Georgia Law Firm Services

When you work in client advocacy, having access to the resources you need to build the strongest case possible is a top priority. Unfortunately, it can cost thousands or even hundreds of thousands of dollars to build a powerful claim against the individual or entity who wronged your client.

When you are running low on finances but need additional monetary support to continue fighting for your clients’ rights, our Georgia law firm services from Rockpoint Legal Funding could be the answer to your financial troubles.

You likely work for your clients on contingency, so you will only get paid if you win. Our non-recourse loans work in the same way. Our loan specialists are standing by ready to help you access the funds you need to win on behalf of your clients, so apply now or contact our office to discuss how Georgia legal funding works, our criteria for approval, and your authorization limits.

Rockpoint Legal Funding Offers Financial Support to Law Firms in Need

It takes money to build a compelling lawsuit against the defendant. You need to cover the costs of hiring expert witnesses, have data analyzed by professional lab technicians, and spend a considerable amount of time and resources investigating, reviewing case details, following up with witnesses, and handling depositions. You may be well on your way to building a powerful claim on behalf of your client.

However, when resources start to run low, you may be considering alternative funding options. Litigation funding is one of the many Georgia law firm services we offer with Rockpoint Legal Funding. Essentially, you are requesting a cash advance on the attorney’s fee, which you will be paid when you win your client’s case.

Our legal funding is always non-recourse. There is a little risk to you if you lose, as you only have to pay back your pre-settlement funding when you win. Getting a cash advance without the hassle of ridiculously high interest rates may very well be the solution you have been looking for.

Qualifying for Our Law Firm Services in Georgia

Our law firm services in Georgia are not available for every solo attorney or law firm. You must meet strict eligibility requirements for your lawsuit loan application to be approved. Some of the top criteria you must meet for litigation funding approval include:

Creditworthiness

It may surprise you to learn that we do not monitor your credit score or that of your client as part of our application process. We understand that much of your law firm’s resources may have gone to your client’s needs, which could be reflected in your business credit score. For this reason, we do not run a credit check, and having poor credit will not impact the outcome of your application.

Source of Income

While we do not require proof of income for pre-settlement loans, law firms may need to prove that they are actively working with a client for their applications to be approved. We will need to discuss how long it might be before the case is resolved and what your anticipated settlement is. Once we have verified this information and confirmed you meet our eligibility requirements, we can approve your request.

Why a Bank Loan Is Not the Better Option 

When you first realize you need financial support, you may be considering taking out a personal loan, business loan, or even tapping into your personal funds to cover the costs. However, this may be ill-advised. When you are dealing with a financial institution, you must play by its rules.

It is not uncommon for banks and other credit lenders to require personal loans to begin repayment within 30 days of dispersal according to NerdWallet. If it takes another six months or several years for your case to settle, you will need to repay this loan while your case is still ongoing. This could result in even more serious financial issues.

You should also expect to pay excessively high interest rates with a bank loan. The bank can set whatever interest rate it deems appropriate. Some of the most predatory lenders have charged interest rates in the triple digits, which could ultimately cost you more than the value of your initial loan.

How You Can Spend Your Litigation Funding 

Lawsuit loan applicants often have an excess of expenses, as you well know. However, the types of costs litigators have in advocating for their client’s rights are slightly different. The good news is that your lawsuit loan is never restricted or monitored.

We are simply helping you access a portion of your anticipated attorney’s fees in advance. The money is yours to spend however you need to. Many law firms report using their litigation funding to cover investigation fees, court costs, and other necessary expenses throughout the claims process.

However, it should be noted that once your client’s case has been resolved and your attorney’s fees are paid, you will be expected to repay your lawsuit loan. For this reason, it may be in your best interests to budget accordingly. The last thing you want is to wind up in further financial straits.

Trust in Georgia’s Premier Law Firm Financial Services Provider Today

Legal funding for law firms has become one of the top ways to ensure you have access to the finances you need to build a powerful case on behalf of your client. While you may have limited resources, you cannot exhaust them all on one client alone. Tapping into our Georgia law firm services means you can better serve your client’s needs instead of having to turn their case over to another law firm that has the resources yours does not.

Rockpoint Legal Funding offers the financial support you need when you need it most. Discuss lawsuit loan terms and conditions, as well as eligibility requirements, and start prioritizing your costs when you contact our loan specialist to discuss your specific needs. You can reach us by phone, through our quick contact form, or by applying now and, upon approval, receive your pre-settlement legal funding in a matter of hours.