Litigation Funding
Unfortunately, in the world we live in today, access to justice often depends on funding. Litigation financing helps give claimants who otherwise lack the resources, the ability to push through and get the justice they rightfully deserve.
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How it Works
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The litigation finance industry offers three main funding routes. First is an advance for Tort Claims to individual plaintiffs for living expenses during protracted litigation. Second is for funding of commercial matters in areas such as contracts, intellectual property, antitrust, and banking, among others. Third, would be loans to under-financed attorneys and law firms.
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Key Points
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Litigation financing is offered on a non-recourse basis meaning if you don’t succeed in your claim then you owe nothing.
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You remain in control of your cases; we do not interfere with your decision when it comes time to settle or proceed with the case. It is up to you and your attorney team.
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Repayment does not occur until after funds are received from the defendant, meaning you do not make any monthly payments as you would with traditional financing.
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On average after accounting for the cost of litigation financing, the client receives 62% of the settlement.