Recently, I was asked what benefits a lawsuit funding company can offer attorneys who represent clients in need of litigation capital or a pre settlement loan.  That is, clients who have an immediate need for cash but who have already exhausted other avenues of money or otherwise do not have the ability to obtain cash for bills, medical treatment, debts, shelter, cars, etc.

This article will address this issue in further detail since it really can make a difference for the client in desperate need of funds. Read more »

In our last article, we discussed some of the basic business expenditures involved with providing lawsuit funding for those individuals who need cash but cannot wait until their lawsuit is settled.  Costs such as salaries, IT, legal counsel, etc. are all factored into the “cost” of pre settlement cash advance funding.

While all of the above are obviously necessary components of the lawsuit loan business, one of the most important aspects of the business is the compilation and analysis of paperwork.  This post will explore what we call “chasing the paper” as part of the litigation advance business. Read more »

In previous articles, we explore some of the most common nuances in the pre-settlement loan or legal funding business.  Because of the relative infancy of this business compared to others in the financial services industry, lawsuit funding is often misunderstood.  This post attempts to shed some light on litigation cash advances for cases as a business and outlines a few common expenses.  The goal is to help the reader better understand what goes into a lawsuit funding operation and thus feel more comfortable if the reader should utilize these services in the future.  Lawyers and clients alike would be better served by a more informed perspective. Read more »