Nationwide Litigation Funding Provides Non-Recourse Funding for Plaintiffs and Contingency-based Law Firms
Online, July 15, 2013 (Newswire.com) - Escalating costs of litigation are becoming more evident, prompting law firms to lose opportunities to expand by limiting the number of cases they can handle or giving away cases to receive only a referral fee. Needless to say, law firms and legal practitioners need the financial support to finalize their cases and focus on successful conclusions.
"We represent private investors who will advance non-recourse funds to assist with all litigation costs for a successful verdict or settlement," explains Beth Robbins, CEO of Nationwide Litigation Funding.
Nationwide Litigation Funding is dedicated to provide funding options for law firms and their plaintiffs. Detailing NLF's litigation funding services at NLFunding.com, NLF primarily focuses on funding law firms who handle personal injury, class actions, mass torts, business and commercial cases. NLF is affiliated with an aggressive group of private investors who advance "non-recourse" funds to contingency-based law firms and their plaintiffs, for litigation costs and for their plaintiffs living and medical expenses.
NLF's financial services include non-recourse advances to attorneys and plaintiffs, pre-settled and post settled advances, cases on appeal and lines of credit. Our Non-Recourse program offers no-payback if the case is lost, with no personal guarantees, no upfront underwriting costs, no monthly fees or payments, and no liens against the firm. The size of the advance may be modest but is often significant in size, reaching in the millions of dollars.
NLF can provide law firms the best possible way to acquire non-recourse litigation funding. NLF offers funding options which can allow "The Firm" to keep their share of the award intact. This also allows the law firm to continue its financial relationship with a bank or other lending sources, should there be a line of credit in place.
The NLFunding.com financial services are deemed ideal for firms that have utilized their own pool of money, which can be unrecoverable for years, have reached their "budget limit or firms who are charging their clients on an hourly basis but would rather have a contingency deal if all the firms' costs were paid". Similarly, firms whose Senior Partners no longer wish to put firm capital at risk can make use of the financial services offered by NLF.
More than just a lending source, NLFunding.com helps law firms develop new business relationships by marketing, referring cases and connecting their attorneys for co-counsel opportunities. The NLF team can also create facilities for most corporate finance projects.
To find out more about Nationwide Litigation Funding services offered throughout the United States, please visit http://www.nlfunding.com/ for information.
Nationwide Litigation Funding Inc Offices:
1-877-FUND-LIT (386-3548)
79-405 Hwy 111 Suite 9-285
La Quinta, CA 92253
2658 Del Mar Heights Road Suite 241
Del Mar, CA 92014
118 A Fulton St. Suite 405
New York, New York 10038