Working Capital
We know that day-to-day operational costs and seasonal fluctuations can put pressure on a firm’s cashflow. That’s why we help law practices access flexible working capital—giving you the funds to manage expenses, maintain liquidity, and keep your firm running smoothly.
How Working Capital Finance Can Help Your Firm
Let’s Talk
We work with lenders who understand the legal sector and can provide tailored funding for:
-
Manage operational expenses – cover salaries, rent, and overheads without stress.
-
Smooth cashflow fluctuations – navigate seasonal or cyclical variations in income and expenditure.
-
Support growth initiatives – fund new cases, hire staff, or invest in technology.
-
Handle unexpected costs – respond to unforeseen expenses without disrupting operations.
Working capital solutions provide flexibility, stability, and predictability, helping your firm maintain financial control while focusing on delivering excellent client service.
Are you ready to improve your financial stability?
With continued pressures on business cashflow, many in the legal sector predict a significant failure rate in legal practices. This predication has unnerved many in the sector - not least insurers and lenders - which has made it more difficult for firms to secure Professional Indemnity Insurance cover and the means to pay for it.
With insurers and lenders likely to tighten acceptance criteria, it has never been more essential to find ways to effectively evidence your firm’s approach to financial management. Doing so will not only offer third parties (and your management team) a better understanding of your firm's approach to finance; it can also help you to improve your processes and procedures in order to ensure long-term financial stability.
It takes only 5 minutes to complete, but can offer a set of essential insights that could change how your firm manages its finances. You’ll be presented with a series of yes/no questions, and won’t be asked to provide any sensitive financial information. Our model will then clearly outline what is going well for your firm, and identify areas for improvement.
Benefits of working with Gemstone
The benefits of arranging working capital finance through Gemstone Legal go far beyond covering day-to-day expenses. By accessing flexible funding, your firm can maintain smooth cashflow, ensure salaries and overheads are paid on time, and handle seasonal fluctuations or unexpected costs without disruption.
There’s also reassurance in knowing your firm can invest in growth initiatives, hire staff, or fund new cases while keeping operations secure. Working capital finance provides predictability, stability, and peace of mind, allowing you and your partners to focus on strategic planning and delivering excellent client service.
Frequently asked questions
Gemstone Legal is committed to providing the highest standards of service to our customers.
As part of our NACFB Assured Membership, we undergo a NACFB Assurance Consultation. This independent review confirms the robustness of our processes, our business integrity, and our compliance with regulatory requirements.
If you feel our service has not met your expectations and wish to make a complaint, please contact Paul McCluskey at: paul.mccluskey@gemstonelegal.co.uk