Legal funding in Los Angeles can take several different forms to enable plaintiffs to access finances they are expecting from pending civil cases when they need it most. There are also litigation financing options for solo attorneys and smaller firms to obtain the needed capital to provide their clients with services comparable to those of large corporate firms. Rockpoint Legal Funding provides the financing required to enable plaintiffs to support their families and attorneys to serve their clients so that all may seek justice.
When you have suffered catastrophic injuries and are falling behind on your daily living expenses or are dealing with struggles related to any type of civil claim, do not lose hope. There is help for individuals and law firms that are seeking California legal funding. Contact Los Angeles Legal Funding for more information on how you can get the financial support you need to support your clients and keep your bills current.
Different Options for Specific Financial Situations
Legal funding for both plaintiffs and lawyers has become increasingly popular in the past few years. According to a study by Custom Market Insights, it is estimated to grow even more in the upcoming decade. One of the main reasons for this growing trend is the persistent congestion of the judicial system while the rising population tends to create an increase of litigation.
To address the needs of personal injury victims and the attorneys representing those clients, Los Angeles Legal Funding offers the necessary financial relief people need to rebuild their lives. While you are recovering from debilitating injuries, your bills continue to pile up while anticipating the just compensation you are entitled to. Likewise, independent lawyers and attorneys in small firms sometimes need additional financial support to provide their clients with the best opportunity for a positive outcome.
We Offer Los Angeles Legal Funding for Injury Victims to Get Back to Their Normal Lives
Legal funding can be known by several different terms. Some examples used to describe these types of funding include lawsuit loans, pre-settlement legal funding, post-settlement legal funding, litigation financing, and third-party legal funding. Depending on your specific needs and the circumstances of your case, Rockpoint Legal Funding may be able to offer you the monetary support you need.
For personal injury victims who have hired a lawyer and filed a lawsuit against the at-fault party, pre-settlement funding may be available if the basic requirements are met. When you apply for a pre-settlement loan, we will reach out to your attorney to discuss the particulars of your case. If you have a strong case with an expected financial settlement, you may be eligible for pre-settlement legal funding.
We Also Have Los Angeles Legal Funding for Independent Lawyers and Small or Boutique Law Firms
Vast corporate law firms usually have the benefit of near-limitless financial resources. Smaller law firms and solo lawyers often do not have the unlimited budgets that their corporate rivals have access to. Rockpoint Legal Funding can provide the funds necessary to support their clients to the best of their ability.
From hiring skilled professional investigators to securing forensic specialists to analyze critical evidence, independent attorneys need significant capital to acquire these services. Other methods like accessing expert witnesses also require funding to give their clients the best possible outcome. Rockpoint Legal Funding can provide the support your law firm needs to ensure victory in court.
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The Cases We Fund
Various types of civil cases and lawsuits require significant upfront funding to be successful in recovering fair and just compensation for personal injury victims. Many personal injury lawyers work for their clients on a contingency basis, meaning they only get paid when the lawsuit is successful. Some of the cases we provide funding for include:
- Car accidents
- Truck accidents
- Motorcycle accidents
- Pedestrian accidents
- Bicycle accidents
- Bus accidents
- Premises liability cases
- Nursing home negligence cases
- Dog bites and attack cases
- Defective product liability cases
- Construction site accidents
- Slip and fall cases
By no means is this a complete and exhaustive list of the cases we typically offer funding for. Every personal injury case is unique and occurs with distinctive circumstances. Our knowledgeable and professional representatives can offer insights into your particular case when you apply for legal funding.
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The Los Angeles Legal Funding Application Process and Requirements
When applying for pre-settlement or post-settlement financing, there are some basic requirements that you must consider to assess your potential eligibility. As a personal injury victim or plaintiff in a civil claim, you must be 18 years of age, you must have a reputable and qualified attorney representing you, and you need to have filed a lawsuit to be eligible for legal funding. Your lawsuit should also have an expected payout when it is successful.
Settlement funding from Rockpoint Legal Funding can be thought of as a cash advance against your lawsuit’s estimated value. As such, you should discuss your intention to seek legal funding with your personal injury attorney so they will not be caught unaware when we contact them for the details of your case. Your lawyer will also need your permission to discuss your case with our representatives so they are not in danger of violating your attorney-client privilege.
The process for lawyers and law firms is very similar to the application process for injury victims. To access litigation financing, your attorney will need to have a pending lawsuit with an expected compensatory package with an estimated value. As with personal injury victim funding, your attorney will need your permission to divulge the details of your lawsuit to determine the viability of receiving the funds they need to provide you with the best possible services that you deserve.
How Legal Funding Can Be Utilized
Considering the structure of legal funding and its direct relation to your expected settlement, the money you receive may be used however you need to. Covering daily expenses like groceries, paying credit cards to avoid damage to your credit score, and keeping current on monthly expenses like rent and utility bills are all ways our clients have used their loans. Attorneys can use their litigation funding to cover the costs of expert witnesses, investigators, and forensic specialists to better serve their clients.
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Financial Security Is within Reach with Rockpoint Legal Funding
As a personal injury victim, you are already suffering enough and should be focusing on your physical, mental, and emotional recovery. Increased stress from worrying about how you are going to pay your bills is a hardship that you can avoid. Los Angeles Legal Funding can help ease your concerns with financial support through our various funding options.
Help put your clients’ minds at ease, knowing you can represent them the way they deserve. Our representatives are standing by to alleviate your concerns and answer your questions. Apply now or submit your request for more information with our convenient and secure contact form. Discover your options today.
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Presettlement Legal Funding.