What Does Alliance Legal Solutions Do?
Alliance Legal Solutions provides specialty financing to law firms. We focus exclusively on small law firms, and we understand the needs of small law firms and the challenges that they face better than other lenders. We have extended over $25,000,000 of funding to over 500 law firms nationwide, creating growth for these firms.
What is Law Firm Financing?
Law firm financing is specialized lending tailored for law firms to address cash flow challenges and support growth.
What Types of Law Firms Does Alliance Legal Solutions Fund?
Alliance Legal Solutions funds law firms throughout the United States. The firms must have at least one licensed attorney, be set up as a legal business entity and have a portfolio of anticipated fee receivables over $250,000.
How Does Portfolio Financing Work With Alliance?
Through a simple application process, we assess your firm history, anticipated fees, and borrowing strength. If approved, we work with the firm to design an initial loan amount and repayment terms that are best meet the firm’s specific capital needs with repayment based on how the firm collects fees. Reapplying for additional funds for existing clients is even more straightforward.
Do you buy a portion of our fees?
How do I get started with Alliance Legal Solutions?
It’s easy! You can apply online.
How long does funding take?
Once your application has been received, we provide funding within 1 to 7 days.
Does Alliance Legal Solutions try to control litigation or settlement negotiations?
Does litigation funding affect attorney-client privilege or attorney work product?
No. We do not require any work product or privileged information.
After we receive funding, what reporting requirements will Alliance Legal Solutions require?
Alliance will require regular reporting. The frequency and information sought varies depending on how the funding is structured. Reporting typically involves the status of a portfolio, monthly revenue, financial statements, and updates on important cases.