Attorney Funding

Attorney funding is available to help lawyers get the money they need to properly represent their clients.

This funding is like a cash advance for legal professionals, and the money may be spent however the recipient sees fit. These non-recourse loans allow attorneys to get the money they need to finance their cases, secure the testimony of expert witnesses, cover office overhead costs, and more. The process is relatively quick and painless, ensuring the financing is there when it is needed most.

Benefits of Attorney Funding

There are a number of reasons why attorneys may consider this form of financing over a traditional loan. First, the process for obtaining the financing is fast and easy. While banks don't typically see future contingency fees as collateral, Lawsuit Loans Fundings factors in your caseload so you can receive funding quickly. In some cases, the approval process and distribution of funds can be handled in just 24 hours.

Attorney funding is not a traditional loan, so there are no monthly payments or finance charges to worry about. Instead, the money is repaid in one lump sum once the case is settled. No payments are due until that time, which frees up attorneys to worry about the case at hand, rather than how to pay back funds.

Funding can be used for any reason

This type of funding ensures an attorney has the capital necessary to successfully manage the case. Since there is no contingency on how the money must be spent, the recipient can use it to pay court fees, hire expert witnesses, obtain medical reports, or contract out certain aspects of the case. An attorney doesn't typically receive funding from a client until the case is won, so money for the case must come from another source.

In addition, an attorney may use the funds for daily business expenses. The money might be used to pay a paralegal or invest in marketing. No matter what your expenses might be at a given time, lawyer funding can cover them.

Financing available for any type of case

Lawsuit Loans Fundings offers attorney funding based on a wide range of cases, including medical malpractice, personal injury, employee discrimination, product liability, and wrongful death lawsuits. This means attorneys can get the financing they need to manage any type of case successfully.