Lawyers

INFORMATION FOR ATTORNEYS

As a lawyer you deal with many complex legal and human issues everyday. Whether your are persuing an accident or injury claim, malpractice suit or dealing with an inheritance claim it takes time to get achieve the best outcome. But, for various reasons your client may not always have the luxury of time. Whether they are iinjured, bereaved or simply waiting for a real estate deal to close money can become an issue. Daily living expenses can not be met and bills pile up creating huge pressure  to resolve the case and settle the claim as quickly as possible. That’s why a settlement loan can make a lot of sense.

With settlement financing, the pressure is off. Your client has the funds needed to pay the bills. As a result, you have some breathing room to negotiate for the most favorable settlement you can get, instead of being compelled to accept early offers. As a result:

Settlement loans often lead to bigger settlements.

Settlement loans also can confer a tactical advantage if the related interest costs can be shifted to the defendant. As discussed in this article, recent decisions of Canadian courts support the argument that even where funds are borrowed to cover living expenses during litigation, the interest and related fees should be borne by the defendant. With the possibility of this liability hanging over their head, your opponent will have an added incentive to make a more favourable settlement offer to bring the case to a resolution quickly.

We understand that attorneys are extremely busy. Therefore, we make sure that your involvement in the settlement financing process is minimal. We only need to confirm a few details with you, and then you are free!

To refer a client to us, or to obtain more information, please complete and submit the form below.