Legal Finance

Legal finance is often undertaken in civil litigation cases to help a plaintiff bear the costs of pursuing a claim. Lawyers who provide such assistance will often still bill for direct costs, but then take most of their fee if, and only if, their client prevails. There are businesses that provide legal finance as well. Often, they provide money only after a plaintiff is successful at trial. While the case is on appeal, these companies pay a portion of the verdict amount and recoup the full amount, plus interest, when the litigation process ends.

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