AppealFinance Description

AppealFinance® is our risk-free solution to the financial demands of the civil litigation process. It can provide attorneys and plaintiffs with up to $1 million in immediate cash before an appellate decision is reached. This innovative financial tool is not a loan. It is a non-recourse investment in a portion of a money judgment on appeal. It can provide funds to cover expenses, supply operating capital and pay bills. It can remove the financial urgency to settle on unfair terms and allows the attorney and the client to vigorously defend the judgment on its merits. It can also provide the means to retain the service of an accomplished appellate attorney. And unlike a loan, the funding does not have to be repaid if the case is ultimately lost.

AppealFinance Benefits

• Provides non-recourse investments of up to $1 million in cases on appeal.
• Helps level the playing field against a financially stronger opponent.
• Immediate cash alleviates day-to-day financial pressures for clients and attorneys alike.
• Provides attorneys with operating capital to pay overhead, meet expenses, or expand their professional practice.
• Provides clients with funds to pay household bills, medical expenses, and protect savings from depletion.
• Never any monthly principal or interest payments.
• If the case is ultimately lost, no money is owed or repaid.
• No interference in attorney client relationship.
• Ethical.

AppealFinance Pricing

LawFinance Group has no single pricing formula when it comes to making an AppealFinance investment in a money judgment on appeal. Each funding decision is made on a case-by-case basis.

We have spent many years developing underwriting standards that allow us to make investments where other financial organizations hesitate to do so.

In effect, LawFinance Group, the client and the attorney are each taking a risk on the outcome of the case. If the defendant ultimately wins, the client and the attorney keep all the money LawFinance Group advances, and LawFinance Group loses its investment. If you lose, there is no recourse. We wish you well and close our file. If you win, we win, too.

We conduct careful due diligence on each case submitted. This usually involves an evaluation by a member of our Appellate Panel in your state. When and if a transaction with you closes, we recover a portion of our due diligence costs as closing costs.

AppealFinance Q & A

What is an example of a case on appeal LawFinance Group would fund?

Your case has just been tried and you have been awarded a substantial judgment. However, the length of the litigation may have placed a financial strain on both the client and attorney. The defendant may be trying to squeeze you and play the appellate process to their advantage. Fortunately, the money judgment on appeal is an asset that can be used to strengthen your bargaining position. A minority investment in your judgment would provide the funds to help level the playing field. It is a way to gain added liquidity to meet whatever financial demands the victorious client and attorney may face.

Everyone is concerned with the legal ethics of investments and loan programs like these. Are they ethical? Our AppealFinance program is ethical. LawFinance Group makes only a minority investment in your money judgment on appeal. We do not offer legal advice and we do not interfere in the attorney-client relationship in any way. LawFinance Group is run by attorneys who fully understand just how central the issue of ethics is to attorneys and their clients. We are simply offering additional financial options that could prove helpful.

Does an attorney ever surrender control of a case?

Never. Any surrender of control would be unethical. Although we are attorneys and understand the appellate process intimately, we do not offer legal advice or services. We do not assume control of the case, or interfere in the attorney-client relationship. We receive no privileged information. Think of us simply as a passive investor in your hard work.

Is LawFinance Group like a bank or other lender?

LawFinance Group is a financial services company, a licensed lender and broker. As such, we have the flexibility to make both investments in money judgments on appeal and direct business loans to law firms seeking greater liquidity.

How have clients made use of the money provided by AppealFinance?

Clients may use AppealFinance funds for any purpose they wish. Clients have used their AppealFinance funding to pay mortgages, medical bills, business expenses, attorney's fees and college tuition, to name a few examples.

May both the client and the attorney receive funding for the case?

Yes. A client may sell a portion of his or her judgment on appeal and an attorney may sell a portion of his or her fee lien interest in the case. Of course, for recovery, we look only to the proceeds owned by the party to whom the advance was made.

How have clients made use of the money provided by AppealFinance?

Clients may use AppealFinance funds for any purpose they wish. Clients have used their AppealFinance funding to pay mortgages, medical bills, business expenses, attorney's fees, and college tuition, to name a few examples.