Legal funding

Law funding is the process of being able to borrow against the expected settlement or award from a pending lawsuit. AM Legal Funding is New York’s premier law funding corporation and can provide a decision to all clients within a week and to most within 48 hours. This is critical when a client is trapped in the legal minefield of the current American civil litigation system. In today’s day and age, there are no simple lawsuit resolutions. This is doubly true when one of the parties is a corporation or an insurance company facing the average citizen. The facts of the case are on the side of the person who was harmed by the corporation’s negligence, but months and months go on without a reasonable settlement offer and an actual award may be years away. There’s a method to the madness of companies and their insurers. By delaying cases as long as possible, an individual begins to rely on the prospects of that money and when it isn’t forthcoming they may not make the best decisions about their case. Law funding helps to ease the unenviable position of taking on a corporation, the insurance company, and teams of $500 per hour attorneys. AM Legal Funding will review all the facts of the case, gauge someone’s chances of success, and borrow the individual money based on a likelihood of success. This business model is extremely new, but AM Legal Funding has the experience and expertise to make everyone the most fair offers possible. By working with the plaintiff and their attorney we discuss all of the nuances of the case and are able to make a judgment on the likelihood of success. Depending on the person’s financial situation, they may choose to accept or reject law funding, but having it as an option has already began to force defense attorneys, insurance companies, and others to make the judicial system a more fair arena. Law funding is paid back with insurance when a satisfactory settlement or jury award is reached. But what law funding does is give plaintiffs everywhere the benefits of time. With no financial clock winding down, a person is able to reject those insulting offers and take the case to trial, if need be. Law funding takes away the main leverage that defendants and insurance companies have, mounting bills, time away from work and family, and the other expenses of everyday life that a defendant has to encounter. A lot of individual’s first caveat about law funding is that if they lose or get an unsatisfactory settlement they are just adding another debt to their mounting ledger. Fortunately, law funding doesn’t work in that fashion. If AM Legal Funding makes an offer and it’s accepted, the debt is on our books. If there is no settlement or award, the law funding cash debt is gone, no questions asked. If there is a settlement or an award, the law funding is paid back with interest. AM Legal Funding wanted to design a business model that helps even out the odds and gives people the chance to be victorious in court and receive everything they are entitled for. By doing so, we became the #1 providers of law funding to the tri-state region. We are eager to discuss the facts of any case with or without the defense attorney present. Of course, confidentiality is guaranteed and there is no obligation.