Obtaining pre-settlement funding has become more commonplace, but you cannot get a cash advance directly from your attorney. Most state bar associations prohibit this. It is unethical for an attorney to provide a client with money to support an unresolved case. If...
Legal funding is now the fastest growing trend in the legal community. In 2016, 28% of law firms used litigation finance while 36% of firms did in 2017. By comparison, only 7% of law firms used lawsuit funding in 2013. Litigation funding, according to the New Yorker,...
A cash advance on a pending lawsuit enables you to receive funding even though the case is still ongoing. Otherwise, you may be pressured to settle early. This would mean a smaller settlement that’s just enough to pay off some debt, not compensate for your injuries...
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