If you’re a personal injury attorney, then you know that litigation financing helps you achieve justice for your clients and secure fair compensation for your services. Thrivest Link Legal Funding understands these challenges and the financial constraints you may encounter.
Since some cases can be a time-consuming and expensive process, reliable litigation financing can be a valuable tool for attorneys. We couldn’t agree more!
When investing in your future matters, secure high quality law firm funding and litigation financing from Thrivest Link. We also offer attorney funding for lien-based medical treatment and pain management centers.
We link attorneys and law firms to legal funds and other resources so they can invest in their firm and its future. With Thrivest Link law firm financing options, you’ll have capital for more favorable litigation outcomes, increased cash flow, and client satisfaction.
Let’s work together! There are benefits to Attorney & Law Firm Funding that only Thrivest Link can deliver. It’s risk-free financing and a valuable referral.
Thrivest Link can provide your clients with the financial resources they need to make ends meet while they pursue their claims. Even small to large law firms can take advantage of our third-party litigation funding.
There are advantages to securing financing for litigation, as well as drawbacks. With any monetary investment or non-recourse loans, here are some pros and cons to consider.
Access to Justice: Your clients deserve access to justice especially when they may not be able to pursue a claim without financial support. That’s why Thrives Link is a proud member of the American Association for Justice.
Reduced Financial Risk: Litigation financing can reduce the financial risk for plaintiffs and attorneys. This is due to the fact that litigation expenses and fees are paid upfront, and repaid only if the case is won!
Higher Settlements or Awards: Financing litigation can result in higher settlements for clients since they’ll be able to afford stronger lawsuit claims. This works out in the best interests of the plaintiff and attorney.
Higher Interest Rates: Sometimes there are high interest rates associated with litigation financing. This makes securing capital from a funding company slightly more expensive, as opposed to a bank loan or family members.
Lack of Control: Litigation financing can potentially limit your control over the case, but only if you give the lender a say in settlement negotiations. Don’t work with a funding company that gets involved in your legal strategies.
Ethical Concerns: Some attorneys have ethical concerns around litigation financing, particularly when it comes to conflicts of interest and pressure to settle a case to quickly. We highly recommend not rushing the legal process.
In today’s fast-paced and technology-driven world, law firm funding can be vital in modernizing a law firm’s business. Why is this important? Because by leveraging a third-party legal funding company, firms can take on more high-value cases and expand their practice without risking their own capital.
In layman’s terms: litigation financing for attorneys and law firms provides more financial flexibility and resources to further modernize their business.
The expert litigation financiers at Thrivest Link Legal Funding fund attorneys and law firms so they can negotiate higher settlement offers and reach new markets.
Apply For Litigation Funding Today
Thrivest Link is proud to provide the best legal funding for law firms looking to raise capital for growth or litigation financing for personal injury clients.