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Since 1999, LawMax has provided pre-settlement litigation funding services to thousands of clients, including individuals and corporations worldwide. LawMax has worked with thousands of personal injury attorneys across North America, and LawMax is a supporter of the American Association for Justice. LawMax provides risk-free litigation financing for plaintiffs with pending lawsuits:
Personal Injury As you know, many plaintiffs experience extreme financial hardship as a result of their injury. Faced with overwhelming adversity, they frequently turn to their attorneys for money. LawMax is ready to provide pre-settlement loans to your clients! Don't let your clients settle for a fraction of what their claims are worth simply because they can't afford to wait. Pre-settlement funding from LawMax buys time for you and your client, leveling the playing field and enabling you to win, fairer, larger settlements for your client. Litigation finance is risk-free for both you and your client. Litigation financing is not a loan, but rather a contingent advance against a pending case. If there's no recovery, your client keeps the money and owes us nothing! Pre-settlement funding from LawMax adds value to your practice by allowing you to focus on the case while alleviating your client's financial burden. Commercial Disputes Commercial disputes are often expensive for individuals and small businesses to prosecute, especially when the defendant has enormous legal resources. Inevitably, many plaintiffs are forced to abandon meritorious cases because of financial difficulty. Litigation funding can provide critical working capital when it is needed most. If a case qualifies, we can finance many of the litigation expenses for a stake in the plaintiff's prospective proceeds. We receive nothing unless your client prevails.
Attorney and Law Firm Funding Personal injury attorneys make justice available to the "little guy" by taking cases on a contingency basis. The problem, of course, is that the attorney and law firm ends up fronting all the expenses of the cases they accept, and that often puts a strain on their cash flow. That's why LawMax is a leader in pre-settlement funding for attorneys and law firms, as well as their clients. While a client receives litigation financing against a specific case, LawMax provides pre-settlement loans a law firm or a solo practitioner against a bundle of cases. Many of the same benefits apply to attorney and law firm litigation funding that apply to pre-settlement funding for clients. For example, there is no application fee, and there are no monthly payments because litigation finance is not a revolving line of credit. LawMax advances cash against the attorney's prospective fees from a package of cases, and the attorney repays the advance plus the risk premium on that advance from the proceeds of the cases as they are resolved. For the attorney who has fallen behind on a line of credit or other obligations, litigation funding from LawMax provides immediate cash the attorney can use to get current on his or her obligations, and do so without taking on another monthly payment that would just put more pressure on the attorney's monthly cash flow. To learn more about attorney and law firm litigation financing from LawMax, call us today at 877-788-2274 and speak with one of our underwriters. Ethics Opinions The Bar associations of many states, including New York and New Jersey, have issued ethics opinions specifically permitting attorneys to refer their clients to litigation funding companies like LawMax. During our five-year history, we have funded thousands of cases in over 30 jurisdictions. Funding Process Our application process is simple. We value your time, so we work around your busy schedule. After receiving your client's consent to review his/her case file, we will briefly discuss the case with you over the phone and review the supporting documentation (e.g. police reports, medical records, and pleadings). A litigation funding decision is usually made within 48 hours of receiving the supporting documentation. Any information we use to help us make our decision is kept strictly confidential. Once your client is approved for pre-settlement funding and signs a Claim Investment Agreement, we will request that you acknowledge our lien. Your client makes no payments during the pendency of the case. If the claim is successful, your firm will pay back the advance from the proceeds of the settlement when any other lien holders are also paid. We do not participate in the case in any way whatsoever. Which Cases Qualify? Any claim with good merits may qualify for funding. We typically require the following:
We look forward to working with you.
Call LawMax today! 1-877-788-CASH or have us call you.
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