Franklin & Prokopik, PC

Name

Franklin & Prokopik, PC

Legal name

Franklin & Prokopik, P.C.

Website

https://fandpnet.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Legal Services (Defense & Litigation)

NAICS

Offices of Lawyers (541110), Legal Services (5411)

SIC

Services-Legal Services (8111)

akta.pro industry

PRIMARYFSAJAEAD

Self-Insured Workers’ Compensation Programs

Financial & Insurance/Insurance — Motor, Property & Casualty/Workers’ Compensation Insurance

SECONDARYFSAJAGAC

Professional Liability (E&O)

Financial & Insurance/Insurance — Motor, Property & Casualty/Specialty & Excess/Surplus Lines (E&S)

Keywords

• Workers compensation defense
• Commercial litigation
• Insurance defense
• Labor employment law
• Transportation law

Headquarters

HQ city

Baltimore

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Hourly Legal Services (Professional Services): The firm provides legal services on an hourly/fee-based billing model, emphasizing reasonable fee structures and effective representation combining local jurisdictional knowledge with cost efficiency. Revenue is generated through defense and litigation of claims in workers' compensation, general liability, commercial litigation, labor and employment, insurance coverage, and other practice areas.
2. Managed Legal Services for Insurance Carriers and Self-Insureds: The firm serves as a managed legal services provider for insurance carriers, self-insured employers, group self-insurance funds, and third-party administrators, handling workers' compensation and liability defense matters on a recurring engagement basis.
3. Outside General Counsel and Transactional Services: Recurring outside general counsel services, contract drafting and negotiation, business formation, mergers and acquisitions support, and ongoing corporate compliance and governance work for small and mid-sized businesses.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels10 records

Core offering

Franklin & Prokopik, P.C. is a Mid-Atlantic law firm providing defense and litigation services in workers' compensation, general liability, commercial litigation, labor and employment, insurance coverage, product liability, professional liability, and related practice areas for insurance carriers, self-insured employers, group self-insurance funds, third-party administrators, and businesses across Maryland, Virginia, Washington DC, Delaware, and West Virginia. The firm layers industry-focused practices (transportation/maritime/logistics, retail, restaurant/hospitality, construction, automotive, business/corporate, real estate) atop its core practice areas, supplemented by a 24-hour attorney-led Emergency Response Team, an outside General Counsel Program for small businesses, and self-insurance qualification and captive insurance setup services.

Product overview

Franklin & Prokopik, P.C. is a commercial litigation, insurance, and labor law firm — not a software vendor — so its offering is a unified legal services platform organized into core practice areas (such as Workers' Compensation & Employers' Liability, Commercial Litigation & Finance, General Liability/Tort & Casualty Defense, Labor & Employment, Insurance Coverage, Insurance Regulation, Appellate Advocacy, Alternative Dispute Resolution, Product Liability, Professional Liability, Regulation/Audit/Compliance, General Counsel Program, Human Services, Self-Insurance & Alternative Risk Finance Mechanisms, and Occupational Accident) layered on top of industry-focused practice groups (Automotive, Business & Corporate, Construction, Real Estate, Restaurant & Hospitality, Retail, and Transportation/Maritime/Logistics). The firm complements these with cross-cutting service programs such as its 24-hour Emergency Response Team, the quarterly Franklin & Prokopik First Report newsletter, and client education delivered through Webinars On-Demand and Programs, plus ongoing thought leadership via its Legal Insights publication.

Differentiator

Problem solved

Functional benefit

Products and services

• Workers' Compensation & Employers' Liability Defense

Quantifiable outcome

• Founded by 10 lawyers in 1999; has grown to over 70 lawyers and 6 offices serving 4+ states plus DC
• +5 more outcomes

Named customers32 records

Segments10 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

25 partnerships are on record, tiered flagship, core and minor.

