Law Technology

Finding Lawsuit Funding

By Andrew Flusche

It’s no secret that lawsuits cost money. You can’t expect to litigate a case of any significant value without spending thousands of dollars in expenses and legal fees. Of course, a victory in court should hopefully pay back everything that was outlaid and provide compensation for the injured.

But what do you do if you don’t have the money to finance a lawsuit? A lot of people who are injured in some way (physically, emotionally, financially, etc) don’t have the resources to pay for legal help to vindicate their rights. It’s simply a fact of legal life.

This is why the contingent fee is used in certain types of cases. Personal injury cases provide the easiest example. An individual is injured, but the average person doesn’t have thousands of dollars at the ready to pay for litigation. Personal injury lawyers commonly accept cases where the client doesn’t pay legal fees until an outcome is achieved. At that point, the lawyer’s fees are a percentage of the total amount obtained.

However, most people don’t realize that there are up-front costs, even in contingent fee cases. Litigation involves more costs than just the attorney fees. A plaintiff also has to pay for court filings, copies, court reporters, expert witnesses, and other things. Where does that money come from?

One great solution is through a lawsuit financier like Any Lawsuits. Just like GMAC loans money specifically for car purchases, Any Lawsuits loans money specifically for lawsuits.

Since Any Lawsuits focuses on one type of loan, they have developed a streamlined intake and funding process. It’s incredibly easy for them to analyze an application, determine how much they can loan, and disburse the funds.

This is a sponsored post. These are my honest opinions.

Full post as published by Legal Andrew on January 13, 2009 (boomark / email).