Parallels Between Criminal and Civil Justice
– 4min read In arguably one of her most important speeches, Hillary Clinton delivered a scathing critique of the US criminal justice system. More importantly, she complemented that critique with a compelling vision for reform. Clinton spoke at Columbia University but in the shadow of unrest in Baltimore. She pulled no punches, not that there are […]
The Value of a Good Attorney
– 3min read An interesting fact about plaintiff financing, sometimes incorrectly called a lawsuit loan, is that a plaintiff’s financial history usually has no bearing on whether he or she can be financed. Unless a company is investing hundreds of thousands or millions of dollars in a case — which is almost always only in commercial cases — rarely if […]
Why Insurance Settlements Can Take So Long
– 3min read People in car accidents, be warned: if you’re in a collision on the way to work, you probably won’t be covered by your company’s insurance policy. Virginia’s Supreme Court ruled in April 2015 against a DC lawyer’s argument that his firm’s insurance should pay the plaintiff suing him. The lawyer-defendant, H. Christopher Bartolomucci, was […]
7 Leading Causes of Funder Failure
5min read It’s unquestionable that legal funding as a business model has proven successful- the industry is as strong as it’s ever been, and it continues to grow at a rapid pace. It’s a great time to build a profitable business in the field, and many funding businesses have done just that in recent years. […]
3 Steps to Ensure Actionable Data Analytics
Legal funders interested in using quantitative valuation methods or quantitative analysis for other business decisions currently face many hurdles. In the last post in this series, we talked about how funders can overcome the data collection challenges by using a variety of sources and tools to aggregate information. After data is obtained using one of the […]
6 Weapons to Fight Fraud
6 min read In our previous article, we outlined five common types of fraud in the legal funding industry. Now, we’re introducing some practical tools and strategies to help you detect and prevent fraud before it impacts your business. There’s no one-size-fits-all solution to stop fraudsters, but with critical thinking, caution, and a bit of […]
Our Questions About the Justice System
3min read The Washington Post released an noteworthy article titled “Are you running for president? Please answer these questions about the criminal justice system.” The piece is a wide-ranging list of questions about some of our justice system’s most damning flaws. It’s worth reading in its entirety, but here are some relevant selections – followed by […]
Common Errors All Underwriters Make
– 5min read Legal funding underwriters sit smack in the middle of all legal funding business, such that any mistakes or errors they make reverberate throughout the entire operation. Approve a handful of bad cases? Those losses are going to come directly out of the bottom line. On the flip side, too conservative and not […]
Introducing The Desperation Tax
Lawsuits are supposed to help people get justice, but it’s not always that simple. The legal system can be slow, defendants are often experienced at navigating it, and plaintiffs can find themselves in desperate financial situations. This often leads to a common problem: plaintiffs settle too early for far less than they deserve, simply because […]
Should Legal Funding Be Disclosed In Court?
4 min read Legal funding has always sparked debate in the courtroom, and a recent study by Vinson Resolution Management (VRM) has added fuel to the fire. The study, titled Lawyers Need Not Worry, dives deep into how disclosing legal funding impacts jury decisions, tackling a question that’s been hotly debated for years: Does revealing […]