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Legal financing industry information


The legal financing industry provides non-recourse legal financing to litigants. Sometimes this financing is funded from outside of the firm or from individual lawyer's finances, and then funneled through a third-party company. Financing is often for plaintiffs involved in personal injury, workers' compensation, and civil rights. The industry provides litigants with cash in a lump sum form upfront in exchange for a share of the litigant's future settlement or trial award. While the litigant awaits the resolution of their case, the legal financing industry provides for immediate relief from financial burdens such as mortgage payments, rent, medical bills, educational bills, daily expenses, or even legal fees.

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Legal financing industry

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The legal financing industry provides non-recourse legal financing to litigants. Sometimes this financing is funded from outside of the firm or from individual...

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Legal financing

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Legal financing (also known as litigation financing, professional funding, settlement funding, third-party funding, third-party litigation funding (TPLF)...

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Nonrecourse debt

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value of those assets be below their collateralized value. The legal financing industry provides nonrecourse financial products used to provide financial...

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Financial services

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activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide...

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Legal industry by country

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The legal industry refers to the aggregation and integration of sectors within the economic system that provide legal goods and services. The global legal...

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Islamic banking and finance

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Islamic banking, Islamic finance (Arabic: مصرفية إسلامية masrifiyya 'islamia), or Sharia-compliant finance is banking or financing activity that complies...

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Series A round

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first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred...

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Internal financing

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In the theory of capital structure, internal financing or self-financing is using its profits or assets of a company or organization as a source of capital...

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Mortgage

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Bridge loans may be used as temporary financing pending a longer-term loan. Hard money loans provide financing in exchange for the mortgaging of real...

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Burford Capital

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The company offers financing to lawyers and clients engaged in litigation and arbitration, asset recovery and other legal finance and advisory activities...

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Offshore financial centre

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nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy." "Offshore" is not always literal since many...

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Law

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various ways and also serves as a mediator of relations between people. Legal systems vary between jurisdictions, with their differences analysed in comparative...

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Film industry

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The film industry or motion picture industry comprises the technological and commercial institutions of filmmaking, i.e., film production companies, film...

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Insurance

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Insurance Industry Never Wanted You to Know (book) Universal health care Welfare state Uberrima fides – Latin for "utmost good faith", a legal doctrine...

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Car finance

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Car finance refers to the various financial products which allow someone to acquire a car, including car loans and leases. Car financing started with the...

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Light industry

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 493. ISBN 0-13-063085-3. "Light Industry Law And Legal Definition". US Legal. Retrieved 26 Apr 2018. "light industry". Oxford English Dictionary (Online ed...

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Project finance

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sponsors' commitment. Project finance is often more complicated than alternative financing methods. Traditionally, project financing has been most commonly used...

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Structured finance

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$15.6 trillion in financing and funded more than 50% of U.S. household debt last year. Through securitization and structured finance, more families, individuals...

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Campaign finance in the United States

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campaign spending is privately financed (largely through donors that work in subsidized industries), public financing is available for qualifying candidates...

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Know your customer

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the broader scope of anti-money laundering (AML) and counter terrorism financing (CTF) regulations. KYC processes are also employed by companies of all...

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Construction

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through to the end of their life. It typically starts with planning, financing, and design that continues until the asset is built and ready for use...

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Investment banking

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market transactions, involving debt structuring, exit financing, loan amendment, project finance, leveraged buy-outs, and sometimes portfolio hedging....

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