Trending Now
Announcements Consumer

Legal-Bay Lawsuit Funding Enters Attorney Funding Market with Law Firm Loans Up to $25MM

Legal-Bay, The Pre Settlement Lawsuit Funding Company, announced today that they are now assisting a large number of attorneys with their funding needs. The premier lawsuit funding company is currently working with lawyers and law firms, generating a renewed focus on cash flow needs that may have arisen due to Covid-19 shutdowns and a severely slowed court system.

Chris Janish, CEO of Legal-Bay, commented, “We have secured ample capital in our quest to assist our many law firm clients. We’re able to get them the money they require to help them carry on with their professional needs, as case settlements have slowed down due to Covid-19. Legal-Bay is now positioned to be a full-service funding firm–and invaluable resource–for law firms and their clients alike by helping with cash-flow needs and building case value through our multitude of funding products.”

If you are a lawyer or law firm who needs an immediate cash advance and are interested in discussing how law firm loans can help you, please visit Legal-Bay HERE or call toll-free at 877.571.0405.

When it comes to case cost funding, funding for experts, trial cost, or medical procedure / surgical funding for a client, attorney loans are invaluable to lawyers and medical providers. Many law firms have walked away from great cases because they couldn’t pull the funding together for personal injury clients that don’t have insurance. Also, smaller firms sometimes need to bring in additional counsel for bigger cases because they cannot self-fund things like expert costs, excessive trial costs, or general case costs needed to properly prosecute a valid claim.

Plus, now that surgery centers are strapped for cash as well due to Covid they are more hesitant to undertake personal injury surgery on lien or Letter of Protection (LOP). Now, law firms can go to Legal-Bay to help finance the surgery by paying the medical provider upfront. This greatly improves the case value for the client, and the medical provider is more than willing to work with the law firm. Legal-Bay can structure large and small transactions mostly on a non-recourse basis depending on the nature of each transaction.

Legal-Bay has helped lawyers in New York, New Jersey, Florida, Pennsylvania, California, Texas, and Ohio, but they work with attorneys from all states, even outside of NY, NJ, FL, PA, CA, TX, and OH. Let them provide immediate capital to scale your operation with credit lines up to $25MM. They are a leader in the industry with access to large capital portfolio companies. They offer the fastest approvals with less underwriting than traditional banks, and interest rates/usage fees have simple terms ranging from 12% to 40% per annum with no upfront fees or hidden costs built into the contracts. They can tailor transactions and paybacks, so your cash-flow remains strong. Legal-Bay’s goal is to work tirelessly to help get your firm the capital it requires.

If you are a lawyer or law firm who needs an immediate attorney loan or law firm loan, please visit Legal-Bay HERE or call toll-free at 877.571.0405.

Keep in mind, there are some key requirements to be eligible for funding:

1. Diversified portfolio of personal injury cases and/or other contingency fee type cases

2. Track record of success in settling and/or trial wins

3. Steady cash-flow and profits each year

4. Reputable principals within the firm with a history of integrity

Legal-Bay provides fast attorney loans for your law firm and your clients in need. Their staff is trained to make things as efficient for your team as possible. They want to be a resource to help your clients hold out for a fair settlement while also not inundating your firm with unnecessary document requests. Legal-Bay’s loans for lawyers provide the lowest industry rates so that any funding liens do not get in the way of settling your client’s case… and most importantly, put more money back into their pocket!

If you are a lawyer or law firm who needs an immediate cash advance for trial cost funding, funding for experts, or surgical funding, please visit Legal-Bay HERE or call toll-free at 877.571.0405.

Legal-Bay remains vigilant in helping clients with their professional and personal needs. Any clients who need cash now can apply for funding to help them get through their financial crises. Legal-Bay funds all types of law firm loans including funding off personal injury cases, attorney lines of credit, attorney fee acceleration, advancement of attorney fees, case cost lines of credit, case cost funding, case cost disbursement funding, and many more.

