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Post Settlement Attorney Funding Information

Attorney “No Risk” Post Settlement Loans
Attorney Post Settlement “Lines of Credit”

1st Choice Funding offers an innovative financial approach as an invaluable service in legal support assisting attorneys who need to acquire capital for pending Post Settlement cases. This innovative financial service is tailored to meet the financial needs of Attorney's nationwide (except Ohio) who elect not to tie up taxable resources and cash flow during the often lengthy appeals process. Why should your firm "float the boat" for a client while you’re absorbing tax consequences even for years on monies tied up in legal expenses when a ready resource is now available which makes any firm, no matter the size, equal in financial resources thanks to 1st Choice Funding's Post Settlement Attorney Funding resources.

What is “No Risk” Post Settlement Funding? Simply put; “No Risk” Post Settlement Attorney Funding is a pooling of resources from private venture capital partners whose unlimited investment capital is readily available to provide a cash infusion to law firms nationally. “No Risk” Post Settlement attorney funding requires no monthly payments or repayment obligation if the case is unsuccessfully collected. Further, Non-Recourse Post Settlement funding provides cash prior to collection and is based on merit & credit. Non-Recourse Post Settlement Funding provides attorneys significant benefits as each attorney receives the financial capability of custom tailoring a "financial plan of action".

Far too often well deserving plaintiffs are unable to finance the expenses of a case, and as the attorney your firm may not financially survive the long periods of delay complex cases, prior to resolution, create. Common today are "deep-pocketed insurance companies" who leverage the imbalance at their disposal as they force premature, and monetarily inadequate settlements of meritorious lawsuits simply because the opponents resources are limited.

With 1st Choice Funding's "No Win...No Pay...No Risk" Post Settlement Lawsuit Loan solutions balancing the scales of justice as investor revenue provide an inexhaustible resource of capital. Once our preliminary criteria is met, an underwriting staff comprised of legal experts evaluate the case merits and either recommend or decline investment. It's important to note that although our investors underwrite your firms capital resources, your firms integrity is never in question as investors shall never interfere in any form with the way your firm conducts the legal process. Investor approval comes after adequate discovery is performed.

Once a case is approved for funding, investors advance anywhere from ten percent (10%) of the projected contingency fees to 70% depending on the status of the case, pre or post settlement. Investor capital is available as either a one-time funding or incremental funding over time. By way of example if we estimate the value of a case to be $250,000.00 our investors will advance up to $175,000.00 to the firm with the purpose of covering all legal expenses including fees for expert witnesses, investigators, discovery and depositions, etc., thus facilitating the law firm’s ability to litigate the case to the full.

Since inception, our portfolio of investors have advanced approximately $300 million as some cases have reached final resolution and others remain unresolved, but this is the risk assumed.

Yes you earned it and yes you even paid taxes on it, but while it was tied up in case expenditures you benefited none, now look at the value of the cash you tie up in case expenses in the following chart, the “free money you donate to your clients” actually shrinks due to inflation, plus there’s the very real possibility your loosing opportunities to invest your cash in appreciating assets.

Examine carefully the chart and pay special note of facts regarding leaving your cash in a case with 0% return versus investing that cash in a tax-deferred investment account earning only 5% interest.

Your Firm Has Options…..


*“No Risk” Attorney Post Settlement Lawsuit Loans require no monthly payments or repayment obligations if a case is unsuccessfully litigated.

For “No Risk” Attorney Post Settlement Lawsuit Loans of $50,000.00 or Less;

  • No Monthly Payment
  • Lawsuit Loan Funding in 3-5 days
  • 1st Choice Set Up Fee 10% of Funding Amount
  • Lawsuit Loan Interest Rate: 3-5% interest

    For “No Risk” Attorney Post Settlement Lawsuit Loans of $50,000.00 to $20,000,000.00 Please Click Here

  • No Monthly Payment
  • Funding in 2-8 weeks
  • Fee includes Sliding Scale for Set Up based on Amount of Capital
  • 3-5% monthly interest

    Post Settlement “No Risk” Attorney Lawsuit Loans- the "Risk Free" Solution

    Every attorney experiences ups and downs in cash flow, and at times in the practice of law the downs and ups are closely related. Big cases increase expenses while depleting cash flow. Settled case often delay months before being compensated. With all such against your cash flow you need immediate answers to stay ahead. 1st Choice Funding offers an innovative solution through investors who leverage a "No Risk" lawsuit loan to your firms future settlement fees for cash TODAY! Busy practices need to focus on client's needs, not cash flow. 1st Choice Funding provides a solution to the cash crunch many firms experience on Post Settlement Case payoffs.

