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Appeal Finance 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 Appeal Finance?
Clients may use Appeal Finance 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.
If you are an attorney or law firm and you need assistance with financing legal practices, contact our appeal finance specialists for a complete discussion of how our experience and resources can be put to work for you.
