Articles in the Legal Category
Legal funding has transformed substantially over time. What was once a mistrusted and illegal activity is now a respectable method of funding litigation. In fact, more and more businesses around the world are now turning to a third party funder for financial backing.
Why? It is no secret that litigation is expensive. Money will always be at its core because it costs money to pursue a case, whether it’s for a patent dispute or an insolvency claim. In today’s economic times, money is tight and unfortunately it doesn’t grow on trees.
Headline, Legal, Personal Finance »
It’s no secret that court cases can be costly, especially when it comes to big businesses fighting it out in the courtroom. It’s been found that Apple and Google spent even more on legal fees than they did on research and development in 2011, which shows just how expensive it can be. What happens when a business can’t afford to take a strong case to court though?
Litigation funding: a solution
This is where litigation funding companies can help. A third party funding company, as they are also known, can come in …