Category:Attorney Funding

Attorney Funding also called a law firm loan is a cash advance to a trial attorney. Attorney funding can be used by trial attorneys who handle cases on a contingency fee basis. Attorneys can secure attorney funding on a non recourse funding basis, meaning against future compensation from lawsuits.

Attorney funding is a loan based upon the value of active cases and not on personal assets. An attorney may secure funding to help litigate cases without using their own financial resources.

The litigation process can be a rather lengthy proposition and without the financial backing from a legal financing institutions many attorneys wouldn't have the financial backing to fight against the defense. By securing a loan, the attorney may have more leverage during the litigation process.