What Lloyd & Mcdaniel does

Lloyd & McDaniel, PLC is a private professional law firm headquartered at 700 N Hurstbourne Pkwy Suite 200, Louisville, Kentucky, that has operated for over 60 years focused exclusively on creditors' rights representation. The firm serves banks, financial institutions, leasing companies, and other credit grantors, providing legal services across bankruptcy, commercial law, commercial and retail collections, construction law, employment law, real estate and foreclosure, and Uniform Commercial Code matters. Its stated objective is to be the leading creditor's law firm in its region, anchored by a six-decade reputation for quality, responsiveness, and fiscal stewardship. The firm is led by Managing Partner Richard B. Alphin and operates with a workforce of 101-250 employees, with no disclosed parent company, institutional investors, or external funding.

The firm's service delivery relies on a mix of traditional legal representation and supporting digital infrastructure. Direct legal work is delivered from the Louisville office to enterprise credit-grantor clients, primarily through long-standing B2B relationships. The firm supplements this with a ClientWeb portal for existing client account access and a Stratus Payments-powered payment portal that enables debtors to make payments online. Communication with consumers is conducted via email and text messaging, with documented opt-out, complaint, and dispute workflows compliant with the Fair Debt Collection Practices Act (15 U.S.C. § 1692e). The website supports a Spanish-language toggle, indicating bilingual communication capacity. Back-office functions include Paycor for recruiting and applicant tracking.

Commercially, Lloyd & McDaniel generates revenue through professional services fees billed to enterprise clients in the financial services vertical. Pricing is not publicly disclosed and is consistent with industry practice of case-by-case or hourly billing for legal representation. The firm maintains no disclosed subsidiaries, no M&A history, no partnerships, no patents, and no external funding. Its operating geography spans the Kentucky/Ohio Valley region and, per firm statements, extends into the broader Southeast United States, though no additional offices are documented beyond the Louisville headquarters.

Name

Lloyd & Mcdaniel

Legal name

Lloyd & McDaniel, PLC

Website

https://lloydmc.com

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

101–250 employees

Short description

Lloyd & McDaniel, PLC is a private Louisville, Kentucky creditors' rights law firm, founded over 60 years ago, that provides bankruptcy, commercial, collections, foreclosure, and UCC legal services to banks, financial institutions, leasing companies, and credit grantors.

Ownership category

akta.pro rank

Product category

Creditor's Rights Legal Services

NAICS

Legal Services (5411)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Debt Settlement & Negotiation Services (FSAEAFAC)

akta.pro secondary industries

Credit Repair, Debt Relief & Bankruptcy Referrals (FSAEAMAH), Fraud Risk & Financial Crime Controls Advisory (BPAKADAL)

Keywords

• Creditor's rights law
• Debt collection legal services
• Bankruptcy legal representation
• Commercial collections attorney
• Foreclosure legal services

Headquarters

HQ city

Louisville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Legal Services Revenue: The firm generates revenue through legal representation services provided to creditors, including debt collection, bankruptcy, commercial law, and related legal matters. Services are likely billed on an hourly or contingency basis typical of creditor's rights law firms.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Lloyd & McDaniel is a creditors' rights law firm providing comprehensive legal representation to banks, financial institutions, leasing companies, and credit grantors. Core services include bankruptcy representation, commercial and retail collections, commercial law, commercial lending, construction law, employment law, real estate/foreclosure, Uniform Commercial Code matters, and general corporate/business law. Services are supported by client-facing portals (ClientWeb and a Stratus Payments-powered payment portal) plus text and email communication channels.

Product overview

Lloyd & McDaniel is a creditors' rights law firm offering a unified suite of legal services centered on debt collection and creditor representation. The core offering consists of practice area services including bankruptcy, commercial law, commercial lending, commercial and retail collections, construction law, employment law, real estate and foreclosure, and general corporate/business law. These services are supported by client-facing digital modules including ClientWeb (client portal), a payment portal powered by Stratus Payments, text messaging communication services, and email communication with opt-out capabilities. The firm primarily serves banks, financial institutions, leasing companies, and other credit grantors in the Louisville, KY region.

Differentiator

Problem solved

Functional benefit

Products and services

• Creditors' Rights Legal Services Legal representation for creditors, including banks, financial institutions, and leasing companies, focused on debt collection and recovery on behalf of credit grantors.
• Bankruptcy Legal Services Legal representation in bankruptcy matters, representing creditor interests in bankruptcy proceedings.
• Commercial Law Services Legal counsel for commercial law matters including commercial lending, Uniform Commercial Code matters, and business transactions.
• Construction Law Services Legal representation in construction-related disputes and matters.
• Employment Law Services Legal counsel for employment-related legal matters.
• Real Estate and Foreclosure Services Legal representation in real estate matters including foreclosure proceedings.
• General Corporate and Business Law Services Corporate legal counsel for general business law matters.
• Commercial and Retail Collections Debt collection services for commercial and retail creditors.

Named customers3 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Regional players

• Frost Brown Todd LLC: Large Ohio Valley / Kentucky regional law firm with broad corporate and litigation practice. Same geography and overlapping banking, commercial, and real estate practice areas.
• Wyatt, Tarrant & Combs LLP: Kentucky-based regional law firm with banking, commercial litigation, and real estate practices. Direct local competitor for bank and financial institution clients in the Louisville market.
• Stites & Harbison PLLC: Kentucky-headquartered regional law firm serving banks and businesses across the Southeast. Operates in the same Louisville market with overlapping commercial, real estate, and financial services practices.

Broad incumbents

• Hinshaw & Culbertson LLP: National law firm with a substantial creditors' rights and consumer financial services practice group. Broader portfolio of services, but the creditors' rights sub-practice competes directly with Lloyd & McDaniel.
• Dentons: Global law firm with a national financial services and litigation practice. Competes for higher-end banking, bankruptcy, and commercial litigation work from the same enterprise client pool.

Direct peers

• Weltman, Weinberg & Reis Co., LPA: Ohio-based creditors' rights and commercial collections law firm with a multi-state Midwest footprint. Highly comparable in practice mix (collections, bankruptcy, foreclosure) and enterprise client base of banks and creditors.
• Stern & Eisenberg PC: Mid-Atlantic creditors' rights and real estate law firm. Similar practice concentration in foreclosure, bankruptcy, and commercial litigation on behalf of lenders and financial institutions.
• Rubin & Rothman LLC: New York/New Jersey creditors' rights and foreclosure law firm. Directly comparable creditor-side collection, bankruptcy, and real estate default practice serving lenders and servicers.
• Hudson Cook LLP: Specialty consumer financial services law firm with deep creditors' rights and regulatory compliance practices. Comparable in serving banks, lessors, and credit grantors with compliance-heavy mandates.
• McCalla Raymer Leibert Pierce LLC: National creditors' rights and mortgage default law firm. Direct overlap in foreclosure, bankruptcy, and commercial collections representation of lenders and servicers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lloyd & Mcdaniel