Injury Funds Now
Lawsuit Funding News
Attorney Funding - on Law.com
Category: Lawsuit Funding News
Law.com had an article covering attorney funding or Plaintiff case funding yesterday. This article discusses the service of funding the personal injury attorney for case expenses such as hiring experts, discovery and taking a case to trial. Attorney case funding is done in one of two ways: either an advance is made on a single case (similar to plaintiff funding) and potential fees are charged out of the attorney's fees, or a portfolio of cases in invested into which is similar to a line of credit from a bank. Most attorney funding companies will offer either one or the other, but not both.
The article is very heated as far as the advantages and disadvantages of attorney funding. One side citing extraordinarily high fees but the other countering with the benefits of the service, such as being able to see the case through with the best experts and staying power which is intended to obtain the highest possible recovery.
Are Priest Abuse Cases Worth Funding?
Category: Lawsuit Funding News
Joe Saunders has a great post about a a catholic church sex abuse scandal involving a Vatican official.
IFN has been asked to review applications for Pre-Settlement Funding on several priest abuse cases and we've been reluctant on these because the statute of limitations has often passed by the time the victims come forward.