Lawsuit funding for attorneys and law firms

Law firm and attorney funding solutions.

Baker Street Funding strives to be the best legal funding partner to plaintiffs’ attorneys by offering a broad spectrum of wholesale litigation capital, driven by our unique footprint. Working together, we offer innovative financing solutions to law firms, companies & plaintiffs.

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Baker Street Funding is a national leader in providing special relationship-based pricing for law firm referred cases. We aspire to be the trusted legal financier to our clients, which include law firms, attorneys, and corporations. Our Law Firm Funding division is at the front end of Baker Street Funding’s client franchise. Its structure is designed specifically for attorneys. This allows us to better serve our clients’ strategic and financing needs across the United States. Get bespoke legal finance solutions for you or your plaintiff clients. Maximize the value of your litigation or arbitration. Get the money your law firm needs. 

Baker Street Funding is a national leader in providing special relationship-based pricing for law firm referred cases. We aspire to be the trusted legal financier to our clients, which include law firms, attorneys, and corporations. Our Law Firm Funding division is at the front end of Baker Street Funding’s client franchise. Its structure is designed specifically for attorneys. This allows us to better serve our clients’ strategic and financing needs across the United States. Get bespoke legal finance solutions for you or your plaintiff clients. Maximize the value of your litigation or arbitration. Get the money your law firm needs. 

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A financing relationship for law firms and attorneys.

Baker Street Funding was created to strategically connect select legal funding opportunities with our extensive network of sophisticated partners and staff with the utmost discretion to you. 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. Through our funding products, we establish mutually beneficial partnerships with attorneys and law firms nationwide.

Baker Street Funding was created to strategically connect select legal funding opportunities with our extensive network of sophisticated partners and staff with the utmost discretion to you. 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. Through our funding products, we establish mutually beneficial partnerships with attorneys and law firms nationwide.

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#1

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

98%

Of surveyed clients would recommend baker Street Funding to a friend.

$30M

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

98%

of accepted cases get funded.

Get better legal funding solutions for your law firm.

Legal funding, also commonly referred to as litigation loans or pre-settlement funding, is a process in where plaintiffs involved in current or future litigation, receive financing in the form of immediate cash against their future anticipated settlement award. This advance is solely based on the outcome of the case and paid back upon receipt of the settlement award.

A a significant legal financier

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

Legal funding concept

Best-in-class funding services

We strive to provide best-in-class funding services and execution excellence on the most complex cases across the US in order to help our clients grow.​

Loans for lawyers

Tailor-made financing

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

The attorney funding concept.

Attorney funding, a legal funding product, was specifically developed for contingency fee-based attorneys, representing personal injury plaintiffs and large commercial litigation lawsuits. Attorney funding, typically referred to as litigation financing, law firm funding, lawsuit funding for attorneys, lawyer loans, or case cost funding, was developed by attorneys to provide them with access to capital to run their firms and litigate cases to their fullest potential. This type of funding is a non-recourse investment into your future receivables.

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We strive to be an advocate for you and your practice.

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

Access litigation capital

Access immediate capital when you need it

Baker Street Funding provides bespoke financing solutions 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 in as little as 72 hours. Lawsuit financing is also helpful for plaintiffs in need of immediate funds. Plaintiffs can receive funding from their pending settlements as a lump sum or monthly installments in as little as 24 hours.

Transparent pricing for law firms

Get clear transparent pricing

Our innovative financial solutions for contingency-fee law firms address trial attorneys' unique liquidity needs, improving cash flow, and profitability. Get clear, transparent pricing so you always know what you’re paying. Rates for lawyer funding start at 2% monthly non-compounding with a 3-year cap.

Legal finance solutions

Get a quick turn around time

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.

law firm funding benefits

Access a wide range of legal funding options

You can access multiple financing options such as pre and post-settlement funding either for plaintiffs involved in corporate litigation and personal injuries or for law firms looking for case funding at any stage.

