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Law firm and attorney funding solutions.

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#1

Baker Street Funding was named the No. 1 legal funding company in North America.

$30M

In 2020, Baker Street Funding held a record $30 million in client legal financing.

98%

of accepted cases get funded.

Baker Street Funding is one of the global leaders in providing special relationship-based pricing for law firm referred cases. We aspire to be the leading trusted legal financier to our clients, which include law firms, attorneys, corporations. We pride ourselves on our resourcefulness and work on a variety of initiatives. On any given day, our work could include funding personal injury victims, structuring the initial offering of surgery lien funding, consolidating previous pre-settlement advances, and more. Get bespoke legal financial options for you or your clients. Maximize the value of your litigation or arbitration. Get the money your law firm needs. 

Attorney loans and funding

We are focused on being a significant legal financier and provider of capital services to attorneys and their clients, which, in turn, enables attorneys and law firms to achieve their strategic litigation goals. ​

Legal funding solutions for lawyers

We strive to provide best-in-class litigation funding services and execution excellence on the most complex litigation across legal finance products in order to help our clients grow.

Loans for lawyers

Our legal funding options can be customized for each attorney to help fit their time frame demands, case budget, and capital needs. Maximize the value of your cases at a low cost while minimizing the financial burden of waiting to be compensated upon settlement.

attorney loans and funding
We are focused on being a significant legal financier and provider of capital services to attorneys and their clients, which, in turn, enables attorneys and law firms to achieve their strategic litigation goals. ​
Legal funding solutions for lawyers
We strive to provide best-in-class litigation funding services and execution excellence on the most complex litigation across legal finance products in order to help our clients grow.
Loans for lawyers
Our legal funding options can be customized for each attorney to help fit their time frame demands, case budget, and capital needs. Maximize the value of your cases at a low cost while minimizing the financial burden of waiting to be compensated upon settlement.

The attorney funding concept.

Attorney funding, also known as litigation financing, legal lending, attorney funding, case cost funding, is a type of financing that attorneys specially developed to provide them with access to capital to run their firms and litigate cases to their fullest potential. Law firm loans also help attorney’s plaintiff clients when they need to borrow from their expected settlement to pay their necessities. Our Attorney Funding division is at the front end of Baker Street Fundings’ client franchise. 

Attorney funding is a type of legal funding product specifically for contingency fee-based attorneys, representing personal injury plaintiffs and large commercial litigation lawsuits. There are multiple different subsets of funding for lawyers, including case cost financing, voucher funding, attorney lines of credit, and post-settlement fee advances in which we will mention below. 

A financing relationship for law firms and attorneys.

Baker Street Funding was designed to strategically connect select legal funding opportunities with our extensive network of sophisticated partners and staff with the utmost discretion to you.  

Attorney-focused legal funding—contingency fee financing.​

Baker Street Funding was designed to strategically connect select legal funding opportunities with our extensive network of sophisticated partners and staff with the utmost discretion to you.  

At Baker Street Funding, we actively maintain strong relationships with top professional allocators in the United States and take a holistic approach to the cases we analyze using our combined skill sets to protect your interests and those of your clients. We strive to develop partnerships with attorneys nationwide to provide reliable, quick, and efficient legal funding solutions for their clients and themselves. We establish mutually beneficial partnerships with attorneys nationwide through our results, especially for highly qualified cases.

An advocate for you and your practice.

You strive to be an advocate for your clients, and we want to be an advocate for you. Baker Street Funding has designed legal funding solutions with attorneys in mind. We know how traditional financing agreements are structured, and we have found a more favorable solution for our clients.

A wide-range of legal financial options

You can access multiple financing options such as pre and post-settlement funding for personal injury plaintiffs and those involved in corporate litigation, and lawyer funding for counsel.

Plaintiff & law firm loans benefits

Baker Street Funding provides bespoke financing options for law firms with lines of credit that allow you to leverage your future case fees to obtain immediate liquidity and pay for litigation-related expenses on new cases. Attorney funding is convenient for financing high costs that litigation brings. Plaintiff clients can receive funding from their expected settlements as a lump sum or monthly installments. Lawsuit financing is helpful for plaintiff clients in need of immediate funds.