    Additional benefits of Non-Recourse Post Settlement Attorney Funding is a lowered cost of operations as “No Risk” Post Settlement Attorney Funding positions attorneys with the ability to achieve "interest free money." How is such possible? Please review the following information and see if you do not agree 1st Choice Funding provides legal professionals with innovative financial solutions. After evaluating the following information evaluate the financial benefits Non-Recourse Post Settlement Attorney Funding delivers. Prove beyond a shadow of a doubt the clear facts regarding “No Risk” Post Settlement Attorney Funding as a more effective cash flow management mechanism than "out of pocket cash outlays" or traditional bank financing.

    “No Risk” Attorney Post Settlement Funding Overview

  • “No Risk” Post Settlement Funding Offers: "Interest free financing" as successful cases are permitted to pass “allowed expenses” interest.
  • “No Risk” Post Settlement Funding Repayment: Is only reimbursed on successful cases. “No Risk” means “No Risk” to the recipient.
  • “No Risk” Post Settlement Funding Provides: Financial staying power and a "win-win" scenario for the attorney.
  • “No Risk” Post Settlement Funding Eliminates: Financial worries so full devotion is allocated to fully litigating case.
  • “No Risk” Post Settlement Funding Facilitates: The best experts who provide quality evidence enhancing the probability of success.
  • “No Risk” Post Settlement Funding Provides: Staying power against financially more powerful opponents.
  • “No Risk” Post Settlement Funding Produces: Immediate cash as attorney recaptures investments in case expenditures.
  • “No Risk” Post Settlement Funding Produces: A true "Win-Win" scenario for the attorney of record.
  • “No Risk” Post Settlement Funding Supplies: Fiscal relief when capital allows time to litigate case.
  • “No Risk” Post Settlement Funding Provides: An equalizing when counselor isn't under duress to remediate.
  • “No Risk” Post Settlement Funding Reduces: Fiscal limitations associated with high profile cases.
  • “No Risk” Post Settlement Funding Means: Never turning a case away or co-counseling because of financial limitations.
  • “No Risk” Post Settlement Funding Allows: Litigation to progress rapidly when there’s no juggling of funds waiting for a case to settle.
  • “No Risk” Post Settlement Funding Eliminates: Taxation of phantom income when earnings are re-invested in case expenditures.
  • “No Risk” Post Settlement Funding Increases: Profitability as cases with larger settlements generate increased earnings.


    What Types of Post Settlement Cases Are Eligible For “No Risk” Funding?

  • Motor Vehicle Injuries
  • Passenger Injuries
  • Pedestrian Injury
  • Personal Injury
  • General Negligence
  • Legal Malpractice
  • Civil Rights
  • Employment Discrimination Whistleblower (Qui Tam)
  • Product Liability
  • Construction Negligence
  • Class Action Mass Tort
  • Asbestos
  • Pharmaceutical Litigation
  • Airplane Accidents
  • Commercial Torts
  • Assaults
  • Commercial Settlements
  • Sexual Harassment
  • Boating Accidents
  • Tobacco/Smoking
  • Burn Injuries
  • Worker's Compensation
  • Construction Accidents
  • Dog Bites
  • Maritime/Seaman's Claims (Jones Act)
  • Medical Malpractice
  • Motorcycle & Bicycle Accidents
  • Nursing Home Neglect
  • Premises Liability (Slip & Fall)
  • Product Liability
  • Railroad Claims (FELA)
  • Wrongful Death
  • Judgments
  • Structured Settlement
  • Post Settlement


    For Attorney “No Risk” Post Settlement Loans Click Here to Apply:

    “No Risk” Post Settlement Funding Application
    “No Risk” Post Settlement Portfolio Funding Application
    “No Risk” Post Settlement Firm Funding Application
    “No Risk” Probate Funding Application
    “No Risk” Post Settlement Application

