Litigation can get expensive, fast. Litigation finance is a funding tool many companies are considering to help cover the fees and expenses related to major legal claims. We at Lake Whillans Litigation Finance have compiled a list of questions to help you determine if your client is a candidate for litigation finance.
Is litigation finance the answer?
Here’s the first question to consider:
In other words, is your client publicly traded with regular fulfillment of bond/equity offerings with minimal transaction costs? If the answer is yes, litigation finance probably isn’t the best option in terms of economics (it still might be attractive for other reasons).
But if the answer is no, next ask yourself:
Also consider:
What next?
If litigation finance makes sense for your client’s claim, the next step is to work through these questions in more detail. Click here to download the Lake Whillans Guide to Litigation Finance.
It’s an analytics tool to get you started on evaluating whether or not it’s more profitable to self-finance or use litigation funding. Keep in mind, this is just a starting point. We are always happy to answer any questions or help you work through our interactive guide, including its methodology.
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