The Commercial Lawsuit Financing Process

1. Call LawMax at 1-877-253-5531 or apply online. A LawMax Underwriter will immediately review your lawsuit financing request.

2. LawMax will contact your attorney to request supporting documentation. These documents can be mailed, faxed or e-mailed to us. When we receive hard-copy documents, they are scanned, the originals are shredded, and they are stored on secured servers.

3. If we determine that we will need outside counsel to evaluate your financing request, and there will be an underwriting fee to cover that expense, we let you know how much the underwriting fee is, and you then decide at that point if you want to proceed with the process.

4. When your financing request is approved, we send a Claim Investment Agreement to your attorney to review. You must sign the agreement and your attorney must acknowledge our lien against your pending settlement.

5. Upon receipt of the executed agreement, we issue a check for the advance. If you wish, we will overnight the check to you.

6. The advance is your money to spend however you wish, and there are no monthly or quarterly payments during the pendency of your case.

7. Upon settlement of your claim, your attorney pays back the advance plus the accumulated risk premium on your advance when he pays off any other lien holders.

8. If you and your attorney fail to reach an out-of-court settlement or win your case at trial, you owe us nothing!

Commercial lawsuit financing is not for every business that is involved in commercial litigation. However, it may make sense for your business.

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