It’s expensive for companies to fight a lawsuit, no matter which side of the courtroom they’re on. The Court Statistics Project found that the median costs for business contract suits, which make up 60% of the 20 million civil cases filed annually, totaled $91,000. Liability lawsuits had a median cost of $54,000. Some businesses may
Corporate counsel work under immense pressure to protect and advocate for the companies they serve.
Law firms must be able to meet potential client demands to land desirable commercial litigation cases. Meeting those demands can be financially difficult during the often-lengthy process of discovery and litigation, sometimes even damaging a firm’s long-term business outlook. Commercial litigation funding allows attorneys to accept the cases they want—by turning those cases into capital-producing
The practice of law often brings unique cash flow challenges. Some clients pay hourly fees, while others under a contingency agreement may only pay from proceeds after successful case resolution. In the meantime, the lawyer or firm continues to bear operational costs. Whether your cashflow matters fit neatly into one of these examples or are