Like any business, law firms can suffer from inconsistent income. But unlike other organizations, law firms have a unique option available to address this issue: law firm funding. This alternative financing method allows firms to leverage strong cases before settlement rather than waiting for the conclusion. Best of all, how to use the funds is your choice, from paying current expenses and financing new cases to growing the firm.
Some of the most valuable assets a law firm has are the cases it's litigating. However, few financial institutions have the skilled underwriting teams to evaluate these cases' probability, and none will offer non-recourse advances based on their anticipated settlements.
A leader in litigation finance, Pravati Capital is different. Not only does our team of experienced litigators and financial professionals understand a law firm's unique needs, but we also know how to evaluate a case probability to make intelligent investments in the assets those cases create. Depending on the situation, Pravati will customize its investment in non-recourse, recourse, lines of credit, portfolios, and investment structuring.
