Pravati Capital Patent Litigation Funding
Considering Patent Litigation Funding When law firms have the opportunity to take on high-profile or precedent-setting intellectual property cases, they shouldn’t let a lack of funding stand in their way. Litigation funding offers those firms a non-recourse source of funds an advance on an anticipated settlement or judgment for a strong IP case. The advance funding they receive can be used to meet various costs of fighting the case⁠ – increasing their chances of winning⁠ – and can also be used to support operational costs, ensuring continued growth and success.
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Fighting Intellectual Property Cases is CostlyLawyers fighting intellectual property cases must constantly sharpen their skills by monitoring changes and trends in intellectual property law. Oftentimes spanning multiple jurisdictions and countries, IP is a fast-changing area where newly fought cases can set precedents that requires lawyers to shift gears and create new plans of attack. These constantly shifting sands make fighting intellectual property cases both expensive and time-consuming. But with the American Intellectual Property Law Association reporting that, in 2017, for IP cases with potential awards ranging from $1 million to $10 million, the average legal cost was $1.7 million. Fees in this range make cases well worth handling, but many firms will need an influx of capital to help continue business-as-usual. IP law is often broken down into two categories: hard and soft.
“The complex and challenging world of IP law presents a number of problems to be solved — and litigation financing can help.”
Fighting ForClients
Lawyers who specialize in IP law fight many different types of cases. One day they might be in court over copyright infringement, and the next fighting an unfair competition case involving trademark infringement. The following month they may be working on an arbitration over cybersquatting or internet piracy. No matter what type of IP law infringement a lawyer or law firm is combating or whether their client is fighting it out in a courtroom or a deposition, litigation funding is a valuable tool in the battle. Litigation fudning provides a proven method for firms to secure an advance on anticipated fees dervied from their case(s). Funds can be used to meet various costs of fighting the case, or to support costs of running your firm, thus ensuring continued growth and success.

Patent Litigation Financing Give Firms Breathing RoomWe understand the challenges law firms face when representing clients, choosing which new cases to take on, and embracing marketing efforts to secure future clients. Once paid, funds can:

  • Give firms the capital they need to maintain operating expenses and marketing while fighting IP cases.
  • Allow firms to take on promising clients who might not otherwise be able to afford their services.
  • Give law firms the opportunity to take on precedent-setting cases.
  • Give law firms’ marketing teams the ability to continue reaching out to new clients.
  • Provide firms the financial strength to hold out for the largest possible settlement.

Don’t unnecessarily limit your firm’s potential; contact Pravati Capital today to learn how our patent litigation funding will give your firm what it needs to keep growing.

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