Counsel Financial

Credit lines for Litigators

Financial Solutions for Plaintiffs’ Counsel Only

GetLegal is a proud partner with Counsel Financial Services, a highly specialized commercial lender offering loans and credit lines solely to law firms whose revenues are derived from contingency fee practice. Borrowing power ranges from $50,000,000 to $50 million and can be used for any law firm related expense. With more than $500 million in credit lines provided to attorneys all over the country, today we are the largest lender to litigators in the United States. In 2007, Counsel Financial received an ''A'' rating from Fitch Ratings Service.

Significant Tax Advantages

Monthly interest payments to Counsel Financial are fully tax-deductible as ordinary and necessary business expenses – your payments for disbursements are not. Compare: using after-tax law firm profits to fund case expenses provides no tax advantages – unless you lose!

Build Personal and Law Firm Net Worth

Another benefit of a credit line from Counsel Financial is that attorneys can use law firm profits to increase their own net worth at the same time law firm assets are growing. Corporate CEOs don’t leverage personal assets to grow their businesses – why should you?

Contingent Fees Make Great Collateral®

Counsel Financial is different than a bank. Our staff attorneys evaluate your entire portfolio of cases and together with you, determine the approximate amount of contingent fees due to the law firm over the next several years. Counsel Financial will then grant a revolving line of credit based upon this anticipated income. Your law firm credit line is not limited to the value of personal assets. As a result, Counsel Financial provides credit lines which are substantially larger than other financial institutions.

Ethical Considerations:

We are particularly sensitive to the needs of attorneys to assure compliance to all rules of Professional Conduct and the Canons of Ethics. We never interfere with your cases and maintain at all times the highest ethical standards for case control and confidentiality. In addition, we are the only law firm financing company exclusively endorsed by AAJ (formerly ATLA), as well as several prominent state organizations, such as TTLA, CAOC and VTLA. Counsel Financial also has affinity relationships with NYSTLA, SFTL and CTLA.

Contact Us to find out how we can turn your future collateral fees into working capital today.