Clear transparent pricing

Our innovative financial solutions for contingency-fee law firms address trial attorneys' unique liquidity needs, improving cash flow, and profitability. Our financing solutions also address the plaintiff's need offering special pricing when the case is referred by you. Get clear, transparent pricing so you always know what you’re paying.

Non-recourse funding agreements

Legal funding agreements are typically referred to as law firm loans, lawyer loans, attorney lawsuit funding, or settlement funding. This type of funding is a non-recourse investment into your future receivables or a client's expected personal injury settlement award.

Favorable solutions for your practice

With our bespoke financial opportunities, you will never have to provide traditional collateral, such as personal guarantees or real estate. We take your receivables and current and former case inventories into account to help structure the perfect non-recourse funding agreements for your needs. Plaintiff funding works similarly, the funding is solely based on the settlement proceeds.

Access to capital when you need it

We streamline communications to provide a quick turnaround time, your funds are delivered within one day of approval. Our review process is one of the fastest within the market. We understand that plaintiff-clients and attorneys alike need quick access to capital to help drive the maximum amount of value possible out of their cases. 

An advocate for you and your practice.

You strive to be an advocate for your clients, and we want to be an advocate for you. Baker Street Funding has designed legal funding solutions with attorneys in mind. We know how traditional financing agreements are structured, and we have found a more favorable solution for our clients.

A wide-range of legal financial options


You can access multiple financing options such as pre and post-settlement funding for personal injury plaintiffs and those involved in corporate litigation and lawyer funding for counsel.

Plaintiff & law firm loans benefits

Baker Street Funding provides bespoke financing options for law firms with lines of credit that allow you to leverage your future case fees to obtain immediate liquidity and pay for litigation-related expenses on new cases. Attorney funding is convenient for financing high costs that litigation brings. Plaintiff clients can receive funding from their expected settlements as a lump sum or monthly installments. Lawsuit financing is helpful for plaintiff clients in need of immediate funds.

Clear transparent pricing

Our innovative financial solutions for contingency-fee law firms address trial attorneys' unique liquidity needs, improving cash flow, and profitability. Our financing solutions also address the plaintiff's need offering special pricing when the case is referred by you. Get clear, transparent pricing so you always know what you’re paying.

Non-recourse funding agreements

Legal funding agreements are typically referred to as law firm loans, lawyer loans, attorney lawsuit funding, or settlement funding. This type of funding is a non-recourse investment into your future receivables or a client's expected personal injury settlement award.

Favorable solutions for your practice

With our bespoke financial opportunities, you will never have to provide traditional collateral, such as personal guarantees or real estate. We take your receivables and current and former case inventories into account to help structure the perfect non-recourse funding agreements for your needs. Plaintiff funding works similarly, the funding is solely based on the settlement proceeds.

Access to capital when you need it

We streamline communications to provide a quick turnaround time, your funds are delivered within one day of approval. Our review process is one of the fastest within the market. We understand that plaintiff-clients and attorneys alike need quick access to capital to help drive the maximum amount of value possible out of their cases.

Attorney-focused legal funding—contingency fee financing.

Most law firms that we work with utilize our pre-settlement and post-settlement funding options either on a case-by-case basis or based on their current portfolio of receivables. Some attorneys may need a more specialized solution. 

Secure the money you need

Our underwriters are all former attorneys with decades of contingency fee-based litigation experience and can help you grow your practice. We only charge interest on funds drawn on your line of credit, and there are no pre-payment penalties, draw fees, or maintenance fees. At Baker Street Funding, we recognize that contingency fees are solid collateral that can secure the money you need now.

Put your ambitions into action

With our bespoke financial opportunities, you will never have to provide traditional collateral, such as personal guarantees or real estate. Baker Street Funding takes in all factors for the litigation, including past cases that you have successfully litigated. We take your receivables and current and former case inventories into account to help structure the perfect non-recourse funding agreements.

Funds are immediately available

Our approval process is quick and easy. Once approved, we purchase a portion of your future receivables and provide you with either cash or a line of credit immediately. We can make all the funds immediately available or structure monthly investment payments with staggering rates of return.

Attorney-focused legal funding—contingency fee financing.

Most law firms that we work with utilize our pre-settlement and post-settlement funding options either on a case-by-case basis or based on their current portfolio of receivables. Some attorneys may need a more specialized solution. 

