LawFi's platform offers simple and transparent point-of-service legal fee loans and guaranteed payment plans to finance attorney consultations, retainers, and legal fees.
The biggest challenge still facing the legal industry is the fact that most people and small businesses don’t have access to affordable legal services or justice. Too many legal cases are lost or never answered because people can't find an affordable attorney or one willing to work out a payment plan.
Lawyers are hesitant to take on clients who can't show an ability to pay their fees timely. This causes barriers to accessing the legal services needed. The lack of financial inclusion leaves 166 million Americans who live paycheck-to-paycheck stuck in the pervasive Access to Justice Gap.
We built LawFi to help fill the massive Access to Justice Gap. We achieve our goal by providing the easiest, fastest, and most modern way to pay and finance legal fees. We've invented the industry's first proprietary decision engine that customizes legal fee loan products and guaranteed payment plans. Our solutions remove financial friction and barriers to accessing legal services.
We want to ensure everyone can access justice through affordable and accessible legal services, regardless of their situation or net worth. We are passionate about improving the legal and financial health of every person and small business in America.
By providing a proprietary Legal Fee Lending platform, fintech tools, and funding capital for lawyers to easily embed our solutions into their practices at every communication point with new and existing clients.
Fast & Simple Application and Decisions
Not just a credit score! We analyze alternative data sources, not only reported credit data. We look at employment and income data, and cash flow when conducting a personalized assessment.
Instant Legal Fee FinancingAt any participating Lawyer's Office or Website On your phone or desktop
LawFi financing enables legal clients to quickly and easily access our loan application portal from any mobile or web device, from the lawyer’s website, or by clicking our Request-for-Loan links embedded in law firm emails, engagement letters, and invoices.
Small to Midsize Businesses
No need to borrow from friends or family to retain a Lawyer. Eliminate having to use expensive Credit Cards and Payday Loans
Lawyers have avoided offering any type of meaningful payment plans or financing because it may have violated their Rules of Professional Conduct.
It was not until November 27, 2018, that the American Bar Association (ABA) issued its formal opinion stating “Lawyers may participate in fee financing arrangements.”
We are building the first purpose-built platform to lead the digital transformation of the legal industry from its antiquated legacy “all-cash” payment options and archaic systems.
We understand Lawyers are great at practicing law but not well-suited for increasing digital and mobile-first commerce or the innovation required for modern legal commerce to evolve and flourish.
Our platform addresses these problems. By using our modern lender technology embedded into the lawyer’s practice at all points of contact with clients, lawyers can offer fee financing solutions for the first time. Designed specifically for the legal industry, for which we can reinvent the legal fee payment experience.