Year End Attorney Funding can actually turn out to be quite a tax advantage.

Let's say you settled a big case just after Thanksgiving for about $2 million. Your fee plus expenses is going to be be about $700,000. But suppose you don't want the fee for this year; only about(not the full $700,000) $200,000 to take care of year-end obligations. Well you found the right guy.
By funding $200,000 of your fee in December, you can take care of your financial responsibilities and only receive taxable income of $200,000 on your fee. Best of both worlds!

Call me and I'll walk you through it. Happy holidys!

Attorneys, don't be shy; If you have settled cases I'll put money in your pockets.

It's holiday time, economy is tight and the medicare rules have created havoc. So, don't be shy.

Contact me regarding attorney fee funding. I'll be discreet and can put some fresh cash in your accounts.

Im here if you need me!

Settled cases; Get your funding, Get your funding.

There are going to be thousands and thousands of cases getting settled this time of year. With the medicare delays, tight economy and the holidays just around the corner there will be a need for funding for both client and attorneys alike.
If you want the fastest service, hands on professional treatment and low, low rates.....You've come to the right place. Try me!
After hours and weekend service available "like no one else".
24/7 service.

In the Funding World, It's all about Credibility, Trust and Reliability.

When you are seeking funding for a client whose house is going to be foreclosed upon, you have no time for a fancy sales pitch, half-truths or maybes. You need to use a funder who in "crunch time" you know will get the job done. Well I'm the man for the job! My motto; Crediblility, Trust and Reliability.
As an attorney you should be looking for a funder who is credible[and has low rates], trustworthy and most importantly who you can rely upon to get the job done. In the more than 5000 funding transactions I have handled I bring to the table on every deal and every interaction these characteristics. Whether I'm dealing with the attorney , client or funder I take great pride in my work and I hope I am known for going to "the end of the earth " for my customers.
Ask around....then give me a try.

Watch out for Insurance Companies who prey on claimants in the days following the accident.

I was just recently looking at a funding deal; passenger, lumbar fusion, top plaintiff's firm and $1 million coverage and $500,000 respectively on the 2 cars. Looks fine, right? Well almost.
As it turns out the carrier with the $500,000 policy, a fews days post-accident gave the plaintiff $1,500 and had him sign a release. He was not represented by counsel at the time. Yikes!
So while everyone is proceeding in the case...this issue can be brought to the forefront via a summary judgment motion at any time. Of course the plaintiff was unrepresented, didn't know what he was signing and believed it was for medical treatment....but it still"lurks " out there. This practice is sneaky, underhanded and as far as I'm concerned should be outlawed by Insurance Department guidelines or statutory enactment.
How do we curb these tactics? Answer: Prohibit carriers, defendants or third-party TPA's from settling a bodily injury case directly with a claimant for the first 30 days post-accident. What do you think?

Avandia cases, plenty of funding available.

Congratulations to those law firms who have resolved their Avandia cases or are about to sign a term sheet. I understand from my sources that it may take 6 to 9 months to pay out. Well, you found the right guy; We have extensive funding available for both attorney and client advances.
Contact me and I'll walk you through the process.

Evaluating a case on appeal for funding purposes.

A growing part of the funding business is providing funding for both attorneys and clients where a plaintiff's verdict was taken and the matter is up on appeal. There is certainly available funding in these circumstances.
Several factors are looked at in evaluating the strength of the verdict which include;
1. The verdict itself; liability, comparative negligence and damages,
2. Amount of available insurance(who is the carrier),
3. Status of post-trial motions;Issues on appeal,
4. Were offers made before the verdict(how much),
5. Has a bond been posted by defendants?
6. Strength of the underlying liability and damages and
7. How long will appellate process take?
These are all pertinent factors considered in evaluating funding for a verdict on appeal.
Contact me if the situation arises for you or your client.
Best to all for the Labor Day holiday.

Civil Rights Cases; To fund there usually must be physical injury.

How many false arrest, false imprisionment, malicious prosecution cases and 42 U.S.C. 1983 cases are filed against the City of New York each year. Hundresds, if not thousands, I'm sure. Whatever the number, a great many do not involve actual physical injury claims. Yes, there are emotional injury and psychiatric injury claims, but the vast majority of those don't even have medical workup.
The City looks at these cases without physical injury or any real psychological workup "as a dime a dozen", unless someone served "real time" with a conviction later being vacated due to prosecutorial misconduct or DNA evidence.(i.e. see The Central Park Joggers Case).
So when your client who was falsely arrested and held for 12 hours in Central Booking comes to you for funding, be conservative, and don't encourage him. The end result will usually be a denial unless there is something really special about the case.
If you have a question/inquiry please contact me.

If you take a case , don't cut corners.

Being a plaintiff's attorney, you can easily get overwhelmed with stress, volume, time constraints, deadlines, crazy clients and cash-flow problems. Unfortunately, it's usually the client and the case that suffer[ultimately you] if you are unable or refuse to put the resources into a case. After trying cases for 20 yrs and funding for more than 5 yrs, I see day in and day out the stark differences in the workup and presentation of cases. For instance;
1. On a falldown/premises case, a good workup mandates an investigator, good digital color photos of the scene and an engineer;
2. On a motor vehicle accident, certain cases will necessitate a reconstruction expert or biomechanical engineer;
3. Medical malpractice cases require a "real review " from the inception;
4. Products cases-real expert needed and site inspection[see CPLR Section 3102(c) governing pre-suit inspections) and
5. In castostrophic injury cases there is no way to avoid hiring a life care planner, economist, voc. rehab expert and in many cases a photographer to do " a day in the life of".
There is now funding available for all these needs.