Secure the money you need

Our underwriters are all former attorneys with decades of contingency fee-based litigation experience and can help you grow your practice. We only charge interest on funds drawn on your line of credit, and there are no pre-payment penalties, draw fees, or maintenance fees. At Baker Street Funding, we recognize that contingency fees are solid collateral that can secure the money you need now.

Put your ambitions into action

With our bespoke financial opportunities, you will never have to provide traditional collateral, such as personal guarantees or real estate. Baker Street Funding takes in all factors for the litigation, including past cases that you have successfully litigated. We take your receivables and current and former case inventories into account to help structure the perfect non-recourse funding agreements.

Funds are immediately available

Our approval process is quick and easy. Once approved, we purchase a portion of your future receivables and provide you with either cash or a line of credit immediately. We can make all the funds immediately available or structure monthly investment payments with staggering rates of return.

Funding products for lawyers and law firms.

Baker Street Funding provides products like attorney case financing, corporate litigation funding, surgery lien funding, post-settlement financing for law firms, lawsuit funding for plaintiffs, voucher funding, and attorney lines of credit. You choose how you want to work with us, knowing you have access to a full range of legal funding solutions as your firm evolves.

Funding products for lawyers and law firms.​

Baker Street Funding provides products like attorney case financing, corporate litigation funding, surgery lien funding, post-settlement financing for law firms, lawsuit funding for plaintiffs, voucher funding, and attorney lines of credit. You choose how you want to work with us, knowing you have access to a full range of legal funding solutions as your firm evolves.

Baker Street Funding helps navigate the waters of high profile corporate litigation funding, all the way to success. The expansion of the commercial litigation funding space has opened up a tremendous opportunity for plaintiffs and investors alike. At Baker Street Funding team of advisors, former litigators, and executives help investors, plaintiffs, and their attorneys navigate the waters of high profile corporate litigation while providing everyone with the tools needed for success.

  • For attorneys. For attorneys and their firms, institutional litigation financing provides a hedge against contingency fees and a way to help manage the cost of litigating a large corporate claim. 
  • For companies. Corporate litigation funding is for companies that hold substantial and meritorious claims but cannot bear the financial burden of pursuing those claims; litigation funding provides an effective way to eliminate the high capital outlay and risk of business litigation. 
  • For investors. For investors, institutional litigation funding provides a rare opportunity to invest in a negatively-correlated asset with high return potential and diversity.

 

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At Baker Street Funding, we provide surgical funding in connection with personal injury cases. All of our underwriters are former personal injury attorneys with extensive experience. They perform a quick review of the underlying facts surrounding the case and make a fast decision. With a quick response time and high speed of service, we regularly help personal injury victims receive the medical care they need ranging from minimally invasive surgeries to complex surgical procedures while strengthening the case.

  • Maximize the value of the settlement. We help attorneys maximize their client's settlement by providing plaintiffs with much-needed liquidity.
  • No risk for surgeons. There is no risk for surgeons as they are directly paid in full pre-operation.

 

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 Pre-settlement legal funding may be the right option for an attorney who needs more capital to build a winning case or to litigate a long case to completion. With a funding advance, attorneys can afford to put more resources into the research, travel, and discovery needed to reach the most beneficial settlement. Like the pre-settlement funding option available to plaintiffs, this financing solution is available only before a case has been settled. The premium for pre-settlement funding is higher than that for other types of legal funding because there is a greater risk that a case will not be settled, and thus a greater risk that the advance will not be repaid.

Attorneys fees can be delayed for a number of different reasons like administrative issues, appeals, or slow-paying defendants. You can facilitate your future fees with Baker Street Funding’s post-settlement attorney financing; we can provide a portion of your future receivables fast. We see your contingency fees as your most valuable asset, and we can provide more liquidity and quicker access to those fees than any traditional financial institution can.

  • Transform future fees to immediate cash. Our post-settlement funding program is tailor-made for attorneys to gain early access to future collectible fees on settled claims.
  • Secure the capital you need. We see contingency fees as the lifeblood of any legal practice and can provide you with financing arrangements that you can not get from any bank.
  • Get quick access to attorney post-settlement fees. Our quick financing process is streamlined to provide you with immediate access to non-recourse financing. No monthly payments are required and repayment is done upon collection. 

