Lawsuit funding companies are switching focus to loaning to attorneysPoint of Law.comLoaning money to attorneys seems to be safer and more profitable than loaning directly to the plaintiffs, one would hope. Law.com. Law firm loans on contingent fees dont run into banking regulations, as much. And apparently these companies arent running into champerty charges, as they loan only on existing cases.
Monday, February 13, 2006
Lawsuit funding companies are switching focus to loaning to attorneysPoint of Law.comLoaning money to attorneys seems to be safer and more profitable than loaning directly to the plaintiffs, one would hope. Law.com. Law firm loans on contingent fees dont run into banking regulations, as much. And apparently these companies arent running into champerty charges, as they loan only on existing cases.
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