FAQ

Here you will find answers to the most frequently asked questions about litigation funding:

What is litigation funding?
How much does litigation funding cost?
Is litigation funding available for private individuals or for companies?
How does litigation funding work?
What costs does the litigation financier pay?
What do I get as a plaintiff from litigation funding?
What happens if the case is lost?
Does Legal Finance intervene in the process?
Do you also finance the defendant?
Which lawyer can/should I instruct?
Is a settlement possible?
I have a foreign case. What should I do?
I have a very specific case. What can I do?
I have a case from a very exotic area of law. What can I do?
My case involves very personal, secret or embarrassing information. What should I do?
My case has to do with criminal law. What should I do?

What is litigation funding?
Litigation financing is the financing of all costs of a legal dispute for the plaintiff. We pay all the costs of a court case and receive a share of the success in return. If you win, we receive a share of 20 - 50%. If you lose, we receive nothing and it costs you nothing.

How much does litigation funding cost?
For litigation funding, contingency payments of 20 - 50% of the litigation proceeds are common, depending on the type, scope, status and risk profile of the case. If you win the case, the litigation financier receives 20 - 50% of the amount you receive. If you lose the case, it costs you nothing. You don't have to pay anything upfront, the entire claim assessment and settlement is free of charge.

Is litigation funding available for private individuals or for companies?
Companies of any legal form and country as well as private individuals can make use of litigation financing. Please feel free to send us a Non-binding request.

How does litigation funding work?
Describe your case to us - the best way to do this is to send us a free, non-binding enquiry. This is strictly confidential and we will review your case free of charge. We will get back to you and may ask for further documentation or we may have follow-up questions. If we decide to finance your case, we will send you an offer and a litigation finance contract. As soon as this is signed, we pay Legal Finance all the costs of the proceedings.

What costs does the litigation financier pay?
You do not have to pay anything.The litigation funder pays all costs, for example:

• Court costs
• Legal fees
• Fees of a correspondence lawyer
• Expert and expert witness fees
• Travel expenses
• Witness expenses
• Deposits and advances

In short: The litigation funder pays everything, you as the claimant pay nothing.

What do I get as a plaintiff from litigation funding?
With litigation funding, you can litigate the case as a plaintiff completely relaxed and without worrying about rising costs.Because as a plaintiff, the defendant already owes you money, and you are in the unpleasant situation of now having to spend money to litigate the case as well. The litigation financier takes over these costs and you do not have to pay anything up front.

As a company, you have the advantage that you do not have to make provisions for litigation costs.

In general, the advantage of litigation financing is that your liquidity is not affected because you do not have to bear any costs in advance.

What happens if the case is lost?
If the case is lost in one instance, i.e. you are defeated, you pay nothing. If a further instance, for example an appeal or revision, is possible, we will check together with you and your lawyer whether an appeal makes sense.Of course, Legal Finance will also finance the costs of a further instance. In any case, you pay nothing at all if the case is lost. In this case, the litigation financier Legal Finance assumes all costs.

Does Legal Finance intervene in the process?
No. You can rest assured: The process is conducted completely objectively by your lawyer, who is only obliged to you. However, we are always happy to make our network available if there is a need for advice or assistance or if a specialist needs to be called in. In some cases we can also refer you to a lawyer if you have not already instructed one.

Do you also finance the defendant?
In court proceedings, Legal Finance only finances the claimant, i.e. the holder of the claim. We do not currently offer financing for the defendant. Please subscribe to our newsletter and we will inform you as soon as we offer such a product.

Which lawyer can/should I instruct?
If you have not yet instructed a lawyer, please contact us directly with your request.We will examine your case and, in the event of funding, will also be happy to put you in touch with a lawyer.

Is a settlement possible?
Of course, we also have a positive attitude towards settlement, because settlements end legal disputes amicably and more quickly and can represent a win-win situation. Legal Finance does not interfere in the proceedings and a settlement is possible at any time.

I have a foreign case. What should I do?
Legal Finance also finances foreign cases of any jurisdiction. Feel free to contact us, we'll be in touch.

I have a very specific case. What can I do?
No problem - Contact usand we will review your case.

I have a case from a very exotic area of law. What can I do?
In principle, Legal Finance finances any area of law. Simply contact usand we will be happy to review your case without obligation and free of charge.

My case involves very personal, secret or embarrassing information. What should I do?
Your data is safe and confidential with us and will not be made accessible to anyone. Any information you send us will only be used to review the case and process the funding. We do not interfere with processes and your data is safe with us.It is only transmitted in encrypted form and stored securely.

However, if you are concerned, we will be happy to provide you with a secure, encrypted means of communication that you can use to contact us at any time. Feel free to send us your Non-binding request, oder sprechen Sie uns über das Contact form . We will send you instructions on how to contact us confidentially, encrypted and securely.

My case has to do with criminal law. What should I do?
In principle, no area of law is excluded. Please feel free to send us your Non-binding requestand we will get back to you.