Can a personal injury law firm on contingency get funding?
Yes. Contingency firms qualify based on their operational bank deposits — not anticipated settlement proceeds. We look at your actual monthly revenue over the past 3–6 months.
Is this the same as litigation finance or case funding?
No. Business capital for law firms is operational financing secured by your practice's revenue. Litigation finance is case-specific funding backed by the expected settlement of a particular case. Both serve different purposes and are not mutually exclusive.
Can a solo attorney or small firm get funded?
Yes. Solo practitioners and small firms with 1–3 attorneys qualify with 1+ years in practice and $30,000+ in monthly revenue.
What can law firm funding be used for?
Any operational expense — payroll, rent, technology, marketing, expert fees, filing costs, associate hiring, and case disbursements. There are no restrictions on use of funds.
Does an attorney's personal credit affect the application?
Yes, but it is one factor among several. Revenue and banking history carry significant weight. Attorneys with strong practice revenue can qualify with credit profiles starting at 500 FICO.
Can I use funding to open a satellite office?
Yes. Office expansion, leasehold improvements, furniture, and technology for a new office location are all eligible uses.
How does a law firm's revenue seasonality affect qualification?
We evaluate 3–6 month average deposits. Seasonal variation in billable hours or settlement timing is factored into our analysis.
Can I get funding if I have outstanding malpractice claims?
Active malpractice claims are evaluated on a case-by-case basis. Resolved claims generally do not impact qualification. Contact us directly to discuss your specific situation.
What is the fastest timeline for law firm funding?
Working capital programs can fund within 24–48 hours. Larger term loans may require 3–5 business days for underwriting.
Can a law firm use funding for a marketing campaign?
Absolutely. Legal marketing — Google Ads, SEO, billboard campaigns, TV advertising — is one of the most common uses of law firm working capital. The ROI on legal marketing is often immediate and measurable.