• Maryland Association of Boards of Education Workers' Compensation Group Self-Insurance Fund (MABE)flagshipStrategic or Co-development PartnerOne of the firm's largest group self-insurer clients. Franklin & Prokopik provides ongoing workers' compensation defense counsel to MABE member Boards of Education across Maryland counties, including Boards of Education of all eight Eastern Shore Counties. This is a flagship ongoing relationship.
• The Maryland Association of Community Association Self-Insurance Group (MARYCAS)coreStrategic or Co-development PartnerGroup self-insurance fund served by the firm for workers' compensation defense matters. The firm acts as ongoing counsel for this self-insurance group.
• Maryland Association of Resources for Families and Youth / Community Behavioral Health Association Self-Insurance Group (MARFY/CBHA)coreStrategic or Co-development PartnerGroup self-insurance fund providing behavioral health and human services workers' compensation coverage. Franklin & Prokopik serves as counsel for this self-insurance group.
• Gallagher Bassett Services, Inc.coreChannel Partner/ Reseller/ DistributorThird-party administrator that handles claims on behalf of insurers and self-insureds. Franklin & Prokopik handles workers' compensation and liability claims referred by Gallagher Bassett in the Mid-Atlantic region.
• Sedgwick Claim Management ServicescoreChannel Partner/ Reseller/ DistributorThird-party administrator partner for workers' compensation and liability claims handling. The firm provides legal defense services to claims referred by Sedgwick.
• Love, Barnes & McKewminorChannel Partner/ Reseller/ DistributorThird-party administrator working with the firm on workers' compensation claims handling in the region.
• PMA Group Claims ServicesminorChannel Partner/ Reseller/ DistributorThird-party administrator partnership for workers' compensation claims management.
• Cottingham & Butler Claims ServicesminorChannel Partner/ Reseller/ DistributorThird-party administrator working with the firm on workers' compensation claims administration.
• Maryland Motor Truck Association (MMTA)flagshipStrategic or Co-development PartnerFranklin & Prokopik serves as General Counsel to MMTA, a leading trucking industry trade association in Maryland. The firm is active in MMTA's governance and provides legal counsel to the association.
• Maryland Movers ConferencecoreStrategic or Co-development PartnerFranklin & Prokopik serves as General Counsel to the Maryland Movers Conference, providing ongoing legal services to this moving industry trade association.
• American Bar Association (ABA) Commercial Transportation Litigation CommitteeminorOthersMember firm. Firm attorneys are active members of the ABA Commercial Transportation Litigation Committee.
• Defense Research Institute (DRI) Trucking Law CommitteeminorOthersMember firm. Firm attorneys are active members of the DRI Trucking Law Committee, supporting defense bar initiatives in transportation law.
• Trucking Industry Defense Association (TIDA)minorOthersMember firm. Firm attorneys are active members of TIDA, an industry defense association for the trucking industry.
• National Workers' Compensation Defense Network (NWCDN)flagshipStrategic or Co-development PartnerMember law firm in the NWCDN, a recognized national network of leading U.S. workers' compensation defense firms. NWCDN membership enables the firm to handle multi-state claims and access national expertise for its clients.
• Virginia Defense Attorneys' AssociationminorOthersMember firm. Membership enables the firm to keep abreast of current industry news and information affecting Virginia defense practice.
• Virginia Trucking AssociationcoreStrategic or Co-development PartnerMember firm. Membership supports the firm's transportation industry practice in Virginia and keeps the firm current on trucking industry developments.
• Talbot County Chamber of CommerceminorOthersMember firm. The Easton office is a member of the Talbot County Chamber of Commerce, supporting local business community engagement.
• Delaware Motor Truck Association (DMTA)minorStrategic or Co-development PartnerMember firm. Supports the firm's transportation practice in Delaware.
• American Moving and Storage Association (AMSA)minorOthersMember firm. Firm attorneys are active members of AMSA, supporting the moving and storage industry.
• National Tank Truck Carriers (NTTC)minorOthersMember firm. Firm attorneys are active members of NTTC, supporting the tank truck carrier industry.
• Transportation Lawyers Association (TLA) - Cargo & Freight CommitteeminorOthersMember firm. Firm attorneys are active in the TLA's Cargo & Freight Committee.
• Conference of Freight Counsel (CFC)minorOthersMember firm. Firm attorneys are active in CFC.
• Transportation Intermediaries Association (TIA)minorOthersMember firm. Firm attorneys are active in TIA, supporting freight brokerage and 3PL industry.
• Transportation Loss Prevention & Security Association (TLP&SA)minorOthersMember firm. Firm attorneys are active in TLP&SA.
• Association of Transportation Law ProfessionalsminorOthersMember firm. Firm attorneys are active in the Association of Transportation Law Professionals.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Jackson Lewis: National labor and employment specialty firm with Mid-Atlantic offices. Overlaps on Franklin & Prokopik's labor & employment work for employers but does not focus on workers' compensation defense.
• Lewis Brisbois Bisgaard & Smith: Large national law firm with substantial insurance defense, transportation, and general liability practices. Competes for the same carrier and TPA panels but operates at much greater scale across 50+ offices.
• Littler Mendelson: Largest U.S. labor and employment specialty firm. Competes for the same employer-side labor/employment work across the Mid-Atlantic but does not focus on workers' compensation or insurance defense.

Direct peers

• Traub Lieberman Straus & Shrewsberry: Insurance defense firm serving carriers, TPAs, and self-insureds in workers' compensation, general liability, and complex coverage matters across multiple states. Comparable practice orientation and client base.
• Semmes, Bowen & Semmes: Baltimore-headquartered litigation and insurance defense firm serving Mid-Atlantic insurance carriers, employers, and self-insureds. Directly comparable in regional defense practice and client mix.
• Marshall Dennehey: National insurance defense firm with strong East Coast presence serving insurance carriers, TPAs, and self-insureds in workers' compensation, general liability, and transportation matters. Closely comparable in business model, client base, and practice mix.
• Funk & Bolton: Maryland-based insurance defense firm focused on workers' compensation, liability defense, and insurance coverage for carriers and self-insureds. Closely comparable regional niche.
• Whiteford, Taylor & Preston: Mid-Atlantic full-service law firm with a substantial insurance defense and workers' compensation practice across Maryland, Virginia, DC, and Delaware. Directly comparable in regional footprint, practice mix, and client base.
• Miles & Stockbridge (now K&L Gates Mid-Atlantic): Historically a Baltimore-headquartered Mid-Atlantic firm with insurance defense and litigation practices across Maryland, Virginia, and DC. Comparable regional defense orientation and commercial litigation focus.
• Saul Ewing: Mid-Atlantic regional firm with deep insurance defense, workers' compensation, and labor & employment practices serving Mid-Atlantic employers and insurers. Comparable geographic footprint and insurance carrier clientele.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/FranklinandProkopik
• LinkedInlinkedin.com/company/franklin-&-prokopik

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Franklin & Prokopik, PC