About Us
RapidFunds® was founded in 2004 by attorneys Charles S. Brofman, Esq. and Peter J. Speziale, Esq., as a solution to the cash flow problems contingent fee attorneys face as a result of the typically delayed receipt of settlement proceeds. Both Charlie and Peter are admitted attorneys who worked in this arena, handled contingent fee cases in most areas of tort law, maintained independent practices, funded litigations, made payrolls, advocated for clients who normally could not afford competent representation without a contingent fee arrangement, and, like many of you, have had to wait inordinate periods of time to collect legal fees.
Problem: Cash flow to run your legal practice.
Solution: RapidFunds®!
As the pioneers of legal fee acceleration, RapidFunds® knows how to get you cash quickly.
Since 2004, we have successfully expedited over 4,000 legal fee acceleration transactions nationwide. We buy a portion of your legal fee on a settled case so your cash flow is not dependent on the uncertain arrival of a settlement check.
Our funding is:
Fast. We wire money directly to your account, often the SAME day you apply, so the money is available immediately.
No Hidden Costs No application fee, No due dilligence fee.
No risk. Your firm has no obligation to pay until your settlement proceeds are received. If the underlying obligor doesn’t pay, we don’t get paid.
Virtually unlimited. We purchase legal fees from $10,000 to $20,000,000.
Our clients are your fellow contingent-fee lawyers, and their cash flow problems have been solved with RapidFunds®
LEGAL FEE ACCELERATION
FOR CASES INVOLVING:
Torts
Mass torts
Product liability
Infant actions
Death actions
Class actions
Employment discrimination cases
Some commercial cases
and more…
Funding Process
Step 1
Fill Out Our Application
Step 2
Due Dilligence & Review of Settlement Terms
Step 3
Prepare Contract
Step 4
Fund & Receive Instant Wire
Blog
What Information to Prepare Before Going to a Legal Funding Company
Funding companies should only require a few pieces of pertinent information and generally should be keeping the financing confidential.
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How Fee Sharing Agreements Impact your Legal Funding
BLOG In some types of litigation it’s common for an attorney to share or split fees with another attorney. Although you might be more than happy to work with the other attorney, you may not want him/her to know about your firm finances. That’s why some firms worry...
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5 Tips For Running A Successful Law Practice
If you are owner of or partner in a law firm, you probably spend a good part of your day dealing with the day to day issues of running a legal practice.
read moreTestimonials
“Along with assisting me to control my cash flow, RapidFunds® provides me with fair and reasonable discounts on my settlement funds. In the legal business, incoming settlement revenue is sporadic. Monthly income influx can vary substantially due to the accounting practices of insurance companies and municipalities. I turn to RapidFunds® to provide me with a cash flow management solution to deal with these uncertainties.”
California Attorney
Application Form
Fill out the following information to submit an application for legal fee acceleration!