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LITIGATION FINANCING SOLUTIONS Specializing in Comprehensive Financing Products to the Legal Market
The team at Litigation Financing Solutions can Help to...
Provide Your Clients With Comprehensive Litigation Financing Solutions.
Unlock the Financing Potential You Need to See Your Case Through.
LITIGATION FINANCING SOLUTIONS Specializing in Comprehensive Financing Products to the Legal Market
What is Litigation Finance?
Litigation finance, also called litigation funding, is the provision of capital to a claimholder or law firm in exchange for a portion of the proceeds from litigation or arbitration.
The key feature of litigation finance is that recourse is generally limited to the proceeds of the litigation/ arbitration award or settlement, meaning that, the funded party only pays the litigation funder if the party successfully wins or settles its case.
Litigation finance redistributes all or a portion of the financial risk of litigation to the litigation funder. The capital provided by a litigation funder can be used not only to pay for the attorneys fees and expenses associated with prosecuting or defending a legal action, but also for business operations or to pay down or refinance debt.
Benefits to Plaintiffs
Helps undercapitalized plaintiffs by financing commercial litigation expenses
Provides capital injections for already filed cases that experience funding constraints
Reduces the risk of premature settlement for less than cases are worth
Unlocks liquidity for working capital
Provides a cushion for personal expenses
Allows companies to manage how litigation costs affect their balance sheets
Enables greater access to top legal talent
Benefits to Attorneys
Allows attorneys and law firms to accept cases from plaintiffs who otherwise could not afford their fees
Provides capital for all litigation expenses, including expert witness fees
Reduces the risk that clients will run out of money during litigation
Enables attorneys and law firms to offer more flexible payment arrangements to prospective clients
The Funding Process
Origination
A Specialist from Litigation Financing Solutions will discuss with you the financing products that are right for your case. A comprehensive review of eligible cases begins with a thorough review by highly experienced underwriters. Scrutiny and detail is vital from the first steps of the funding process to ensure that lawsuit investments attain the returns they set out to achieve.
Underwriting
Our expert Underwriting evaluates factors like the strength of a claims legal merits, procedural considerations, the plaintiff, the defendant, ability to pay and collection risk, insurance, the legal team, damages, liens, bankruptcy, and other encumbrances.
Structuring
The structure of the funding agreement sets forth the rights and obligations of investors, plaintiffs, and their attorneys, budgeting, payment arrangements, inter-claimant provisions, and other nuances that arise in the course of the funding process. Our team of finance experts are dedicated to drafting effective funding agreements that strike a balance between the enforceability and flexibility of the document, while keeping its terms attractive to clients and attorneys.
Compliance
The funding process continues even after the consummation of a funding agreement. We follow best-in-class practices to ensure an invest- ment agreement that accounts for a myriad of contingencies while remaining attractive and easy to understand, as well as continuing oversight of all aspects of the lawsuit and related obligations.
Working with Attorneys
One of the most important factors running through all phases of the funding process is our relationships with the attorneys and law firms driving the legal claims. Respecting the attorneys role, the obligations of the attorney-client relationship, through courtesy and clear communication, helps to solidify the working partnership among Litigation Financing Solutions, attorney, and client that lies at the very heart of the investment process.
LITIGATION FINANCING SOLUTIONS Specializing in Comprehensive Financing Products to the Legal Market Services
Commercial Litigation
Lawsuit Advances for Tort Plaintiffs
Employment & Labor Litigation
Fraud
Breach of Contract
Arbitration
Insolvency & Bankruptcy Funding
Intellectual Property Funding
Financial Solution Services Available in All 50 States
Contact Us Today and Tap into Our Team of Experts to Meet Your Litigation Financing Needs!
Send us and email today!
underwriting@litigationfinancingsolutions.com
Litigation Financing Solutions LLC 68 Jay Street Suite 513 Brooklyn, NY 11201
WWW.LITIGATIONFINANCINGSOLUTIONS.COM
