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Law Firm Litigation Finance

Trends in Litigation Finance

By April 30, 2019No Comments
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Litigation finance is appropriate for any individual or business that wants to pursue a meritorious legal claim for monetary damages, and either cannot afford the legal fees and other costs associated with major commercial litigation, or would simply prefer to shift the associated financial risk to a third party. Litigation finance makes sense even where a claimant has a 100% contingency fee billing arrangement in place with legal counsel, as the claimant will typically still be required to pay for court costs, third-party expert fees, investigation costs, etc. Most funders are willing to fund such costs, provided that an appropriate arrangement can be reached with the claimant and its counsel regarding payment priority and other related matters. Read More