To illustrate how our process works, you can look at a mass tort-focused firm that has settled 100 claims. The firms' combined fees are $2 million. Rather than wait to receive payment as settlement checks arrive, the firm can immediately access up to $1.6 million of those fees through our post-settlement funding program. 

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Baker Street Funding is often approached by attorneys appointed as public defenders (also known as indigent defense attorneys). These attorneys are on the state's payroll and receive their legal fees directly from the state that they practice in. Sometimes, when there are economic downturns or other financial issues that the state is subjected to, vouchers are used as a promissory note to pay past-due attorney fees. We have seen attorneys have to wait months to be able to redeem their vouchers. Our voucher funding program works similarly to our post-settlement funding agreements. Once a voucher has been issued to the attorney, he can contact us, and we will advance a portion of the voucher's face value. We will then be paid back from the state when they are able.

Our attorney lines of credit function almost the same as you would see at your local bank branch. The critical difference with our attorney LOCs is that we can do more due diligence into your practice and thus can provide much larger lines than a bank usually can. Because our legal funding solutions were developed by attorneys, we are familiar with what it takes to run a successful contingency fee-based practice. As expected, as your client portfolio increases, so would your line of credit. We look at it from the perspective of your firm being a living breathing thing and our attorney lines of credit being the heartbeat that helps it grow. Our LOCs will increase in lockstep with your practice as it gets new clients and successfully litigates cases.

Plaintiff attorney legal funding: An option for your clients.

Baker Street Funding provides litigation funding for attorneys and plaintiffs in both the pre and post-settlement timeline of a case.  The two main types of plaintiff lawsuit funding are pre-settlement and post-settlement funding. As their names suggest, pre-settlement funding is available before a case has been settled, while post-settlement funding becomes an option after a settlement has been reached.

Plaintiff attorney legal funding: An option for your clients.

Baker Street Funding provides litigation funding for attorneys and plaintiffs in both the pre and post-settlement timeline of a case.  The two main types of plaintiff lawsuit funding are pre-settlement and post-settlement funding. As their names suggest, pre-settlement funding is available before a case has been settled, while post-settlement funding becomes an option after a settlement has been reached.

  1. Pre-settlement funding for plaintiff clients: Most personal injury cases can take up to two years to settle and payout. When plaintiffs have exhausted all other financing options available to them, we recommend looking into plaintiff pre-settlement funding.
  2. Cases are priced individually due to the risk: While the risk profile of any case could be high, cases that have yet to settle carry a large amount of risk. This is why the cost of pre-settlement funding is sometimes high and priced individually because of the inherent risk of the case not settling for any reason.
  3. Get much-needed capital for your client at a fair price: Since our contracts are strictly non-recourse and based on the merits of the case, not the plaintiff's financial profile, through plaintiff funding, we can provide much-needed capital to individuals who may not be able to get financing otherwise.
  4. Better rates: Attorneys who refer cases to Baker Street Funding will get simple interest rates and lower than other attorney loan companies.
  1. Short term bridge capital available to plaintiffs: Since settlements are typically not distributed immediately upon signing the settlement agreement, plaintiffs may see themselves in need of short term bridge capital. Baker Street Funding provides immediate cash for your client's needs.
  2. Our settlement funding option could help your client: For plaintiffs in a tight financial situation, post-settlement funding may be an option. While the risk profile of a settled case is low, there is still a chance that the obligor does not pay, so we price our contracts appropriately and lower than other firms.
  3. Flexible contracts and interest rates: Post settlement funding for plaintiffs through Baker Street Funding gives the plaintiff the flexibility to change the contract's rates and terms.

The financing process for law firms and attorneys.

Review

Once we receive your legal funding request, we will review your application package including your basic information and list of cases, or if you are looking for products such as plaintiff client funding, we will review the case details.

legal funding attorneys step 2

Diligence

We then proceed with our due diligence and set up a conference call to discuss any questions regarding your portfolio of cases or litigation experience. If you are requesting funding for a plaintiff, we will set up a conference call with you to help value the case.

Approval

Final terms are generated, and a legal funding contract is sent for your approval. Once approved and executed, we will wire out the funds to your business account that day or your plaintiff client's bank account via wire or FedEx next-day check.

FAQ's

 

As with any business, running a law firm requires a steady flow of capital. Many attorneys struggle to maintain a successful legal practice simply because of fee delays. Those fees are the lifeblood of any thriving practice: without them, it becomes almost impossible to build cases, to find new plaintiff clients, or even to meet basic expenses like payroll.

