Law firms working on high-stakes commercial claims may benefit from commercial litigation funding. By providing a capital infusion before or after the settlement, commercial litigation funding lets law firms unlock the value of their lawsuits. Increasingly becoming a mainstream funding solution, commercial litigation funding is a non-recourse debt—which means if a law firm doesn’t win the case, the debt is forgiven and does not need to be repaid.
Firms and companies that receive capital from monetizing their legal claims can use that capital toward a number of expenses, including litigation costs, attorneys’ fees, expert witness fees, and other court expenses. Specific benefits include:Commercial Claimants
Commercial Law Firms
Obtaining litigation funding starts by suffering a loss or damage, and resolves when repayment occurs after the settlement is reached or the case is adjudicated. Let’s take a closer look at the process:
The capital provided from monetizing legal claims can directly pay for litigation costs, including attorneys’ fees, expert witness fees, and a various amount of other court expenses.
Here are some of the added benefits of financing commercial litigation: