Settled Case Fee Advance Loans and Post-Settlement Fee Acceleration
Turn Pending Attorney 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 "fee acceleration loans," "post-settlement fee advances," "post-settlement financing," or "attorney 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. Fee advance loans are available in amounts determined as a percentage of the firm's net fee in one or more settled cases. Repayment typically occurs when the fee in the settled matter used as the basis of the advance or loan is actually received. Whether the request is for an advance of a million dollars or more, or as little as $100,000, our programs have the capital on hand and are ready to make fast decisions and prompt disbursements. Rates and fees are fair and highly competitive, and all repayment terms are clearly stated in each agreement. Our fast turnaround and streamlined application and approval process are based on a recognition that that time is of the essence when it comes to law firm capital. These exclusive funding programs require far less paperwork and offer lower rates than any other comparable service. In addition, and 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 attorney fee advance financing process is unsurpassed. The Solution to 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. Meanwhile, law firm payroll, overhead, case development costs and other firm expenses continue to accrue and must be paid. In many cases, a significant but delayed attorney fee in a settled case can create a cash flow crunch and operational stress for any contingency fee practice. These programs feature simple applications (see download buttons on this page) and rapid turnaround. Our Settled Case Fee Advance options make it possible for trial lawyers to leverage pending fees in settled cases that are not yet paid to secure the funds they need now without needing to tap into personal credit, requiring partner capital contributions, or encumbering personal assets. Leverage Earned 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. Fee acceleration loans help trial firms maintain smooth operations and liquidity during the inevitable dips in fee revenues that contingency fee practices often face. Attorney Fee Advances based on settled cases can eliminate the need to require capital contributions from partners, and 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 20 years, hundreds of trial attorneys and contingency fee practices nationwide -- from large firms to sole practitioners -- have found that our Settled Case Fee Advance financing reduces stress and supports normal firm operations while awaiting receipt of settlement fees.
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Key Advantages of Our Settled Case Fee Advance Programs
Settled Case Fee Advance OptionsSettled Case Fee Advance Financing
Higher Amount Settled Case Fee 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 to the lender at a discounted price, and the firm does not retain any interest in the fee. Many charge a 1x -2x multiple of the funding amount which becomes due from day one. Our settled case fee advances are loans based on the firm's projected net attorney fee from the settlement. The advances then 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 taking 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. |
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.