Add Value to Your Practice
Pre-settlement funding is expensive, so it is not for every client. But for the plaintiff facing eviction from his home or the loss of her car, an advance against the expected proceeds of the client’s pending lawsuit makes a lot of sense. That’s why more and more trial attorneys are recommending LawMax to clients who are in need of money to pay critical bills. A cash advance from LawMax relieves financial stress so the client is not calling you every two weeks asking when he will see some cash from his lawsuit. Also, pre-settlement funding can help a client resist accepting a low-ball offer from a savvy defendant. An offer you recommend she not accept! In fact, pre-settlement funding – used prudently and when appropriate – enables you to negotiate from strength and get the larger, fairer settlement your client deserves!

One of Several Service Providers
When a client receives an especially large settlement, you might refer her to a financial planner who can help her invest her windfall wisely. You would definitely refer a client with a tax issue to a CPA. Similarly, when a client comes to you anxious about money – the landlord wants the rent and Ford Motor Credit is threatening to repossess the Explorer – referring that client to LawMax is part of being a full-service law firm.

Respectful of You and Your Client’s Time and Privacy
We’ve designed the entire pre-settlement funding process to have as minimal an impact as possible on you and your staff. We need to review documentation, so we give you the option of faxing, e-mailing or mailing us hard copies. When you send us hard copies, they are scanned into our system, the originals are shredded, and the imaged documents are kept on secured servers. When a client is approved for funding, we send the Claim Investment Agreement directly to you because we respect the attorney-client relationship, and we assume the client would want you to review the contract on his behalf. Once we receive back the signed documentation, we will overnight the check to your client.

No Risk to You or Your Client
In pre-settlement funding, the funding source assumes all the risk. When you reach an out-of-court settlement or win the case at trial, we are repaid along with any other lien holders. Should your client lose or decide to abandon the case, your client keeps the money and owes us nothing. As the attorney, you assume no liability other than the fiduciary responsibility you already have to see that all lien holders are paid. Once we fund a case, we do NOT get involved in the prosecution of the claim. We are neither back-seat drivers nor Monday morning quarterbacks. If you decide to go to trial, we will back that decision. If you decide it’s time to settle, we will back that decision as well.

Funding for Attorneys and Law Firms
While most of the pre-settlement funding we provide is for plaintiffs – either individual plaintiffs in personal injury lawsuits or businesses that are plaintiffs in commercial litigation – we also provide working capital for attorneys by advancing them funds against their expected fees from a package of lawsuits. And just as pre-settlement funding is not for every plaintiff, law firm funding is not for every attorney. If, however, you’ve maxed out your bank credit line or you need working capital to expand your practice, pre-settlement attorney funding might make a lot of sense.

Full-Service Funding Source
LawMax funds the broadest range of cases and claimants. Like most pre-settlement funding companies, most of our clients are individual plaintiffs in personal injury claims, but we also fund businesses that are plaintiffs in commercial litigation. LawMax is one of a very few funding sources for inheritance and divorce claims, and LawMax even funds appellate cases. 

To learn more about the litigation financing services we offer attorneys and their clients, visit www.litigationfinancing.com.

For more information about financing for commercial litigation, visit www.commercial-litigation-financing.com.

To apply for pre-settlement funding for an individual plaintiff, click here.

To apply for litigation financing for a commercial client, click here.

To apply for funding for your law practice, click here.