Legal Practices
Explore financing strategies for legal practices, with the structure matched to cash flow, assets, transaction purpose and timing.
Financing Starts With the Business Model
CMCC reviews the financing objective in the context of the company's cash flow, collateral, operating cycle, ownership and transaction structure. Industry labels help frame the review, but they do not replace underwriting.
- Acquisition and ownership transition
- Working capital and liquidity
- Equipment and vehicles
- Owner-occupied or investment real estate where applicable
- Debt restructuring and expansion
Have a Legal Practices scenario?
Send CMCC the non-sensitive facts and objective. We will identify the information needed for a proper initial review.
Request a Review →Legal Practices: What Funding Sources Typically Look At
Law firm cash flow depends on the fee model: hourly and flat-fee work is steadier than contingency matters, which can pay out unevenly. Funding sources look at collections history, partner dependence and the plan behind a buyout or expansion.
Common Financing Uses
- Buying a retiring attorney's practice or a partner buyout
- Office purchase or build-out
- Technology and case-management systems
- Working capital to smooth uneven collections
Documentation Typically Requested
Collections by practice area and fee type, firm financials, partnership or buyout terms and a summary of receivables.
Illustrative Scenario
A firm buying a retiring partner's practice might show collections by practice area and how matters will transition.
Hypothetical example for illustration only. It is not a CMCC client, a prediction or an approval.
Financing paths and guides
Related industries
Match the Capital to the Business Need
The right structure depends on what the business is financing, how repayment is supported, the available collateral and the timing of the transaction.
Working Capital
See how this financing path may fit the transaction.
EXPLORE →SBA Financing
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EXPLORE →Commercial Lending
See how this financing path may fit the transaction.
EXPLORE →Ready to discuss a real Legal Practices request?
Start with a non-sensitive review or move directly to the commercial financing application.