---
title: Finance Corner | Preparing for Financing
description: "Preparing for Financing | Finance Corner: A Guide for Plaintiffs' Attorneys and their Clients"
---

[Skip to content](https://counselfinancial.com/blog/tag/preparing-for-financing#main-content)

[![Brandmark](https://counselfinancial.com/hubfs/2024%20Website/Brand%20Logos/Brandmark.svg "Brandmark")](https://counselfinancial.com/)

[![Counsel Financial](https://counselfinancial.com/hubfs/2024%20Website/Brand%20Logos/Text-Logo.svg "Counsel Financial")](https://counselfinancial.com/)

- [Law Firms](https://counselfinancial.com/law-firms)
- [Capital Providers](https://counselfinancial.com/captial-providers)
- About Us
  
  Show submenu for About Us ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/arrow-down.svg) 
  
    - [Loan Process](https://counselfinancial.com/about/loan-process)
    - [Our Team](https://counselfinancial.com/about/our-team)
    - [Lending Philosophy](https://counselfinancial.com/about/lending-philosophy)
    - [Contact](https://counselfinancial.com/contact)
- Resources
  
  Show submenu for Resources ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/arrow-down.svg) 
  
    - [Blog](https://counselfinancial.com/blog)
    - [Case Studies](https://counselfinancial.com/case-studies)

- [Law Firms](https://counselfinancial.com/law-firms)
- [Capital Providers](https://counselfinancial.com/captial-providers)
- About Us
  
  Show submenu for About Us ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/arrow-down.svg) 
  
    - [Loan Process](https://counselfinancial.com/about/loan-process)
    - [Our Team](https://counselfinancial.com/about/our-team)
    - [Lending Philosophy](https://counselfinancial.com/about/lending-philosophy)
    - [Contact](https://counselfinancial.com/contact)
- Resources
  
  Show submenu for Resources ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/arrow-down.svg) 
  
    - [Blog](https://counselfinancial.com/blog)
    - [Case Studies](https://counselfinancial.com/case-studies)

[Request a Meeting ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/button-arrow-blue.svg)](https://counselfinancial.com/request-a-meeting)

[Contact ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/button-arrow-blue.svg)](https://counselfinancial.com/contact)

# Blog

Explore law firm financing and the multitude of options available in the marketplace, so you can optimize the success of your practice--now and in the future.

![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/theme-assets/hero-pattern.svg)

- [Practice Insights (13)](https://counselfinancial.com/blog/tag/practice-insights)
- [Mass Torts (11)](https://counselfinancial.com/blog/tag/mass-torts)
- [Exploring My Choices (10)](https://counselfinancial.com/blog/tag/exploring-my-choices)
- [Managing Operations & Cash Flow (9)](https://counselfinancial.com/blog/tag/managing-operations-cash-flow)
- [Preparing for Financing (9)](https://counselfinancial.com/blog/tag/preparing-for-financing)

[![](https://counselfinancial.com/hubfs/FIRST%20CHAIR/Blog%20Files/BusinessPlan.jpg)](https://counselfinancial.com/blog/5-steps-to-securing-capital)

## [5 Steps to Securing Capital for Your Contingent-Fee Firm](https://counselfinancial.com/blog/5-steps-to-securing-capital)

You may be wondering—what is the process for getting a loan or credit line for my contingent fee law...

[![Credit\_Score](https://counselfinancial.com/hubfs/FIRST%20CHAIR/Blog%20Files/Credit_Score.jpg)](https://counselfinancial.com/blog/how-to-improve-your-firms-credit)

## [How to Improve Your Firm’s Credit](https://counselfinancial.com/blog/how-to-improve-your-firms-credit)

A line of credit can create a huge opportunity for your law firm, providing you with extra capital w...

[![DueDilligence](https://counselfinancial.com/hubfs/FIRST%20CHAIR/Blog%20Files/DueDilligence.jpg)](https://counselfinancial.com/blog/due-diligence-what-is-it-and-what-to-expect)

## [Due Diligence: What is it and what to expect?](https://counselfinancial.com/blog/due-diligence-what-is-it-and-what-to-expect)

Making the decision to obtain financing—a line of credit, term loan, non-recourse advance, or some v...

[![time-2798567\_960\_720](https://counselfinancial.com/hubfs/FIRST%20CHAIR/Blog%20Files/time-2798567_960_720.jpg)](https://counselfinancial.com/blog/the-pay-out-how-long-will-it-take-to-get-funding)

## [The Pay Out: How Long will it Take to Get Funding?](https://counselfinancial.com/blog/the-pay-out-how-long-will-it-take-to-get-funding)

You want working capital to cover case expenses, employee salaries, taxes, advertising or other need...

