Attorneys know better than anyone that reaching a fair settlement in a lawsuit can take years. Instead of waiting for that day to come, with your capital dwindling, learn how litigation funding can help you succeed.
It Offers Reduced Risks
Civil lawsuits are often entered into with legal representation with a payment agreement in mind. This could be an hourly fee or a contingency fee. An hourly fee involves a flat rate for the law firm, but it may not yield the best results. A contingency fee can pay dividends, but it comes with a catch: you need to win the case to get paid.
Whether you’ve agreed to a contingency fee or a partial contingency payment, it may be several years before you can hope for a payday, as most commercial lawsuits take from three to five years. Although the result may be ideal, this method involves several risks. Along the way, you may find that your firm is running short on capital and be forced to make difficult decisions. One of the hardest choices to make will be whether to keep up with payroll or to financially support your litigation to win the case. Litigation funding takes this risk out of the equation by keeping your case well-funded regardless of the end result.
It Provides Instant Access to Capital
Sometimes, your case wins settlement money, but the payout schedule will take months or even years. We offer post-settlement lawsuit funding for attorneys that will get you the money you need until the proceeds are distributed.
It Can Be Used for a Range of Cases
Litigation funding can be used in conjunction with a variety of cases, including the following:
- Mass torts
- Personal injuries
- General, construction, and premise negligence
- Medical malpractice
- Product liability
- FELA (Federal Employers’ Liability Act)
- Motor vehicle, passenger, and pedestrian injury
- Wrongful death
- Jones Act
- Pharmaceutical lawsuits
If you don’t see your case type on this list, that’s okay. We have sophisticated risk and business models, and we can accommodate additional cases. Just contact Apogee Capital Partners to speak with us about how litigation funding can help you succeed.