Attorney Funding: A Smarter Way to Fund Your Success

Ava Lawson | November 21st, 2012

A shortage of cash can severely cripple any practice, and a lot of firms have gone under after their bank financing dried up, or they lacked adequate reserves to stay afloat. At times, it may seem like your expenses never cease – and it can take years to receive payouts from winning verdicts or settlements.

These challenging situations are when attorney funding can be especially useful. Also known as lawyer funding or law firm loans, this type of funding can help your firm stay solvent as cases resolve.

How attorney funding works

Since law firms frequently have thousands of dollars tied up in litigation costs, cash flow can be a huge concern until cases settle. Attorney funding provides firms with the capital needed to carry out litigation until a settlement or verdict is reached.

Attorney funding is also referred to as lawsuit financing, lawyer loans, case funding and lines of credit. But unlike a traditional loan, attorney funding is actually a cash advance – leveraging your anticipated payouts to realize today’s efforts. LawStreet Capital offers an array of litigation funding options designed to help maximize case results, while protecting your assets and reducing monetary constraints.

Advantages of attorney funding

Attorney funding with LawStreet Capital gives you the resources to handle daily operation expenses and take on new cases when times are lean. Here are few ways you can utilize these funds to help your practice:

  • Hire new staff
  • Cover litigation costs
  • Advertise your firm
  • Get the best witnesses
  • Improve your case portfolio
  • Build your practice

Plaintiff funding services

When clients are forced to settle cases early solely due to financial strain, this costs you both time and capital. Our plaintiff funding program offers cash advances on their pending lawsuit award, so you can work on securing a fair settlement. LSC can approve a client’s application in just 24 hours, getting them the cash they need today to address immediate concerns. We approve many types of cases for settlement funding, including:

  • Auto accidents
  • Child custody
  • Construction injuries
  • Discrimination
  • Divorce
  • FELA lawsuits
  • Defective products
  • Slip and fall
  • Personal Injury
  • Medical malpractice
  • Wrongful death

Your key to success

The nation’s leading lawsuit funding company, LawStreet Capital lets you focus on your clients rather than cash flow. Don’t let economic pressures undermine your practice – our legal funding services give you the financial freedom to maximize settlements and verdicts. And you won’t find lawsuit financing with lower interest rates anywhere in the industry. For questions about attorney funding, please contact one of our helpful representatives today. Call us toll free at 800-345-8500.