Law firms finance
Law firm finance helps solicitors' practices fund disbursements, work in progress, hiring and practice acquisitions. Rook Bristol provides business loans and revolving credit from £10,000 to £1 million to SRA-regulated firms and legal services businesses, with decisions within 24 hours.
Cash flow for the time between work and fees
What makes funding law firm partners different?
Disbursements come before fees
Court fees, counsel's fees, expert reports and search fees are paid out long before matters conclude. Revolving credit keeps them moving.
Work in progress is slow to bill
Litigation and conditional fee matters can run for months or years before a fee is recovered.
Client money stays separate
Client account funds can't be used for office costs under SRA rules, so the firm needs its own working capital.
Tax and PII renewals are lumpy
Professional indemnity insurance renewals and partners' tax bills land as large, predictable sums. Spreading them protects cash flow.
The funding law firm partners use most
- Revolving credit facilityA reusable credit limit. Draw what you need, repay, and draw again.£10,000 – £1,000,000 limit →
- Business loans£10,000 to £1 million, repaid in fixed instalments over up to 60 months.£10,000 – £1,000,000 →
- Invoice financeRelease cash tied up in unpaid invoices through factoring or discounting.Facility linked to your sales ledger →
What law firm partners fund with us
- Fund disbursements on active matters
- Spread the cost of a PII renewal
- Hire fee earners or open a new office
- Acquire another practice or client book
- Invest in case management systems
What do I need to qualify?
- 6 months trading
- £10K+ in monthly turnover
- A UK-registered business
Law firms finance questions
Something else on your mind? Ask the team.
Do you lend to SRA-regulated firms?
Can finance cover disbursements?
Can we use a loan to fund PII premiums?
Is client money affected?
Finance built for law firm partners.
Businesses, brokers and introducers: check eligibility in about three minutes, or talk to our team about working together.