Law Firm CFO Services’ Post

Empowering Justice Through Litigation Financing In our quest for justice, the financial burden of litigation often stands as a formidable barrier. How can we ensure that every deserving case gets its day in court, regardless of financial muscle? Litigation financing emerges as a critical solution, offering a lifeline to those caught in this dilemma. It's a strategy I've come to value deeply, recognizing its potential to democratize access to justice. By understanding when and why to leverage litigation finance, we can unlock opportunities for a broader range of clients, ensuring they can take on adversaries on an equal footing. The landscape of litigation funding is diverse, with commercial and patent litigation at the forefront, yet open to a wide array of cases. This variety underscores the sector's growth and its increasing receptiveness to various legal battles. The essence of choosing cases for litigation financing lies in their potential for significant returns, but it's important to remember that size isn't everything. Smaller cases and firms are increasingly benefiting from this support, debunking the myth that only the largest firms or cases qualify for funding. Our role extends beyond financial expertise; we're advocates for a just system where financial barriers do not dictate the pursuit of justice. By embracing litigation financing, we empower ourselves and our clients, enhancing our strategies and resources to champion their causes effectively. As we navigate these waters, let's remain committed to exploring every avenue that litigation financing offers, ensuring that justice is accessible to all, not just a privileged few. #JusticeForAll #LitigationFinancing #LegalInnovation #EqualAccessToJustice

Empowering Justice Through Litigation Financing In our quest for justice, the financial burden of litigation often stands as a formidable barrier. How can we ensure that every deserving case gets its day in court, regardless of financial muscle? Litigation financing emerges as a critical solution, offering a lifeline to those caught in this dilemma. It's a strategy I've come to value deeply, recognizing its potential to democratize access to justice. By understanding when and why to leverage litigation finance, we can unlock opportunities for a broader range of clients, ensuring they can take on adversaries on an equal footing. The landscape of litigation funding is diverse, with commercial and patent litigation at the forefront, yet open to a wide array of cases. This variety underscores the sector's growth and its increasing receptiveness to various legal battles. The essence of choosing cases for litigation financing lies in their potential for significant returns, but it's important to remember that size isn't everything. Smaller cases and firms are increasingly benefiting from this support, debunking the myth that only the largest firms or cases qualify for funding. Our role extends beyond financial expertise; we're advocates for a just system where financial barriers do not dictate the pursuit of justice. By embracing litigation financing, we empower ourselves and our clients, enhancing our strategies and resources to champion their causes effectively. As we navigate these waters, let's remain committed to exploring every avenue that litigation financing offers, ensuring that justice is accessible to all, not just a privileged few. #JusticeForAll #LitigationFinancing #LegalInnovation #EqualAccessToJustice

Empowering Justice Through Litigation Financing In our quest for justice, the financial burden of litigation often stands as a formidable barrier. How can we ensure that every deserving case gets its day in court, regardless of financial muscle? Litigation financing emerges as a critical solution, offering a lifeline to those caught in this dilemma. It's a strategy I've come to value deeply, recognizing its potential to democratize access to justice. By understanding when and why to leverage litigation finance, we can unlock opportunities for a broader range of clients, ensuring they can take on adversaries on an equal footing. The landscape of litigation funding is diverse, with commercial and patent litigation at the forefront, yet open to a wide array of cases. This variety underscores the sector's growth and its increasing receptiveness to various legal battles. The essence of choosing cases for litigation financing lies in their potential for significant returns, but it's important to remember that size isn't everything. Smaller cases and firms are increasingly benefiting from this support, debunking the myth that only the largest firms or cases qualify for funding. Our role extends beyond financial expertise; we're advocates for a just system where financial barriers do not dictate the pursuit of justice. By embracing litigation financing, we empower ourselves and our clients, enhancing our strategies and resources to champion their causes effectively. As we navigate these waters, let's remain committed to exploring every avenue that litigation financing offers, ensuring that justice is accessible to all, not just a privileged few. #JusticeForAll #LitigationFinancing #LegalInnovation #EqualAccessToJustice

Empowering Justice Through Litigation Financing In our quest for justice, the financial burden of litigation often stands as a formidable barrier. How can we ensure that every deserving case gets its day in court, regardless of financial muscle? Litigation financing emerges as a critical solution, offering a lifeline to those caught in this dilemma. It's a strategy I've come to value deeply, recognizing its potential to democratize access to justice. By understanding when and why to leverage litigation finance, we can unlock opportunities for a broader range of clients, ensuring they can take on adversaries on an equal footing. The landscape of litigation funding is diverse, with commercial and patent litigation at the forefront, yet open to a wide array of cases. This variety underscores the sector's growth and its increasing receptiveness to various legal battles. The essence of choosing cases for litigation financing lies in their potential for significant returns, but it's important to remember that size isn't everything. Smaller cases and firms are increasingly benefiting from this support, debunking the myth that only the largest firms or cases qualify for funding. Our role extends beyond financial expertise; we're advocates for a just system where financial barriers do not dictate the pursuit of justice. By embracing litigation financing, we empower ourselves and our clients, enhancing our strategies and resources to champion their causes effectively. As we navigate these waters, let's remain committed to exploring every avenue that litigation financing offers, ensuring that justice is accessible to all, not just a privileged few. #JusticeForAll #LitigationFinancing #LegalInnovation #EqualAccessToJustice

