Legal services are not deemed a "preferred" vertical market by traditional lenders which leaves law firms seeking alternative lending options for their clients. Unfortunately, most alternative options offer predatory interest rates, fluctuating discount costs to the firm and do not adhere to bar rules governing client finance.
The good news is that financing platforms developed specifically for the legal community do exist, and are taking great care to consider not only bar regulations but also trust accounts, usury laws, affordability for both the firm and the client, as well as fee structures and support.
Download this free white paper which discusses how law firms can offer bar compliant financing solutions to their clients.
Download this free white paper which discusses how law firms can offer bar compliant financing solutions to their clients.
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