Legal-Bay works directly with many top law firms to provide the best cash advance rates in the industry in as little as 24 – 48 hours. They can assist with acquiring needed loans for law firms in circumstances such as:

  • Portfolio loans
  • Funding for trial costs, trial cost loans, case cost funding, or lines of credit
  • Law firm loans, law firm portfolio loans, law firm portfolio financing
  • Attorney funding, Lawyer funding, law firm funding, law firm advance
  • Non-recourse law firm advance, law firm financing
  • Attorney pre-settlement funding or attorney post-settlement funding
  • Legal Receivable Factoring
  • Appellate funding, appellate financing
  • Judgement on appeal loans, judgement on appeal funding
  • Verdict loans, verdict financing
  • Commercial litigation loans, commercial case funding, commercial case advance, commercial case loans, commercial lawsuit advance, commercial lawsuit loans, commercial lawsuit funding, commercial loans, commercial advance, commercial funding
  • Whistleblower loans, whistleblower advance, whistleblower funding
  • Qui-tam loans, Qui-tam funding, Qui-tam advance
  • Patent infringement funding, copyright infringement loans

Legal-Bay’s law firm funding programs are designed to provide immediate cash for attorneys who need advance capital to meet their firm’s financial demands. To apply right now, please visit the company’s website HERE or call toll-free at: 877.571.0405 where agents are standing by to answer any questions.

Announcements

View All
Announcements Commercial Deals

New Burford Capital Research Reveals Significant Opportunities for Businesses Through Patent Monetization

By Harry Moran |

Burford Capital, the leading global finance and asset management firm focused on law, today releases new research on patent monetization, a means for businesses with significant intellectual property to generate revenue from patent assets through licensing, direct enforcement and corporate divestitures. With high research and development costs, long development timelines and intense IP competition, CFOs and GCs are faced with the challenge of seeking greater value from their companies' patent portfolios without diverting capital from core business operations. Moreover, converting underutilized intellectual property into liquid assets enables companies to fuel ongoing innovation and drive future growth.

Despite substantial investments in securing and maintaining patents, many companies fall short in leveraging their intellectual property—resulting in missed financial opportunities and ongoing costs that could otherwise be offset through monetization. This research shows companies shifting to a more proactive stance toward patent monetization as they face mounting economic pressures, rising costs of maintaining large patent portfolios and headline-generating enforcements and divestitures by major brands that increase acceptance. Nearly 70% of in-house lawyers say their organizations are more likely to monetize patents today than a decade ago, and 73% report that patent monetization revenue has grown over the last 10 years.

"Patent monetization remains a significantly underutilized asset for many businesses," said Christopher Bogart, CEO of Burford Capital. "Companies frequently hold valuable patents that require substantial investment to enforce, incurring significant expense—risk we routinely finance for clients. In today's climate of intensifying global competition and rapidly evolving IP enforcement landscapes, legal finance empowers companies to strengthen their patent monetization strategies and take a more proactive, value-driven approach to IP management."

"Companies have a significant opportunity to unlock value from their intellectual property," said Katharine Wolanyk, Managing Director at Burford Capital and head of its intellectual property and patent litigation finance division. "In conversations with CFOs and general counsel across industries, we frequently hear that patent portfolios are viewed as cost centers rather than assets, and this research substantiates that assertion. Legal finance offers a powerful solution by transforming underutilized IP assets into a source of liquidity that can fuel business priorities and allow companies to continue the essential cycle of innovation."

Key findings from the study include:

  • Companies are missing revenue opportunities: Even as patent monetization is increasing, 79% of in-house lawyers say that more than a quarter of their patent portfolio is underutilized. The costs of maintaining patents without monetization include lost revenue, delayed market entry and reduced market share.
  • Revenue generated by patent monetization is growing: 73% of in-house lawyers report that revenue from patent monetization has increased over the last 10 years and 69% of in-house lawyers say their organizations have become more likely to monetize patents in the past decade.
  • Divestiture is a fast-growing monetization strategy: 71% of in-house lawyers have already divested patents or are actively exploring divestiture options.
  • Clients can de-risk direct enforcement with finance: 72% of law firm lawyers cite the high cost of litigation as a deterrent to clients pursuing meritorious patent claims.
  • Legal finance plays a growing role in patent monetization: 59% of law firm lawyers say clients use legal finance for patent monetization; 51% of in-house lawyers say they are actively planning or exploring the use of legal finance to support patent enforcement and monetization going forward.
  • Global patent monetization is active: The US remains the top market for patent monetization due to strong enforcement mechanisms. The Unified Patent Court (UPC) is driving change in Europe, with 74% of in-house lawyers expecting increased enforcement in the region.