Disputes that utilize commercial litigation funding contain the hallmarks of a traditional lawsuit, but they also embody many distinct differences due to the funder/fundee relationship and details of the matter at issue. As a corollary, financially distressed companies represent a growing segment of all fundees in the market, and concerns regarding information sharing, attorney-client privilege, and work product protection abound. The final installment of our Litigation Funding Series by #MuchPrincipals Jonathan Friedland and Jeremy Waitzman addresses frequently asked questions concerning litigation and important considerations for distressed fundees: https://bit.ly/3IWWFxI

Big Law Costs vs. Smart Litigation – Why Trial Doesn’t Have to Break the Bank: A mediator recently told our client, based on his Big Law experience, that litigating their case would cost $300,000 to $400,000 through trial. We couldn’t help but laugh. Because while Big Law might run up those kinds of bills, that’s not how we operate. At our firm, we’ll take the same case to trial for $15,000 to $20,000. And we’ll likely win. How? It's not magic. It’s about efficiency and a smarter approach. Big Law firms have their merits. They’re loaded with resources, and they know how to stretch out a case. But that often comes with sky-high costs that most businesses can’t, or shouldn’t, have to bear. Litigating doesn’t have to break the bank. We understand that you’re not looking to blow your budget on a case—you’re looking for solutions, and preferably ones that don’t cripple your business. Sure, we could make litigation more expensive, but we’re not in the business of milking our clients. We’re in the business of winning cases in the most efficient way possible. We focus on strategic litigation, meaning we cut out the unnecessary steps that often bloat legal fees. We know when to push a case forward, when to negotiate, and how to keep costs in check without sacrificing the quality of representation. The truth is, going to trial can be financially daunting—but it doesn’t always have to be. If you’ve been led to believe that your case is a six-figure endeavor just to see a courtroom, maybe it’s time to get a second opinion. Litigation should work for you, not the other way around. Some cases should go to trial, but they don’t need to drag on with excessive billing along the way. Sometimes a smarter, streamlined approach can get you the same result at a fraction of the cost. That’s what we do every day. Have any questions? Contact our attorneys below👇 📞 (305) 570-2208 ✉️ eayala@ayalalawpa.com #lawyer #lawfirm #legaladvice #legaltips

Litigation funders face new restrictions in Louisiana after its governor signed a bill to regulate the growing industry, joining a small list of other states that have considered or approved similar laws. Under the legislation, which Republican Governor Jeff Landry signed on June 19, funding in civil actions by litigation funders from a ‘foreign country of concern’ must be disclosed to the state attorney general. Third-party litigation funders under the bill, are also prevented from influencing or directing the parties in cases in which they invest. The measure also makes the existence of a litigation funding contract subject to discovery in civil actions. It is set to take effect on Aug. 1. Litigation funders invest in lawsuits or other legal claims in exchange for a cut of any recoveries. The U.S. litigation funding industry has grown over the past decade, with funders that invest in commercial litigation in the U.S. market reaching a combined $15.2 billion in assets under management in 2023. Read more from Sara Merken: https://reut.rs/3XCrTmd

Let me tell you about one of the worst things a client can do in litigation. The client tells the attorney they want to aggressively litigate, they have plenty of resources and money to fight, and the client says they understand the time and expense of protracted litigation - the client want you as the attorney to zealously advocate for them. And the attorney does. While being ethical and professional, the attorney takes a very aggressive, comprehensive approach, and as both parties spend tens of thousands of dollars in attorney fees, the parties become entrenched in their positions. Settlement has become much less likely. Now, several months later, the client comes back to the attorney, and tells the attorney they were not exactly honest about the amount of resources they had to fight this case, they did not appreciate or truly understand how expensive this was actually going to be, and now they want to settle. However, because the client has taken such an aggressive litigation posture, the opposing party now has little to no incentive to resolve the case, especially after they have spent tens of thousands of dollars to litigate, too. Unfortunately, I see this all the time. As I tell my clients, there is usually a substantial financial difference between being right, and the cost of proving that you are right. I am very honest, upfront, and open about the risks and potential costs of litigation, and yet, this still happens all too often. For the practitioners out there, do you have any advice to help your clients truly appreciate the cost of protracted litigation, or to ensure that your clients have the financial ability to pay for litigation not for the next three months, but potentially for the next three years?

Download this litigation financing guide to learn: • What litigation financing can provide for your firm • New micro-financing options available for law firms • How the financing process works • What’s coming in the years ahead Don't miss out! https://bit.ly/4bJQYQt Sponsor: Steno #Paralegal #LitigationFinancing #LawFirm

Litigation funding - no longer limited to class action plaintiff firms? “The 200 largest US law firms by revenue accounted for more than a third of total capital commitments (to litigation finance firms) in two of the past three years.” I wonder how long it will take Wall Street to figure out how to bundle these litigation financed lawsuits into a commodity that can be traded. https://lnkd.in/e-uKKxhs