Legal Cost Finance is a payment plan facilitator for consumers of legal services.
Dr. Y. Rapoport
We offer individuals and businesses the opportunity to spread their legal costs by affordable and convenient instalments over time by coordinating relations with legal representatives, funders and escrow agents. Once a payment plan is installed, we continue to administer agreements and observe performance by all sides.
Legal Cost Finance is a trading name of Legal Cost Finance Limited, a company registered in the United Kingdom with the registration number 08685383.
Legal Cost Finance is part of the Kohen Rapoport Group, an industry leader in legal service innovation.
The need for Legal Cost Finance
Individuals and businesses are commonly concerned about affordability of legal costs and the poor transparency and visibility within the legal world. These concerns have contributed to a lack of understanding and trust in the legal process.
In addition, recent cuts in government funding of legal cases and dramatic increases in court fees have discouraged people from pursuing justice.
We questioned the purpose of having a world-renowned legal system if people can’t have fair access to it. A solution was needed, and Legal Cost Finance was created to enable everyone and every business to gain access to legal support. We are changing the legal landscape forever and for the better.
Legal Cost Finance covers all types of cases (contentious and non-contentious). It has been welcomed by the legal industry, with The Bar Council recommending Legal Cost Finance as one of its service partners.
Our aim is to provide easy, affordable and convenient payment solutions to consumers of legal services, independent of case type and nature of legal cost.
Benefits to All
By opting to pay your legal costs by instalments, you can proceed confidently, without the added burden of wondering how and when you might meet your lawyer’s fees. In return, Legal Cost Finance ensures that your lawyer is always paid.
As an added advantage for you, we believe that lawyers should reciprocate the benefits they enjoy through Legal Cost Finance by offering discounts on their legal fees. The discounts are intended to offset the underlying interest rate, resulting in you paying your legal costs by instalments, effectively, interest free. We call this idea ‘Cost-neutral Finance’, and it simply means that you can enjoy top level legal representation, with no up-front fees, and no ongoing costs.
By achieving fair relations between lawyers and clients, tangible cost controls are installed that assist in resolving billing disputes and ensuring delivery of quality legal services within expected time-frames and budgets that suit all parties.
Legal Cost Finance is part of the Kohen Rapoport Group – a world leader in legal service innovation.
With more than 20 years of excellence in the legal service market, the Kohen Rapoport Group is revolutionising the industry by providing those needing legal support with the first solution of this kind, and we are proud to pioneer Legal Cost Finance in the UK.
By aligning the interests of all – consumers, lawyers, credit providers, and escrow agents – we deliver greater access to justice for consumers while improving business efficiency for legal service providers.
Connecting You to the Right Lawyer
We have an extensive panel of legal professionals (from solicitors through to Direct Access barristers) who accept ‘payment plans’ from Legal Cost Finance.
Before being accepted as a panel member, we vet lawyers to ensure they meet proper practice standards and our client service expectations, so you can rest-assured that you’ll be connected to a lawyer of the highest quality.
Wherever you are based in the UK and no matter what your legal matter, we will connect you with the lawyer that’s right for your individual circumstances and requirements.