Imagine you or your business has a strong legal claim, but the upfront costs of pursuing a lawsuit – attorney fees, court expenses, expert witness fees – seem overwhelming. Litigation financing provides the necessary capital to level the playing field.
Think of it as a financial resource that allows you to pursue your legal rights, regardless of your current financial situation. It empowers individuals and businesses, especially smaller entities, to stand up to larger, well-funded opponents.
A key feature of most litigation financing arrangements is their "non-recourse" nature. This means you typically only repay the funded amount (plus an agreed-upon return) if you achieve a successful outcome – a settlement or favorable judgment. If you lose, you generally owe nothing back to the funder.
The funds can be used for a wide range of legal expenses, including lawyer fees, expert witness costs, court filing fees, and the costs of gathering evidence. In some cases, it can even help cover essential living expenses while your case is ongoing.
Ultimately, litigation financing aims to ensure that lawsuits are decided on their merits, not on who has the deepest pockets. It provides access to justice for those who might otherwise be unable to afford it, allowing them to seek equitable outcomes in legal disputes. Litigation financing companies do not control the litigation process; all decisions regarding settlement or trial remain with the claimant and their attorney.
At Gambit Litigation Financing LLC, our approach is particularly focused on empowering individuals who have experienced wrongdoing and who possess compelling evidence to support their claims, even if they have faced disbelief or been previously marginalized. We understand that the pursuit of justice can be especially challenging under such circumstances, and we are dedicated to providing the financial resources to help these individuals navigate the legal system and seek equitable outcomes.
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