Legal Funding
This is FindLaw's Law Firm Management Center's collection of free articles related to Legal Funding. Legal Funding -- also called Litigation Funding, Appellate Financing, and Settlement Financing -- refers to the different types and methods of financing available to lawyers and clients in connection to lawsuits and/or settlements. Parties to these transactions should be fully aware of the risks and rewards of such legal financing. Start your research with FindLaw.
Financing a Law Firm
Legal Funding Articles
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Attorneys work hard for months or years to achieve a favorable trial outcome. Clients and attorneys invest thousand of dollars in fees and costs. An appeal entails putting more time and money at risk. It subjects the judgment to reversal or remand. At best, it means another year or two until recovery. In the meantime, there are bills to pay, for client and attorney alike. -
Litigation funding services have been put in place to provide relief to people who are involved in pending litigation and through no fault of their own, need financial assistance, but do not qualify for traditional loan products. However, litigation funding can be, and often is, expensive. How do you know if this is right for your case? -
The Ohio Supreme Court Voids A Sale of An Interest In a Lawsuit -
Ability to compute complex refund scenarios now available through leading interest calculation software for the legal industry. -
Critics of malpractice law contend the civil justice system operates like a lottery -- outcomes turn on luck of the draw rather than justice. That's hardly the case, according to a University of Missouri-Columbia law professor, whose review of two decades of research studies shows that settlements are neither random nor irrational. Instead, settlement outcome are tied closely to the quality of care provided to the patient. -
Legal funding is the fastest emerging financial trend in the U.S. justice system. With industry leaders currently reviewing more than 40,000 funding applications per month, legal funding has risen from relative obscurity five years ago to the forefront of marketplace solutions for attorneys and their clients. -
Over the past five years, legal funding has emerged as a valuable resource for cash-starved clients struggling to make ends meet as they wait for pending litigation to be resolved. Although some members of the legal community were initially leery of legal funding, it has proven itself to be an important and valuable financial solution for both attorneys and their clients.