    For Plaintiff’s Lawsuit Funding:

    ”No Risk” Client Funding
    “No Risk” Client Probate Funding
    “No Risk” Client Post Settlement
    “No Risk” Post Settlement Client Funding

    1st Choice Funding’s Additional Financial Business Services Include Click Here to Apply:

    Medical Lien Cash Buyout
    ”Family Fortress” Asset Protection
    Corporations & Trusts
    Tax Reduction Strategies
    Probate Prevention & Asset Management
    Securred Business Loans
    Fico-911 Business Credit Establishment & Credit Repair


    1st Choice Funding's Personnel Financial Services Also Include: Click Here to Apply

    Mortgage Loans
    Fico-911 Credit Establishment & Credit Repair
    Estate Planning & Asset Protection
    Corporations & Family Trusts
    Tax Reduction Strategies
    Probate Prevention & Asset Management

    “Post Settlement Attorney Lines of Credit” – a Less Expensive Option

    Attorney Lines of Credit are across the board a far less expensive option than “No Risk” Attorney funding, especially when paying interest becomes a sensitive issue, which currently averages 1.5-2% per month. While attorney lines of credit prove to be more challenging to qualify for, the benefits of such a program delivers results nothing short of an incredible. With the open line of credit always available, law firms who leverage such an opportunity find the business of operating a law practice far more enjoyable when a cash flow explosion occurs and provides the freedom of focusing on the practice of law rather than “keeping the lights on” when case resolution is very unpredictable and at times lengthy.

    Despite legal delays leveraged by the insurance industry across the board to their advantage, successful law firms must meet operational expenses and financial challenges irregardless of receivables collected. With the attorney line of credit in place, law firms then utilize and leverage a very powerful non-traditional “asset” which traditional lending sources rarely recognize. With an attorney line of credit once established, an awesome opportunity for converting “tomorrow’s possibility into today’s certainty” changes the way a law practice is operated, clearly for the better. With the economic advantage of leveraging contingent fees, firms who opt for such recourse raise capital and increase cash flow immediately. To what extent you ask? While there are no definitive answers, however, lines of credit from 10-70% of contingent fee receivables are made available for partners to spend in any manner the practice chooses to do so. The only limitations of lien funding come from;

    Status of the cases in a portfolio
    The amount of cases in the portfolio
    The value of such a portfolio
    The credit history of the principle law partners.

    Lines of credit include like any amortized trade line, monthly payments, which provide a “good faith” gesture on the part of the borrower in building a powerful tradeline relationship. While law firms secure low interest lines of credit, investors under no circumstances interfere with a law firm’s management of cases secured. Rather, instead of interfering with legal case management, business operations, or any other facet of legal management, investors rather act as “silent partner venture capitalists” who through a line of credit, provide the most effective financial bridge between today and tomorrow. When a leveraged case, securing the attorney line of credit is released by a settlement agreement, which receives distribution of proceeds, all collection rights thereafter are relinquished. With the unlimited capital resources available, firms who utilize this “financial vehicle” enjoy the fiscal freedom of nothing less than a cash flow torrent.

    Portfolio Credit Lines Provide Post Settlement Attorneys Who Capitalize on the Opportunity With:

