Settled Case Attorney Fee Advances and Post-Settlement Fee Acceleration Loans
Quickly Convert Delayed Fees in Settled Cases into Capital on Hand
Advanced Legal Capital offers a full range of Settled Case Fee Advance and Loan Programs for attorneys and law firms. Sometimes referred to as "settled case fee acceleration loans," "post-settlement fee advances," "post-settlement financing," or "post-settlement fee advance funding," our Settled Case Fee Advance programs provide a prompt, confidential way to convert earned but delayed attorney fees in settled cases into working capital on hand. Advances are available in amounts up to 50% of the firm's net fee in one or more settled cases. There are no restrictions on the use of the advanced funds, and repayment occurs only when the fee used as the basis of the advance or loan are actually received. Our fast turnaround and streamlined process recognizes that time is of the essence when it comes to capital. Our exclusive funding programs require far less paperwork and offer lower rates than any other comparable service. Unlike other funders, our programs have the capital and are ready to make fast decisions and prompt disbursements. Whether the request is for an advance of a million dollars or more, or as little as $25,000, these programs have significant capital on hand and are ready to fund. Rates and fees are fair and highly competitive, and repayment terms are clearly stated in each agreement. As hundreds of Advanced Legal Capital's satisfied trial lawyer clients nationwide have discovered over nearly two decades, the level of professionalism, confidentiality, and responsiveness each applicant experiences during and after the fee advance funding process is unsurpassed. The Solution for a Common Dilemma Experienced trial attorneys know that actual payment in settled cases can sometimes not occur until weeks or months after the parties agreed to resolve the litigation. Court approvals, crowded dockets, minor settlement reviews, resolution of Medicare and provider liens, insurance carrier payment procedures, and other factors can delay settlement disbursements – and the receipt of earned fees. This is especially true in light of the current disruption of court procedures and business operation due to COVID-19. Meanwhile, law firm payroll, overhead, case development costs and other firm expenses continue to accrue and must be paid. In many cases, a delayed fee in a settled case can create a cash flow crunch that causes operational stress for any contingency fee practice. Featuring simple applications (see download buttons on this page) and rapid turnaround, each of our Settled Case Fee Advance options make it possible for trial lawyers to use pending fees and secure the funds they need now without needing to tap into personal credit, requiring partner capital contributions, or encumbering personal assets. Monetize Tomorrow's Fees to Fund Your Practice Today Our Settled Case Fee Advance options provide attorneys and law firms with the ability to quickly transform earned but delayed fees in settled matters into working capital on hand. This funding can be used for any purpose: case development, trial preparation costs, firm marketing, partner or employee compensation, or practice expansion. Without requiring the burdensome application processes, invasive underwriting, and delays inherent in applying for a traditional bank loan, these programs provide law practices with the ability to rapidly monetize their delayed fees and turn them into immediate capital. During the inevitable dips in fee revenues that contingency fee practices often face, Settled Case Fee Advances can also eliminate the need to require capital contributions from partners, avoid forcing partners to tap into personal credit or commit personal assets or equity as collateral for a bank loan to support the practice. For over 18 years, hundreds of trial attorneys and contingency fee practices nationwide -- from large firms to sole practitioners -- have found that our Settled Case Fee Advances reduce stress and support normal firm operations while awaiting receipt of settlement fees.
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Key Advantages of Our Settled Case Fee Advance Programs
Three Settled Case Fee Advance OptionsI. Non-recourse Settled Case Fee Advances
II. Settled Case Fee Advance Financing
III. Major Settlement Fee Advance Loans
No Need to Sell Entire Fee at a Discount
Some "fee acceleration" loans offered by other sources require the borrower to sell their entire attorney fee at a discount. Still others charge a 1x -2x multiple of the funding amount which becomes due from day one. Instead, our programs can provide a straight advance or loan in any amount requested, up to 50% of the firm's net fee for the non-recourse option. These advances accrue reasonable monthly interest until the settlement is paid and the fee is received, at which time the advance is repaid, along with accrued interest and fees. The attorney or firm keeps the remainder of the fee. Prompt, Flexible Fee Advances With Tailored Terms
The application process for our Settled Case Fee Advance programs is simple, and the time from application to wiring of funds is the fastest available - usually just a matter of days from completion of the simple, one or two page application form and submission of basic settlement documentation, to a wire transfer of the advance to the firm's account. We have no upper limit on the amount of settled case fee advance funding we can offer attorneys and law firms. Questions? Call 855-253-3863 (9 am to 4 pm Pacific)
or email us for a confidential consultation with our founder, an experienced former trial attorney. Advanced Legal Capital Funding your success. |
PLEASE NOTE: We are open and operating at full capacity during the current COVID-19 pandemic. Our programs continue to have large amounts of capital,
on hand for prompt approval and funding of law firm and attorney financing, law firm loans, attorney loans, and law firm and attorney settled case fee advances.
on hand for prompt approval and funding of law firm and attorney financing, law firm loans, attorney loans, and law firm and attorney settled case fee advances.
