LawCash®, the nation’s leader in pre-settlement funding, recently introduced its new Cut & Cap program for pre-settlement funding. Effective immediately, participating law firms enjoy the following benefits when their clients use LawCash® lawsuit funding:
- After 36 months, if their clients’ cases are still pending, their clients’ rates will be cut to 1% per month automatically, with no compounding. This rate cut will signficantly reduce the repayment amount due when settlement occurs.
- Clients will enjoy a cap on the accrued usage fees, which will never exceed one third of the gross recovery in the lawsuit.
LawCash®‘s new Cut & Cap program for pre-settlement lawsuit funding will result in substantial savings. LawCash® also has a 10% Rule for lawsuit funding. Under the 10% Rule, LawCash® will never provide a plaintiff advance which exceeds 10% of the conservative estimated value of the plaintiff’s lawsuit.
LawCash® also offers Rolling Contracts to plaintiffs seeking lawsuit funding advances. With rolling contracts, LawCash® provides plaintiff advances on a monthly basis, rather than as a lump sum. Rolling contracts prevent irresponsible spending, and minimize repayment amounts.
All of LawCash®‘s programs and practices are aimed towards providing attorneys and plaintiffs with the ability to prosecute their lawsuits with the least amount of worry and the maximum recovery.
