Get Superior, No-Risk Legal Funding.

Legal funding is when a legal financing company provides an attorney or a plaintiff with a portion of their settlement or fees in advance of the case settling or after it settles.

Risk-free lawsuit pre settlement loans  (aka pre-settlement funding, plaintiff funding, client legal funding) are cash advances to victims pursuing a legal battle. This means that plaintiffs can borrow money against their future settlement award and, sometimes, judgments. Lawsuit financing is a non-recourse financial transaction in which a settlement funding company is advancing money to you because underwriting strongly believes that you will win your case and pay back the funds while bringing many advantages to your financial situation. Essentially, pre-settlement funding or legal financing for plaintiffs is an investment in the outcome of your lawsuit(s). 

The lawsuit finance process consists of the following:

• Plaintiffs apply online or by phone. ***You must be represented by an attorney. Your lawyer’s co-operation is critical.
• Then, we perform a rigorous analysis of legal merits and parties, the strength and length of your litigation, and the defendant’s ability to compensate. 
• Lastly, we set up a conference call with counsel. The quicker we have any relevant questions answered by the attorney in charge, the faster funds will be released upon approval.

The litigation funding process:

The litigation finance process is different from lawsuit financing and a lot more complex. This includes an in-depth analysis of a case or portfolio of cases (for attorneys). The underwriting time differs on every application. It can take as little as a week for procedurally mature cases and as long as two months for infancy cases.

Baker Street Funding’s initial review of your application is based on our initial phone call, where you will provide publicly available information about your client’s claim. If interest is expressed and depending on your client’s needs, we may require further documentation and a scheduled call with our underwriter. Based on that call/communication and documentation, our underwriter will make the ultimate funding decision. Most cases sent by attorneys get funded because attorneys usually send strong claims.

Our involvement as investors does not affect the attorney-client privilege. Multiple recent rulings in all matter of courts have upheld the fact that conversations with third-party lawsuit funding companies are protected by common interest doctrine and thus deemed privileged and confidential. You can rest assure that you are in no way waiving any of your legal rights to confidentiality by seeking pre-settlement funding for your client.

Acquiring the funds you need also allows you to deal with the insurance company’s long settlement waiting period. Whether it is employment discrimination or a wrongful imprisonment case or a wrongful death claim, lawsuit financing many times helps victims settle for a larger settlement award. Pre-settlement financing helps victims challenge insurance’s low-ball offers.

Learn more about lawsuit funding here  →

No, lawsuit financing has no risk. Baker Street Funding provides funding on a non-recourse basis – meaning, if you lose the case, you are no longer obligated to repay the legal funds. Legal finance companies accept the risk that the case might not win, so your claim is carefully examined to ensure your victory before approving you and making you an offer. 

• If you are an attorney, please call (888) 711-3599 to speak further about your legal funding request.
• For plaintiffs, you must be represented by an attorney to pre-qualify.

If your case is secure and you have a high probability of winning, you more than likely qualify for case funding. 

It usually takes between 24-48 hours for the legal funding company to analyze your case and approve it. We offer, in some cases, same-day same-day settlement loans, such as pre settlement loans for auto accident victims and personal injury pre settlement loans.

If you are looking for other products such as corporate litigation funding or post-settlement attorney funding. In that case, the process can vary from 2 weeks to 3 months, depending on your litigation difficulty. 

Yes. Baker Street Funding provides post-settlement loans for law firms and attorneys.

Disclaimer:  Post settlement funding for attorneys are also known as case cost funding,  law firm loans, working capital financing, lawyer funding, disbursement funding or litigation funding for attorneys.