Does Healthcare Need Legal Funding?
The debate around healthcare in the U.S. continues, especially as the healthcare landscape evolves. Although policies like the Affordable Care Act (Obamacare) have aimed to provide affordable care to millions of uninsured Americans, there are still significant gaps in coverage, leaving many with high deductibles and limited access to necessary care. A recent report by […]
The Case for Data Analytics in Legal Funding
5min read Much of the litigation finance industry is still skeptical about data analytics. The CEO of Burford, Christopher Bogart, revealed this industry-wide skepticism in a recent article in which he questioned whether today, analytics can effectively help litigation financiers allocate capital more efficiently. Instead, he posits that the value of AI, and analytics more broadly, pale […]
8 Factors That Influence What Legal Funders Charge
5min read We don’t typically quote French philosophers from the 1700’s, but Sidore Marie Auguste Fran̤ois Xavier Comte has a famous quote that is worth breaking convention for. He famously said, “Know yourself to improve yourself.” The best legal funding companies should look at themselves honestly to try and improve in order to get more […]
8 Book Recommendations for Legal Funders
6min read Running and working at a legal funding company requires a combination of financial and legal savvy, grit, expert management, and an ability to stay ahead of the curve as the industry and your business continue to evolve. While doing all that may come easily for some, we have yet to meet them. So […]
5 Reasons Not to Email Medical Records to PI Firms
Before Justice Bolt launched the first law firm portal software that any medical provider can use to share and receive information (and medical records) from their plaintiff’s personal injury law firms, we spoke with countless medical providers to find out how they were sharing documents with personal injury firms today. Many of them, often with […]
5 Essential Treatises for Every Funder’s Bookshelf
5min read Legal funders operate in close observation of various areas of the law, both its substantive content and its mechanics. A deeper understanding of the law and the ability to keep pace with changes and developments may provide a legal funder with a competitive edge in the industry. Treatises offer one way to build […]
15 Proven Tactics to Get Business from PI Conferences
Attorney trade shows and conferences can be great venues for lienholders to build and strengthen customer relationships and drive law firm referrals. They can also be a huge waste of time and money. Often, however, exhibitors take a “show up and hope for the best” approach, neglecting one of the most impactful strategies for a […]
Why Usury Doesn’t Apply to Legal Funding
4min read Insurance companies and other critics of legal funding allege that it is a usurious practice, and they are wrong for a very simple reason we’ve discussed at length: legal funding is not a loan but an investment. As an investment, it is indeed more expensive than a traditional loan — for good reasons — and it probably couldn’t […]
Personal Injury Protection (PIP)- A Complete Guide
Personal Injury Protection (PIP) is a key part of auto insurance coverage in some states, offering financial protection for medical costs and other related expenses after an accident, regardless of who is at fault. If you’re involved in medical or legal funding, understanding how PIP works is crucial since it directly affects the value of […]
Does Attorney-Client Privilege Cover Legal Funders
5min read When a legal funding company is reviewing an application or tracking the status of a case they have already invested in, they typically require important case documents and conversations with the attorney on the case. In many instances, funders do not need confidential information that is covered by attorney-client privilege. Pleadings, motions, and […]