Attorney-focused 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​

At Baker Street Funding, we recognize that contingency fees are solid collateral that can secure the money you need now. 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. 

 

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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 litigatedWe take your receivables and current and former case inventories into account to help structure the perfect non-recourse funding agreement for your needs.

 

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Funds are immediately available​

Our approval process takes 72 hours. 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.

 

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Funding products for lawyers and law firms.

Baker Street Funding provides 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. Feel free to give us a call so we can discuss further what fits you best.

Corporate litigation funding

Baker Street Funding helps navigate the waters of high-profile commercial litigation financing all the way to success. The expansion of the commercial litigation funding space has opened up a tremendous opportunity for plaintiffs and investors alike. The 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, we provide a hedge against contingency fees and a way to help manage the cost of litigating a large corporate dispute.  

For companies

For companies that hold substantial and meritorious claims but cannot bear the financial burden of pursuing those claims, commercial litigation funding provides an effective way to eliminate the high capital outlay and risks that come with the litigation.

For investors

We provide a rare opportunity to invest in a negatively correlated asset with high return potential and diversity for investors.

Corporate litigation funding

Baker Street Funding helps navigate the waters of high-profile commercial litigation financing all the way to success. The expansion of the commercial litigation funding space has opened up a tremendous opportunity for plaintiffs and investors alike. The 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, we provide a hedge against contingency fees and a way to help manage the cost of litigating a large corporate dispute.  

For companies

For companies that hold substantial and meritorious claims but cannot bear the financial burden of pursuing those claims, commercial litigation funding provides an effective way to eliminate the high capital outlay and risks that come with the litigation.

For investors

We provide a rare opportunity to invest in a negatively correlated asset with high return potential and diversity for investors.

Plaintiff attorney 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 pre-settlement funding.

Legal funding can help your client when they need to borrow from their expected settlement to pay their necessities fast and at a low cost.

Individual pricing

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.

Cases are priced individually

While the risk profile of any case could be high, cases that have yet to settle carry a large amount of risk. Although, our pricing is lower than other companies, the cost of pre-settlement funding could sometimes be high compared to financial institutions. We price all cases individually because of the inherent risk of the case not settling for any reason.

Get much-needed capital for your client

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.

Better interest rates

Attorneys who refer cases to Baker Street Funding will get simple interest rates, and lower than other attorney loan companies. We work with you to provide you with the best price. Show us a funding agreement, and we will match it or beat it. That's what we are known for.

The legal funding process couldn't be easier.

step 1 for funding

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 client funding, we will go over the case details.

step 2 funding

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 client, we will set up a conference call with you to help value the case.

step 3 for funding

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 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 clients, or even to meet basic expenses like payroll.

Different types of legal 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. 

Law firm financing 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 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 loan 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 wants to apply for funding, they will need to fill out the application form or answer a few questions from one of our team members to 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, 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 contract. After reviewing the agreement with your client and answering 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 you 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 non-compounding for plaintiff loans. We provide reduced rates for clients that are referred to us by their attorney or medical provider.

Connect w/ your opportunity legal funding expert.

Please kindly submit your client or law firm legal funding request or call us at 888-711-3599 to learn more.

Baker Street Funding helps you Get Your Legal Funds Now.

Select a legal funding product to get started:

Attorney
Requests

Lawsuit
Loans

LAWSUIT LOANS APPLY

Litigation Funding

Post-Settlement Funding

Surgery Funding

Or just call us at 888.711.3599 to apply.

Baker Street Funding helps you Get Your Legal Funds Now.

Select a legal funding product to get started:

Attorney
Requests

LAWYERLOANS APPLY

Lawsuit
Loans

LAWSUIT LOANS APPLY

Litigation
Funding

LITIGATION LOANS APPLY

Post-Settlement
Funding

POST SETTLEMENT LOANS

Surgery Funding

MEDICAL LIEN LOANS

Or just call us at 888.711.3599 to apply.

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