How Much Did Assigned Counsel Raise?
Funding & Key Investors

Assigned Counsel has solidified its position within the legal services sector, securing a total capital infusion of $2.5M. This trajectory of financial backing, highlighted by a recent strategic investment of $497K, underscores the firm's capacity to leverage debt financing to scale its operations. By maintaining a robust balance sheet, the organization continues to navigate the complexities of the temporary attorney market with institutional support.

What is Assigned Counsel?

Assigned Counsel
Law Firms & Legal ServicesBusiness ServicesHuman Resources Management Systems (HRMS)

Founded in 1992 in the Greater Philadelphia area, Assigned Counsel operates as a premier provider of legal staffing solutions. The firm distinguishes itself through a proprietary network of over 40,000 legal professionals and a specialized recruitment team comprised of experienced attorneys. With a geographic footprint spanning five key regions across the United States, the company addresses the critical demand for high-caliber legal talent, offering flexible staffing models that cater to the evolving requirements of law firms and corporate legal departments. Their market authority is built upon a deep understanding of the legal landscape and a rigorous vetting process that ensures alignment between candidate expertise and client mandates.

How much funding has Assigned Counsel raised?

Assigned Counsel has raised a total of $2.5M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$497K

Debt (2020): $2M with participation from PPP

Debt (2021): $497K led by PPP

Key Investors in Assigned Counsel

PPP

Public-Private Partnership

What's next for Assigned Counsel?

With the recent influx of capital, Assigned Counsel is positioned to accelerate its strategic initiatives, likely focusing on technological integration within its recruitment pipeline and geographic expansion. As the legal industry shifts toward more agile staffing models, the firm's ability to deploy its resources effectively will be paramount. Future growth will likely involve enhancing its digital infrastructure to better manage its extensive resume database and optimizing its regional service delivery models to capture a larger share of the enterprise legal services market. The firm remains focused on maintaining its competitive edge by bridging the gap between top-tier legal talent and the organizations that require specialized, on-demand expertise.

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Frequently Asked Questions Regarding Assigned Counsel Financial Insights

What are the most recent funding rounds that Assigned Counsel has completed, and what were the funding rounds?
Assigned Counsel has recently completed 2 funding rounds: Debt on Mar 13, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Assigned Counsel has raised to date?
Assigned Counsel has raised a total of $2.5M in funding to date.
How many funding rounds has Assigned Counsel completed?
Assigned Counsel has completed 2 funding rounds.
How much funding did Assigned Counsel raise in its most recent funding round?
Assigned Counsel raised $497K in its most recent funding round.
Who are the lead investors in Assigned Counsel's latest funding round?
The lead investor in Assigned Counsel's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Assigned Counsel's history?
The largest funding round in Assigned Counsel's history was $2M.
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