This means that there is no repayment to Counsel Financial unless you achieve a successful resolution of your case or the portfolio of cases that serve as our collateral.
The good news for you, the borrower, is that there are no personal guaranties and therefore, no personal liability for any amounts not collectible in the case(s). Ask us if this special financing platform is right for your law firm needs.