Many trial attorneys face cash flow problems now and then due to the nature of a litigation practice. LawCash can help. We provide banking services exclusively to law firms, including:
Unlike traditional commercial banks, LawCash understands the business of a litigation practice and can tailor our law firm financing to fit your firm’s financial needs. We know that your firm’s single greatest asset is its current inventory of cases. LawCash places great value on these contingent assets. We can provide your firm with the necessary capital to properly pursue each case. LawCash also finances miscellaneous expenses such as advertising, public relations, and other expenses necessary for a successful practice.
A BETTER ALTERNATIVE TO BANKS!
We do what banks can’t. LawCash tailors financial programs exclusively for lawyers and law firms. We offer competitive rates and flexible loan terms. LawCash law firm loans provide law firms with significantly more capital than most banks can, because we use anticipated fees on open cases as collateral. You can use your law firm loan for advertising, payroll, case cost funding, disbursement funding, or other operating expenses. Use our money instead of yours.
LawCash provides attorney line of credit, or law firm line of credit loans (also known as a case cost line of credit) using anticipated fees on open cases as collateral. Maximize cash flow and increase the capital at your disposal so you can focus on your cases and your business. A LawCash attorney line of credit can help you meet your firm’s needs, as they evolve.
LawCash attorney lines of credit are designed to help plaintiffs’ firms with protracted cases and large attorney cash expenses. Attorney lines of credit enable attorneys and law firms to operate and pay expenses without extending their own resources.
LawCash will establish the amount of the line of credit based on your firm’s case history and current book of cases. With a LawCash attorney line of credit, you can draw on the established line of credit, as needed, during trial seasons. When a trial is ending or a settlement imminent, LawCash will forward documents setting forth the costs of the attorney line of credit loan for inclusion in the settlement case sheet. Your firm will be reimbursed for any interest on your attorney line of credit, as well as any additional charges incurred.
USE OUR MONEY INSTEAD OF YOURS!
LawCash provides case cost line of credit services to attorneys using anticipated fees on open cases as collateral. Case cost lines of credit help contingency fee law firms finance litigation expenses, case costs, and disbursement costs. Case cost lines of credit differ from attorney lines of credit in that funds advanced through a case cost line of credit are to be used to pay case costs exclusively, while attorney line of credit funds may be used to pay firm operating expenses as well as case costs.
We will establish the amount of the case cost line of credit based on your firm’s case history and current book of cases. When a trial is ending or a settlement imminent, LawCash will forward documents setting forth the amount due for the case cost line of credit loan for inclusion in the settlement case sheet. Your firm will be reimbursed at settlement for any interest on your case cost line of credit, as well as any additional charges incurred by your firm.
For more information about law firm loans, attorney lines of credit, and case cost lines of credit, contact LawCash today. We can provide your firm with a customized case cost line of credit.
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“They (LawCash management and staff) bring to their work a wealth of battle tested experience in the financial services field and their background is impeccable.”
Gary Gober, Esq.
President, Southern Trial Lawyers Association
LawCash is the preferred Financial Services Vendor of CAALA, the Consumer Attorneys Association of Los Angeles.
“LawCash were great people to work with, they really know their business.”
Gary B. Pillersdorf, Esq.
Past President, New York State Trial Lawyers Association