Lending to law firms
The Wealth Finance Brief - 1 October 2014
- Lending to law firms
- A Lender's Right to Take Possession of Residential Property
- Litigation or Arbitration?
- Lending to Limited Partnerships against Capital Calls
When lending to law firms there are a number of matters that lenders need to consider. As most law firms are structured as limited liability partnerships, some of the considerations are common to lending to limited liability partnerships generally. However there are also additional regulatory and other considerations associated with the borrowers being in the business of providing legal services which need to be borne in mind when lending to a law firm. This briefing paper seeks to outline and explain the exigencies associated with lending to law firms.