Ep 222 | Jay Kobak | 5 Star Legal Funding Offers Non-Compounding, Low Cost, and Lawyer Friendly Solutions for Clients
The Lawyer Stories Podcast
Benjamin Gold
5.0 • 541 Ratings
🗓️ 11 April 2025
⏱️ 76 minutes
🧾️ Download transcript
Summary
The Lawyer Stories Podcast Episode 222 features Jay Kobak, CEO & Co-Founder at 5 Star Legal Funding, LLC based out of New York. Jay shares with us that he spent many years in the financial industry offering investment advice to attorneys. While getting to know these attorneys he heard their frustrations and disappointments regarding their clients' legal funding issues. Jay recounts the story of sitting down for a meal with twenty of the top trial attorneys in New York City to figure out how he could make a different in the legal funding industry. He later went on to assist those attorneys' clients with their funding needs! 5 Star Legal Funding offers a non-compounding, low cost and lawyer friendly product. Jay is a passionate and affable individual and tells us that regarding the employees at 5 Star Legal Funding, "Everybody is somebody." Jay will go above and beyond to help friends, family, or someone in need.
Transcript
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| 0:00.0 | You are listening to the Lawyer Stories podcast with host Benny Gold. Lawyer Stories was founded in July 2017 on Instagram and is an expanding global network of lawyers and law students sharing their personal journeys to the noble profession of the practice of law. |
| 0:16.7 | Join us on this podcast as we dig deeper into these stories and hear from lawyers and law |
| 0:21.5 | students from around the world in all areas of the legal profession. |
| 0:25.9 | Here at lawyer stories, we believe that every lawyer has a story. |
| 0:29.8 | What's yours? |
| 0:32.7 | Welcome to the Lawyer Stories podcast with Benny Gold. |
| 0:41.2 | Today we welcome in Jay Kobach, CEO and co-founder at Five Star Legal Funding LLC based |
| 0:48.2 | out of New York, helping clients everywhere, non-compounding, low-cost, lawyer-friendly, five-star specializes in pre- and |
| 0:58.0 | post-suit settlement, non-recourse advances to plaintiff seeking financial assistance. |
| 1:05.9 | Jay, how are you? Thanks for coming in. |
| 1:08.5 | How you doing, Benny? Thanks for having me. |
| 1:10.3 | Good, good. Nice to see |
| 1:11.6 | you. Nice to finally meet you. Before we, you know, take off and start asking you some questions, |
| 1:16.8 | I just want to thank you for all your support with lawyers stories. You know, we love having you |
| 1:19.9 | guys on board as a partner for us for our events. You know, we'll do the best we can to get you |
| 1:25.1 | out there. Five-star legal funding. |
| 1:32.8 | You know, Jeff, who unfortunately couldn't join us tonight, great guy. |
| 1:35.9 | We've had, we've had nice time partnering with him as well. |
| 1:38.3 | So thanks very much for your support. |
| 1:40.3 | It's my pleasure. |
| 1:49.0 | Jeff, it was my fraternity brother and regional New England man about been about the town. |
| 1:55.8 | And like I said, I go back with Jeff probably about 35 years. So he's a good dude. |
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