“Should I settle my case early, or apply for a lawsuit advance?” This is a common question plaintiffs ask when involved in litigation. Lawsuits can take years to settle, which is a long time to wait for an award that could cover lost wages, medical expenses, or even daily living expenses and bills. Even after
I’m sure you’ve heard the term lawsuit loans before and dismissed it as something unsavory, unnecessary, or inaccessible. I don’t blame you: because of a few faulty advertising campaigns in the early 2000’s, the term “lawsuit loan” conjures images of banks and other lending institutions tricking disenfranchised people into becoming career plaintiffs so they can
BP Deepwater Horizon Economic & Property Damages Settlement Entered into in May 2012, the court supervised settlement program was designed to compensate those individuals and businesses that experience losses as a result of the oil spill. The $20 billion settlement ends years of litigation over the deadly 2010 BP disaster in the Gulf of Mexico
An article published on AbovetheLaw.com titled “The 6 Virtues of Litigation Finance” discusses David Lat’s attendance and feelings towards a symposium held at NYU School of Law back in November 2015. This article would appear just days prior to a New Jersey based legal funding company making national headlines for alleged legal funding scams. So
Can my Attorney offer Lawsuit Funding? The answer to this is not completely straightforward in every state. Most state bar associations prohibit your lawyer from providing you financing as it goes against professional ethics by creating a conflict of interest. In receiving financing from your attorney, he or she now appears to have a personal
