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 3,600 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
World Wide Adoption of Class Action Lawsuits & Litigation Finance
Class Actions are thought of only as a phenomenon in the United States and was that way for a long time. However, as the globalization train has picked up, the method has gained popularity in many countries that once rejected it. In addition, the litigation finance...
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Banks Offering Financing to Plaintiffs’ Attorneys
A plaintiffs' law firm can be a tough business to operate. Not only are you in competition with the local plaintiffs' trial attorneys in your area for cases, you are also fighting off huge law firms with big reputations for some of those same cases. For the attorneys...
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BB&T Corporation Excessive Fee Lawsuit
Branch Banking and Trust (BB&T), a bank holding company based in North Carolina with reported revenues over $11.6 billion dollars in 2018 settled a lawsuit over the excessive fees they charged to their employees over their 401K plans. The bank agreed to pay...
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!