  • “Attorney Post Settlement Lines of Credit” Provide: Cash infusion through good credit, volume of cases & value of legal portfolio.
  • “Attorney Post Settlement Lines of Credit” Offers: "Interest free financing" when successful cases pass on to client “allowed expenses”.
  • “Attorney Post Settlement Lines of Credit” Provide: Financial staying power when firms are positioned with a "win-win" scenario.
  • “Attorney Post Settlement Lines of Credit” Levels: The playing field and provides the economic environment for full case collectability.
  • “Attorney Post Settlement Lines of Credit” Eliminates: Financial worries by providing a secure ready resource.
  • “Attorney Post Settlement Lines of Credit” Provide: A “comfort zone” where focusing on law & not operations become possible.
  • “Attorney Post Settlement Lines of Credit” Employ: The best experts ensuring the probability of achieving case success.
  • “Attorney Post Settlement Lines of Credit” Ensure: Staying power against financially more powerful opponents.
  • “Attorney Post Settlement Lines of Credit” Provide: The leverage to remediate damages until case reaches full resolution.
  • “Attorney Post Settlement Lines of Credit” Produce: Immediate cash allowing attorney to recapture funds invested in case costs.
  • “Attorney Post Settlement Lines of Credit” Offer: A true "win-win" scenario for the attorney of record.
  • “Attorney Post Settlement Lines of Credit” Produce: Capital allowing attorney to complete existing cases while adding to new case files.
  • “Attorney Post Settlement Lines of Credit” Never: Force turning away or even co-counseling with firms whose financial resources are greater.
  • “Attorney Post Settlement Lines of Credit” Progress: Quickly when there’s no delay for a case to settle & generate revenue.
  • “Attorney Post Settlement Lines of Credit” Eliminate: Negative taxation of phantom income re-invested in client expenses.
  • “Attorney Post Settlement Lines of Credit” Increase: Profitability when larger settlements generate revenue and growth.

    For Post Settlement “Attorney Lines of Credit” Case Types Please Click Here to Apply:

  • Motor Vehicle Injuries
  • Passenger Injuries
  • Pedestrian Injury
  • Personal Injury
  • General Negligence
  • Legal Malpractice
  • Civil Rights
  • Employment Discrimination Whistleblower (Qui Tam)
  • Product Liability
  • Construction Negligence
  • Class Action Mass Tort
  • Asbestos
  • Pharmaceutical Litigation
  • Airplane Accidents
  • Commercial Torts
  • Assaults
  • Commercial Settlements
  • Sexual Harassment
  • Boating Accidents
  • Tobacco/Smoking
  • Burn Injuries
  • Worker's Compensation
  • Construction Accidents
  • Dog Bites
  • Maritime/Seaman's Claims (Jones Act)
  • Medical Malpractice
  • Motorcycle & Bicycle Accidents
  • Nursing Home Neglect
  • Premises Liability (Slip & Fall)
  • Product Liability
  • Railroad Claims (FELA)
  • Wrongful Death
  • Judgments
  • Structured Settlement
  • Post Settlement


    Attorney Post Settlement “Line of Credit” Includes The Following. Please Select By Clicking the Link:

    “Attorney Post Settlement Credit Line” Funding
    “Attorney Post Settlement Credit Line” Portfolio Funding
    “Attorney Post Settlement Credit Line” Firm Funding
    “Attorney Post Settlement Credit Line” Probate Attorney Funding
    “Attorney Post Settlement Credit Line” Appellate Funding
    “Attorney Post Settlement Credit Line”

    1st Choice Funding’s Additional Financial Business Services Include The Following, Please Select By Clicking the Link:

    Medical Lien Cash Buyout
    ”Family Fortress” Asset Protection
    Corporations & Trusts
    Tax Reduction Strategies
    Probate Prevention & Asset Management
    Securred Business Loans
    Fico-911 Business Credit Establishment & Credit Repair


    For More Information on Attorney Post Settlement Lawsuit Funding Please Review the Following Ethics Opinions:

