TLF has been providing legal funding for years and because of our expertise in valuing contingency fee cases, TLF is virtually always able to advance significantly more money to a law firm than traditional lending institutions.
And since it's your money, you're free to use it however you choose for things like expert witness expenses or other plaintiff case costs, advertising, travel, overhead, expansion, etc.
One thing you'll want to be sure to avoid if you can is legal funding that uses all deferred monthly interest. It is normally advertised with 'no monthly payments'. To controls costs better you should use one of our interest-only programs or our interest-only/deferred interest hybrid programs. Learn why here:
We making legal funding easy to apply for and easy to get. Your first step is to complete an application and return it to us with the requested documentation. Our underwriters will evaluate the application and collateral cases and once approved we'll notify you via phone and email you a funding agreement that explains the rates and terms. Once we receive the executed agreement back, we wire funds directly to your bank and you are free to use the money as you see fit. If structured properly, interest can be passed on to the individual cases that required funding, thus costing your law firm nothing.
Larger settlements mean more money for you, your firm and your clients - obviously. But large settlements and winning verdicts do a LOT more than just stuff your bank account.
They carry credibility and a powerful message to existing and future clients and help build a strong, winning reputation for your law firm.
They also send an equally powerful message to your adversaries.
Everyone knows a law firm with unlimited financial resources has the staying power to remain in the fight for as long as it takes and Legal finance could be a key component that builds your law firm into a world-class legal practice.