This research, commissioned by Burford and conducted by GLG, captures insights from 300 in-house IP counsel and law firm partners involved in patent litigation in North America, Europe and Asia.

The research report can be downloaded on Burford's website.

About Burford Capital

Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery, and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), and works with companies and law firms around the world from its global network of offices.

For more information, please visit www.burfordcapital.com.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.

Announcements Commercial People Moves

Court House Capital Appoints New CEO as Michelle Silvers Moves into Chairman Role

By Harry Moran |

Court House Capital is pleased to announce the appointment of Matt Hourn as its new Chief Executive Officer, effective 14 April 2025. This strategic leadership transition marks an exciting new chapter for the company as Michelle Silvers, who has served as CEO since 2020, steps into the role of Chairman of the Board. 

Michelle Silvers has been instrumental in Court House Capital’s growth, innovation, and performance since its inception. Her move into the Chairman position reflects the company's ongoing commitment to visionary leadership and long-term success. 

"Leading Court House Capital has been an incredible journey, and I am proud of what we've built. I look forward to continuing to support the company's future in a strategic capacity as Chairman." Michelle Silvers, Chairman, Court House Capital 

Incoming CEO Matt Hourn brings over 25 years of experience in commercial litigation and is cofounder of Court House Capital. His strong commercial insight and legal expertise, leadership capabilities, and innovative vision make him well-suited to drive the next phase of growth. 

"I am honoured to step into the role of CEO and build on the strong foundation Michelle has established," Matt Hourn, Chief Executive Officer, Court House Capital. 

This transition underscores the firm’s commitment to continuity and strategic evolution, positioning Court House Capital for sustained success. 

ABOUT COURT HOUSE CAPITAL 

Court House Capital is a leading litigation funder focused on cases in Australia and New Zealand. Led by industry founders, with Australian based capital, the team is renowned for expertise, agility and collaboration. courthousecapital.com.au 

Announcements People Moves

IQuote Limited Strengthens Senior Leadership Team with New Director Appointment

By Harry Moran |

Manchester-based litigation finance firm IQuote Limited has bolstered its senior leadership team with the appointment of a new Director of Campaigns, reinforcing its commitment to expansion and innovation in the sector.

Stepping into the role is Katie Doherty, an experienced litigation finance specialist with a track record of driving growth and operational success. 

She has held senior positions at various law firms prior and has worked alongside IQuote CEO Craig Cornick for over 15 years across multiple roles.

Katie said she was both delighted and grateful for the opportunity and expressed a keen desire to get started as soon as possible. 

“It’s an incredibly exciting time for IQuote as we continue expanding our legal tech partnerships and investing in new opportunities,” Katie said.  “This is a fast-moving industry, and I’m looking forward to leading campaigns that will drive the firm’s next stage of growth.

“I can’t wait to get stuck in. IQuote has evolved massively in respect of its business offerings, the firms we are investing in, and the different campaigns we are now exploring. You have to be constantly thinking on your feet; there’s never a dull moment.”

Originally aspiring to become a solicitor, Doherty began her career in legal administration before transitioning into finance and business strategy.  She first collaborated with Craig in 2010, playing a key role in business operations, asset management, and claims handling. 

Katie thanked her team at IQuote for all their help and support.

“They have all been fantastic, and I have so much admiration for Craig,” she said.

“For him nothing is impossible; if you say, ‘it can’t be done,’ he will immediately tell you that it can and how you can make it happen.”

Craig Cornick, CEO of IQuote Limited, said: “Katie has been instrumental in the success of multiple businesses I’ve led, and her ability to think strategically while keeping operations running smoothly is unmatched.

“She knows how to build and execute campaigns that deliver real results, and that’s exactly what we need as we continue to scale. Her expertise in litigation finance, combined with her hands-on leadership style, makes her a perfect fit for this role.

“She’s got an incredible work ethic also. From the very start, Katie has always been willing to roll up her sleeves and do whatever it takes to get the job done. 

“Whether it was managing complex operations or jumping in to solve unexpected challenges, she’s always been a problem-solver. That kind of determination is what sets her apart and why I’m confident she’ll drive real impact in this position.”