Attorney Funding; Don't Expect a Rate Less Than 2% Per Month.

For those of you attorneys who are seeking funding on a settled case which for one reason or another will not be paid within the 21 day period prescribed by CPLR Sec. 5003(a), you should be cognizant of three guiding funding principles;
1. If you have judgments against you, liens,IRS issues or very poor credit, most likely funding will be difficult to obtain;
2. Customarily rates will be 2%/month of the amount advanced or sometimes higher, and
3. Funders will normally advance up to about 50% of your net expected fee plus expenses.
Contact me if the need arises and I can walk you through the process.

Do You Really Want Us to Send the Check to the Client's Home?

So once the funding deal is reviewed, approved and the contract is signed, it is time to issue the funds ($). There are basically three ways to fund a deal:(we can wire funds in an emergency).
!. Client comes to us and picks up the check in person;
2. We overnight the check to the attorney's office(usually the safest) or
3. We overnight the check to the client's residence . While this appears to be the most hassle-free method (less time dealing with client); at the end of the day , sending the check dierectly to the client can turn into a nightmarish experience. The problems include:
i. Wrong address is given to Federal Express;
ii. No apartment # is listed on the airbill;
iii. Client is not home when the overnight courier arrives;
iv. The building is a multiple dwelling (without a doorman) and courier cannot get access to the apartment, etc........
So what happens? After 20 calls and emails back and forth , a stop-payment is placed on the check, and it is re-issued and overnighted to the attorney. That is why my advice is always to send the funds to the attorney, unless you are 1000% sure the client's address is good and client will be home waiting. I like to also get the client and attorney the tracking # also, so they can monitor the delivery.
Moral of the story; Better to be safe than sorry!

Funding; Send Your Clients in To Sign, Pickup Check and Cash Em, All in One Fell Swoop.

In a busy, or even not so busy law office, helping a client get funding can be time consuming, frustrating and filled with headaches. But it doesn't have to be that way. There's probably nothing worse than when you have a brief due, or opposition papers due or you're prepping for a trial and a client is hassling you over funding.
Give yourself a break. Scan and email me the application and documents . Once the deal is approved I can email[or fax] you the contract. Then, simply sign the attys page and return it to me. You can send the client to us to sign his contract, pick up his check and cash it; yes, all without having to even see your beloved client. We will of course forward you a fully executed contract. Funding doesn't have to be torture!

When is Enough , Enough?

I have nothing but the most profound respect fot plaintiffs' trial lawyers , having been one of the tribe for over twenty (20) years. I rememember this one huge trial I had (6 wks. in Supreme New York) where I was so financially strapped that I ate tuna fish sandwiches, drank instant coffee and water , and schlepped a 75 lb. trial bag to the Courthouse every day for six weeks. I made it! (plus it builds character).
So when you get that "case of a lifetime", you not only want to maximize the results for your clients, but you certainly want to maximize your fees as well. It makes up for all those Allstate threshhold cases and premises cases with"urine, feces, vomit and other dangerous substances " on the stairwell.
But when is enough , enough? We all heard about the recent case where one of New York's premier trial lawyers turned down $8 million, only to be no caused. I'm working on funding a deal now where there is an offer of $10 million; but the attorney wants $12 million. In my opinion there is a very fine line between pushing a little too hard and a little too far and putting the plaintiff's "whole life " at risk.
I gather as experienced trial attorneys you have to trust your gut instincts, examine your relationship with the client, defense counsel and the Court and make the best, most well-informed decision. Not easy! Go get em!

For Funding Purposes, When is a Case Considered Settled?

In the world of funding, a settled case will almost always give rise to a lower funding rate than a non-settled case. Makes perfect sense, since there is now finality and the risk of loss is all but removed from the equation. So what documents will support that the case is settled in a funder's mind;
1. Release-of course;
2. Inf's compromise or Death Compromise-confirming letter from the carrier as to settlement together with a draft of the petition or
3. Statement on the record regarding settlement by counsel, or a
4. Stipulation of Settlement.
Now, I suppose today even an email between counsel, or the defendant's carrier and plaintiff's counsel will suffice.
For all intents and purposes , without any of the above , for funding consideration the matter will not be considered settled.
Contact me with any inquiries.

Attention Attorneys; If you need $ for payroll Friday, Contact Me On Tuesday or Wednesday, Please Not Friday Afternoon at 3.

Let's face it , some times the well runs dry, and the check you were expecting from the City of New York for payroll just didn't come in on time. Well , I can provide you with attorney funding on a settled case in an expedited fashion, at very reasonable rates. All that is needed is a quickie application, release(or some evidence of a confirmed settlement) together with a copy of your retainer agreement. If you have no lurking IRS or a judgment /lien situation it can be done quickly.
Of course, "quickly" is a relative term. If everything is in order funding can be done the same day. If any issues come to the surface , usually a little bit longer.
So the moral of the story is, if you see the need to get attorney funding for payroll, rent, payroll taxes or whatever, submit your funding application a few days in advance....(you can always cancel)..not at 3 p.m on a Friday in mid August.