  • Do You Want to Link to 1st Choice Funding? If So Please Click Here

    Kari Gray, EzineArticles.com Basic Author
    Alaska
    92-3
    Lawsuit Settlement Funding
    Arizona
    91-22
    Lawsuit Settlement Funding
    California (L.A. County Bar)
    500
    Lawsuit Settlement Funding
    Colorado
    96/97-17
    Lawsuit Settlement Funding
    District of Columbia
    196
    Contact the D.C. Bar at 202-737-4700
    D.C. Bar Website
    Florida
    00-3
    Lawsuit Settlement Funding
    Hawaii
    34
    Lawsuit Settlement Funding
    Illinois
    92-9
    Lawsuit Settlement Funding
    Maryland
    94-45
    Contact the Maryland Bar at 800-492-1964
    Maryland Bar Website
    Massachusetts
    83-7
    Lawsuit Settlement Funding
    Michigan
    RI-321
    Lawsuit Settlement Funding
    Missouri
    20000006
    Lawsuit Settlement Funding
    Nebraska
    00-2
    Lawsuit Settlement Funding
    New Jersey
    691
    Lawsuit Settlement Funding
    New York
    666, 769
    Lawsuit Settlement Funding 1
    Lawsuit Settlement Funding 2
    North Carolina
    2000-4
    Lawsuit Settlement Funding
    Ohio
    94-8, 94-11, 2003-Ohio-2721
    Lawsuit Settlement Funding 1
    Lawsuit Settlement Funding 2
    Rancman v. Interim Settlement Funding Corp.
    Pennsylvania
    93-145
    Contact the Pennsylvania Bar at 717-238-6715
    Pennsylvania Bar Website
    Pennsylvania (Philadelphia Bar)
    91-9
    Lawsuit Settlement Funding
    Rhode Island
    92-2
    Contact the Ethics Advisory Panel of the Rhode Island Supreme Court at 401-222-3270
    Website
    South Carolina
    94-04
    Lawsuit Settlement Funding
    Tennessee
    99-A-666
    Contact the Board of Professional Responsibility of the Supreme Court of Tennessee at 800-486-5714
    Website
    Texas
    465
    Lawsuit Settlement Funding
    Utah
    97-11, 02-01
    Lawsuit Settlement Funding
    Virginia
    1155, 1379, 1441
    For 1155, contact the Virginia Continuing Legal Education at 800-979-8253
    Lawsuit Settlement Funding
    Wisconsin
    E-92-3
    Lawsuit Settlement Funding


    Ethics Opinions - Attorney Lawsuit Settlement Funding

    Arizona
    01-07
    Lawsuit Settlement Funding
    California (L.A. County Bar)
    499
    Lawsuit Settlement Funding
    Florida
    00-3
    Lawsuit Settlement Funding
    Georgia
    92-1
    Lawsuit Settlement Funding
    Illinois
    94-6
    Lawsuit Settlement Funding
    Kentucky
    E-420
    Contact the Kentucky Bar at 502-564-3795
    Kentucky Bar Website
    Louisiana
    00-C-0414
    Chittenden v. State Farm Mutual Automobile Ins. Co.
    Maine
    152, 177
    Lawsuit Settlement Funding 1
    Lawsuit Settlement Funding 2
    Maryland
    94-24
    Contact the Maryland Bar at 800-492-1964
    Maryland Bar Website
    Missouri
    970066
    Lawsuit Settlement Funding
    New Jersey
    603
    Lawsuit Settlement Funding
    New York
    754
    Lawsuit Settlement Funding
    New York (NYC Bar)
    1997-1
    Lawsuit Settlement Funding
    (opinion relevant to lawsuit settlement funding is at bottom of webpage)
    Ohio
    2001-3
    Lawsuit Settlement Funding
    Tennessee
    98-A-659
    Contact the Board of Professional Responsibility of the Supreme Court of Tennessee at 800-486-5714
    Website
    Texas
    465
    Lawsuit Settlement Funding
    Utah
    97-11, 02-01
    Lawsuit Settlement Funding 1
    Lawsuit Settlement Funding 2
    Virginia
    1595
    Lawsuit Settlement Funding


    Case Law

    Here are some cites to court decisions relevant to lawsuit settlement funding:

    Saladini v. Righellis, 426 Mass. 231, 687 N.E.2d 1224 (1997)
    Osprey, Inc. v. Cabana Ltd. Partnership, 340 S.C. 367, 532 S.E.2d 269 (2000)
    Kraft v. Mason, 668 So. 2d 679 (Fla. App. 4th Dist. 1996)
    Rancman v. Interim Settlement Funding Corp., 99 Ohio St. 3d 121, 2003-Ohio-2721 (2003)
    Dopp v. Yari, 927 F. Supp. 814 (D.N.J. 1996)
    Nyquist v. Nyquist, 841 P.2d 515 (Mont. 1992)
    Aldrich v. Aldrich, 260 Ill. App. 333 (1st Dist. 1931)
    Embola v. Tuppela, 127 Wash. 285, 220 P. 789 (1923)
    Charlotte-Mecklenburg Hospital Authority v. First of Ga. Ins. Co., 340 N.C. 88, 455 S.E.2d 655 (1995)
    Achrem v. Expressway Plaza Ltd. P'ship, 112 Nev. 737, 917 P.2d 447 (1996)



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