Skip to content

Revenue-based finance for law firms

Revenue-based finance advances your business £10,000 to £1 million, repaid as an agreed percentage of your card and online takings, so you pay more in busy weeks and less in quiet ones. Law firm partners use Rook Bristol revenue-based finance to fund disbursements on active matters or spread the cost of a PII renewal, with flexible; ends when the agreed amount is repaid and decision within 24 hours; funds within 48 hours of signing.

Apply nowAbout revenue-based finance
Check your eligibilityStep 1 of 5
How much funding do you need?

A best guess is fine. You can change it with your finance manager.

£10K£1M
How long have you been trading?
What's your average monthly turnover?

Total money coming into your business account in a typical month.

What type of business is it?
Where should we reach you?

We'll use this only for your application.

Revenue-based finance for law firm partners
Amount£10,000 – £1,000,000
TermFlexible; ends when the agreed amount is repaid
SpeedDecision within 24 hours; funds within 48 hours of signing
PaymentsA fixed percentage of card and online takings
Best forHospitality, retail and ecommerce businesses with regular card or online sales

Common uses in law firms

  • 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

Why law firm partners choose revenue-based finance

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.

How does revenue-based finance work?

  1. 1

    Apply online and connect your card terminal, payment provider or ecommerce platform data, plus your business bank account through Open Banking.

  2. 2

    We look at your recent takings to agree an advance and a single, fixed total repayable, shown in pounds before you sign.

  3. 3

    Receive the funds in your business bank account, typically within 48 hours of signing.

  4. 4

    An agreed share of each day's card or online takings goes towards repayment until the total is cleared. No takings, no repayment that day.

What do I need to qualify?

  • 6 months trading
  • £10K+ in monthly turnover
  • A UK-registered business
Check my options

Other funding for law firm partners

Questions, answered

Something else on your mind? Ask the team.

Can law firm partners qualify for revenue-based finance?
Many can. We typically look for a UK-registered business, 6 months trading and £10K+ in monthly turnover. We review law firms businesses with the sector's cash-flow patterns in mind. All finance is subject to status.
What is revenue-based finance?
It is funding repaid as a fixed percentage of your future card or online takings rather than a fixed monthly instalment. You receive a lump sum and repay an agreed total, which is collected gradually as you trade.
Is it the same as a merchant cash advance?
It works on a similar principle. Repayments are linked to card or online sales, but the total you repay is fixed and agreed before you sign, and you'll see it set out in pounds.
Do you lend to SRA-regulated firms?
Yes. We fund solicitors' practices, including sole practitioners, LLPs and ABSs, subject to status.

Want to partner with us?

Businesses, brokers and introducers: check eligibility in about three minutes, or talk to our team about working together.

Apply nowContact our team