[![Green\_Piggybank](https://counselfinancial.com/hubfs/FIRST%20CHAIR/Blog%20Files/Green_Piggybank.jpg)](https://counselfinancial.com/blog/whose-budget-is-it-anyway)

## [Whose budget is it anyway?](https://counselfinancial.com/blog/whose-budget-is-it-anyway)

President George W. Bush once famously said, “It’s clearly a budget. It’s got a lot of numbers in it...

[![question-mark-2492009\_960\_720](https://counselfinancial.com/hubfs/blog-files/Images/Royalty%20Free%20/question-mark-2492009_960_720.jpg)](https://counselfinancial.com/blog/what-do-lenders-look-for-in-potential-law-firm-clients)

## [What do lenders look for in potential law firm clients?](https://counselfinancial.com/blog/what-do-lenders-look-for-in-potential-law-firm-clients)

As a law firm owner, you know what’s best when it comes to business support for your practice. Over ...

[![5\_Steps](https://counselfinancial.com/hubfs/FIRST%20CHAIR/Blog%20Files/5_Steps.jpg)](https://counselfinancial.com/blog/5-steps-to-securing-a-specialty-loan-for-your-law-firm)

## [5 Steps to Securing a Law Firm Loan](https://counselfinancial.com/blog/5-steps-to-securing-a-specialty-loan-for-your-law-firm)

Getting a loan or line of credit can sometimes be a lengthy and complicated process. But, it doesn't...

[![Budget\_BusinessWoman](https://counselfinancial.com/hubfs/FIRST%20CHAIR/Blog%20Files/Budget_BusinessWoman.jpg)](https://counselfinancial.com/blog/using-a-budget-to-determine-your-firms-financial-needs-is-easier-than-you-think)

## [Using a Budget to Determine Your Firm’s Financial Needs is Easier Than You Think](https://counselfinancial.com/blog/using-a-budget-to-determine-your-firms-financial-needs-is-easier-than-you-think)

So you want to build your law practice with a line of credit, but how do you budget for it? Follow t...

[![PaperApplication](https://counselfinancial.com/hubfs/FIRST%20CHAIR/Blog%20Files/PaperApplication.jpg)](https://counselfinancial.com/blog/applying-for-a-line-of-credit-heres-what-to-expect)

## [Applying for a Line of Credit? Here’s What to Expect](https://counselfinancial.com/blog/applying-for-a-line-of-credit-heres-what-to-expect)

At first glance, the application process to secure a line of credit from a litigation financing comp...

## Let’s explore your options.

Our team is ready to discuss how our wide range of financing services can benefit you.

[Schedule a Call ![](https://counselfinancial.com/hubfs/raw_assets/public/Counsel-Financial-Theme/images/icons/button-arrow-light.svg)](https://counselfinancial.com/request-a-meeting)

![Counsel Financial](https://counselfinancial.com/hubfs/2024%20Website/Brand%20Logos/Full-Logo-Stacked.svg) ![minimal-brandmark](https://counselfinancial.com/hubfs/2024%20Website/Brand%20Logos/minimal-brandmark.svg)

- [![location](https://counselfinancial.com/hubfs/2024%20Website/Icons/location.svg) 500 Pearl St.,   Suite 820  Buffalo, NY 14202](https://maps.app.goo.gl/xQVgoc7dvspNBDsy6)
- [![phone](https://counselfinancial.com/hubfs/2024%20Website/Icons/phone.svg) (716) 568–0070](tel:+17165680070)

Law Firms

- [Law Firm Loans](https://counselfinancial.com/law-firms)

Capital Providers

- [Capital Solutions](https://counselfinancial.com/captial-providers)

About Us

- [Loan Process](https://counselfinancial.com/about/loan-process)
- [Our Team](https://counselfinancial.com/about/our-team)
- [Lending Philosophy](https://counselfinancial.com/about/lending-philosophy)
- [Contact](https://counselfinancial.com/contact)

Resources

- [Case Studies](https://counselfinancial.com/case-studies)
- [Blog](https://counselfinancial.com/blog)

---

© 2026 Counsel Financial  |  [Privacy Policy](https://counselfinancial.com/privacy-policy)  |  [Terms](https://counselfinancial.com/terms-and-conditions-of-use)  |  [Cookie Policy](https://counselfinancial.com/cookie-policy)

[Follow us on LinkedIn](https://www.linkedin.com/company/counsel-financial-services/)