Different types of attorney funding options are designed to fit the needs of everyone from solo practitioners to larger firms, allowing all types of contingency fee attorneys to build their caseload and litigate properly while waiting on more mature litigation to be paid out. 

Attorney funding can be a great asset to contingency fee-based attorneys. It helps them gain access to cash flow to help pay expenses smoothing out their income stream, which can otherwise be extremely difficult to manage. While each attorney and firm's situation is different, we have created a bespoke solution for every different type of attorney financing need. We can help you manage your portfolio of cases and provide capital based on that portfolio to help with payroll and marketing capital, or we can provide case by case specific financing to help cover discovery costs, expert witness costs, administrative costs, and maintain an office space without worrying about running out of capital.

 

Contingency fee attorneys are not guaranteed any economic benefit unless they win their case. If an attorney invests years of time, effort, and capital into a case that settles in favor of the defendant, he or she walks away with nothing.

Litigation is an uncertain process, as well as notoriously lengthy. The typical personal injury case, for example, will take about two years from the initial filing of the complaint to settlement. While that two-year period may seem like a long time to wait for a paycheck, MDLs, torts, and malpractice cases can take much longer. When litigating larger cases or cases involving minors, governments, or international entities, that timeline extends, settlement delays of ten or fifteen years are not uncommon, and there is uncertainty surrounding whether you will successfully win a judgment. 

While these cases are extremely profitable for the attorneys involved, they run the risk of running out of money before the litigation ends. This process makes running a successful practice difficult, and attorneys need some financial backstop to help cover costs until their next case settles.  This is why attorney legal funding may be beneficial to you. 

 

We will typically purchase anywhere from 10-50% of your future fees to secure our investment into your practice. There is no limitation to how you use the capital you take from us, so rest assured that you will be able to enhance your practice in any way you see fit.

Law firms who are looking for lines of credit tend to approach their local or national financial institution. These banks may provide you with a business loan or a LOC (line of credit). The problem with these products is twofold. They do not take into account the intricacies of running a legal practice and, most times, do not provide enough capital as is needed. The other issue is that you will need to personally guarantee the financing unless your firm has had a long-standing relationship with the bank. That means you are risking the money you’ve made to secure the funds you need to make in the future. With Baker Street Funding, those worries are taken care of. The process is based on your current and former case portfolio. We also take into account intangible things, such as your previously settled cases. Our funding agreements are non-recourse, and thus you never have to personally guarantee our contracts.

 

If your client would like to apply for funding, they will need to fill out the application form or answer a few questions from one of our team members so that we may determine initial eligibility. Baker Street Funding will then ask you for some documentation surrounding your client's claim. Generally, we will require documentation establishing liability, injuries, and insurance information for the defendant. Once we receive those documents we will review the claim and most times will be able to make a funding decision immediately after. If we have additional questions or need clarity regarding certain documentation, we will email you our questions. Once those questions are answered we will then be able to make our funding decision. Once a funding decision is made, we will provide you and your client with a copy of our funding agreement. After we have reviewed the agreement with your client and answered any questions you may have regarding the agreement, we will ask the client to execute the paperwork and have you provide us with acknowledgment of our lien. After receiving both client signature and attorney acknowledgment we will release funds to the client in the manner they request (bank wire or check).

 

After discussing your client's needs and financial situation, we will analyze the claim. We base our funding decisions on our perceived net present value of the claim and will structure our funding amounts based on that value and the client's needs.

 

Baker Street Funding will advance a minimum of $1,500 in funding to plaintiffs involved in non-settled claims. On settled claims, we require that the gross amount due to the plaintiff be no less than $50,000.

 

At Baker Street Funding we strive to provide our clients with the best rates and fees available. Our contracts are priced on a case by case basis but generally will be around 3% a month. We provide reduced rates for clients that are referred to us by their attorney or medical provider.

Connect with your opportunity client-attorney funding expert.

We’re helping clients build a portfolio of the future and powering funding partners to enhance their offerings. Contact us to learn more.

Are you an attorney or a plaintiff?

Applying for legal funding online is simple, secure and only takes minutes.

For attorneys and law firms

For institutional plaintiffs

For personal injury victims

Need help? Call  (888) 711-3599