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Attorney Case Cost Financing Presentation Executive Summary
1. UNLIMITED CAPITAL | UNSECURED | NON-RECOURSE | HASSLE-FREE | ATTORNEY FINANCING
Log In. List Your Case. Get Funded.
2. case cost financing
contingent fee financing
Non-recourse financing
case expense litigation funding
funding for case costs
ATTORNEY CASE EXPENSE FINANCING
“The LitCap Platform is a game changer,”
commented Harris Junell of Bailey, Peavy &
Bailey PLLC out of Houston, Texas. “We been
using LitCap since 2013, when they first
launched, and it has truly improved our
practice.”
Houston, TX. -- With more than $200 million in case financing surpassed in
2014, LitCap has today announced additional products and services via the
LitCap Marketplace which connects attorneys with qualified investors for law
firm financing and attorney case cost expense financing.
“We’ve compressed the funding cycle making it easier to use with more
flexibility and a broader portfolio suite of products,” commented Britton J.
Holland, COO and President of LitCap. “Our #1 mission is to provide our
attorney users with better access to funding and financial tools to more
efficiently manage their law practice.”
In 2015, the company expanded its suite of products, specifically tailored to
attorneys and law firms, to include business expense financing, which extends
the range of loans beyond funding case costs or expenses. These new products
for qualified attorney members include contingent and non-recourse financing
for attorneys for business expenses and related costs to build their practice.
3. • Preeminent attorneys platform @ www.LitCap.com
ATTORNEY FINANCING MARKETPLACE
"Our Members tell us they wish they had known about the LitCap
Marketplace sooner,” commented Hugh J. Plummer, Jr, CEO and Managing
Director of LitCap. Mr. Plummer further commented, “Lawyers have been
financing their contingent cases the same way for decades, just as it was done
when Abraham Lincoln was trying cases, before the telegram, before the car,
and before electricity or the internet. Having a platform that mitigates the
ability for the big guy to outspend the little guy in litigation, truly brings
balance to our civil justice system in the United States. It circumvents the
inherent conflict of interest between a lawyer and his contingent client and
directly benefits the State Bar IOLTA program in every state where LitCap is
used. We believe that LitCap is to case cost financing what Westlaw and Lexis
Nexus were to legal research.”
4. MARKETPLACE
• Attorney Lists Case(s)
• Investor Views Cases
Listed
CASE SELECTED BY
INVESTOR
• Investor Deposits
Funds into Attorney’s
IOLTA
CASE CONCLUDES
• If Unsuccessful - Loan
is Forgiven
• If Successful - Attorney
Must Repay Loan &
Interest Amount
Brief History of LitCap: Developed by Trial Lawyers for Trial Lawyers, Using ABA and State Bar Ethical Guidelines. Founded in November of 2011, Developed
for 2 years, Launched September 5, 2013. As of December 1, 2014, over $200 Million in Case Related Costs & Expenses Funded Through the LitCap
Marketplace. Funds in Attorney IOLTA Accounts, Generate Interest for Various State Bar Associations. Currently have Members and are Operating in 17
Jurisdictions: Texas, New York, New Jersey, Florida, Illinois, Alabama, Arizona, Colorado, Connecticut, Kentucky, Louisiana, Mississippi, Missouri, Oklahoma,
Law Firm Case Financing Marketplace Approach
CONTINGENT FEE CASE COST FINANCING
The LitCap Marketplace™ creates a centralized location for attorneys to seek their capital needs, and investors to access a source of attractive investments. LitCap is designed to help contingent fee attorneys finance their cases and grow their business in an easier and more efficient way. With LitCap, an attorney is not using his personal funds to grow his law firm. By eliminating the case cost demands and drains on the firm’s finances, the firm operating budget is free to be used on productive growth items such as increasing the number of employees or attorneys, marketing, and paying overhead expenses. Currently, LitCap has helped fund cases in the areas of employment law, civil-commercial litigation, civil-personal injury litigation, products liability, and many other civil cases.
LitCap was founded to change the way attorneys finance their practice. Exclusive for preeminent attorneys, the LitCap Marketplace provides nonrecourse case financing and practice business expense financing so that attorneys can focus on their clients and practice.
While there are more than a million attorneys in the United States, LitCap is focused on preeminent attorneys. Membership is exclusive. LitCap is for preeminent attorneys who have obtained peer recognition based on the merits of their case results.
"Our Members tell us they wish they had known about the LitCap Marketplace sooner,” commented Hugh J. Plummer, Jr, CEO and Managing Director of LitCap.
Watch an online video of the attorney case expense financing marketplace at www.litcap.com/pr
http://litcap.com/2014/09/trial-attorneys-use-alternative-litigation-finance/#
Brief History of LitCap:
Developed by Trial Lawyers for Trial Lawyers, Using ABA and State Bar Ethical Guidelines.
Founded in November of 2011, Developed for 2 years, Launched September 5, 2013.
As of December 1, 2014, over $200 Million in Case Related Costs & Expenses Funded Through the LitCap Marketplace.
Funds in Attorney IOLTA Accounts, Generate Interest for Various State Bar Associations.
Currently have Members and are Operating in 16 Jurisdictions: Texas, New York, New Jersey, Florida, Illinois, Alabama, Arizona, Colorado, Connecticut, Kentucky, Louisiana, Mississippi, Missouri, Oklahoma, Pennsylvania, and Tennessee.
www.LitCap.com/PR
(10) [case cost financing , contingent fee financing, nonrecourse financing, non-recourse financing, case expense litigation funding, funding for case costs]
Attorney Financing Marketplace (page 1) [preeminent attorneys platform, loans for lawyers marketplace, law firm working capital marketplace]
Law Firm Case Financing (Not top ten) [law firm capital funding, litigation funding, lawyer loans, legal financing, attorney capital, legal finance loans, legal fee financing, attorney legal financing, law firm financing marketplace, law firm financing options]
Attorney Litigation Support Services Financing for Lawyers (NA): [Attorney Litigation Services Financing (NA)]