Lawsuit funding and financing for law firms and lawyers is a growing industry that provides capital to claimants, law firms, or companies collateralized solely by the future proceeds of their meritorious cases and legal expenses. Lawsuit funding companies provide funding and litigation financing to help attorneys take on cases they may not have been able to otherwise.
Answers to some of our most commonly asked questions.
Lawsuit funding is a form of financing provided to claimants or law firms who are pursuing legal action through arbitration in exchange for a portion of any future proceeds or settlements. It is also referred to as case funding, pre-settlement funding, litigation financing, or non-recourse investment.
Lawsuit funding can be used for portfolio financing, post-settlement funding, or attorney loans ranging from $5,000 to $30 million+. It is important to note that lawsuit funding is not a loan; it is a form of case funding or lawsuit financing known as non-recourse investment. Non-recourse investments are investments where the investor has no recourse if the investment fails.
When researching lawsuit funding companies it is important to look at their track record of success in providing pre-settlement funding and litigation financing.
Additionally, it is important to understand the terms of the agreement including any fees associated with the investment.
