Services

At PROFIN Litigation Finance, we are dedicated to fueling the relentless pursuit of justice for individuals and businesses alike.

For Law Firms

By offering litigation finance options to clients with strong cases, law firms can take on cases that might otherwise not be litigated. This enables law firms to provide solutions that prioritize the client’s personal and business interests. When PROFIN funds cases and portfolios, fees and expenses are covered. As a result, many leading law firms are incorporating legal finance into their liquidity plan and business development strategy.

For Consumers

We aim to provide consumers with access to justice and legal representation without the financial burden of upfront costs. We understand that pursuing legal claims can be expensive, and our goal is to level the playing field for individuals facing well-funded opponents.

For Businesses

Disputes can be costly and uncertain. Even well-resourced companies often avoid disputes for reasons unrelated to their case’s merits. Litigation costs are often underestimated, harming short and medium-term financial planning and decreasing operational profits. Even successful resolution of a claim may not fully compensate, as the proceeds are typically recorded as operating income but treated as a one-time event.

For Investors

Litigation funding offers lucrative alternative investment opportunities to investors. With the growing demand for legal finance solutions, the market is becoming increasingly appealing. Companies are utilizing third-party funding to mitigate the risks of their disputes, freeing up capital and liquidity to focus on their core operations. The expanding demand for legal finance solutions allows for careful risk selection to build diversified portfolios. Our commitment to a long-term perspective and value enables investors to achieve attractive returns on their investment in an uncorrelated asset class.

Frequently Asked Questions

What is Litigation Funding?

Litigation funding is a legal financial service provided by PROFIN, that supports individuals, businesses, and law firms in managing the costs associated with legal disputes.

Whether for out-of-court settlements or courtroom proceedings, our service involves supplying financial resources to plaintiffs, alleviating the burden of legal expenses.

PROFIN, acting as a third-party funder, shares in the settlement or judgment proceeds upon case success. This arrangement allows clients to pursue justice without upfront financial strain.

Our funding options cater to a variety of needs, empowering companies to handle legal expenses in complex or high-risk cases and enabling lawyers to offer flexible payment arrangements to clients or tackle more substantial cases without assuming financial risk.

Each case undergoes a rigorous evaluation by our experienced legal and financial team to determine its viability, leading to customized funding solutions that align with our clients’ specific requirements.

Our approach emphasizes transparency, trust, and close collaboration to ensure clients receive comprehensive support and achieve their legal objectives effectively.

What are the Benefits of Litigation Funding?

At PROFIN, we offer our clients and partners, including businesses and law firms, several key benefits:

1. No Financial Risks: As a claimant, you bear no financial risk. We cover all legal costs, including attorney fees and court expenses. In the event of a loss, we absorb the costs.

2. Access to Justice: We enable you to access justice regardless of your financial situation. You can pursue your claims without worrying about the cost of litigation.

3. Focus on the Case: With us handling the financial burden, you can fully focus on the substantive aspects of your case.

4. Increased Success Chances: We conduct a thorough evaluation to assess your case’s chances of success. Our support and financial security increase your chances of a favorable outcome.

5. Flexibility and Tailored Solutions: We offer flexible funding models that meet your individual needs and the specific requirements of your case, ensuring you receive the best possible support.

6. A Trustworthy Partnership: Our service is based on trust and transparency. We keep you informed about your case’s progress and are available for questions and concerns.

These advantages make litigation funding an effective way to pursue your legal claims without bearing the financial risk and burden of litigation.

How Does Litigation Funding Work?

PROFIN specializes in litigation funding, catering to individuals, businesses, and law firms. Below are the steps involved in our process:

1. Case Evaluation: First, you submit your case to us. We at PROFIN assess the prospects of your legal dispute, the claim value, the evidence, and the legal basis. This evaluation is usually free of charge.

2. Funding Offer: If we find the case promising, we will make you a funding offer. This offer includes the terms of the funding, including the percentage of the amount recovered that we will receive in the event of success.

3. Contract Signing: If you accept our offer, we will sign a funding agreement. This contract stipulates that PROFIN will cover the legal costs, including attorney and court fees as well as any expert and assessor costs.

4. Cost Coverage: Once the contract is signed, we take over the costs of the legal dispute. You do not need to make any advance payments or take on any financial risks.

5. Litigation Management: Your lawyer will handle the legal dispute in close cooperation with us. PROFIN ensures that all necessary resources are available to manage the case effectively.

6. Settlement or Judgment: If the case is successfully concluded, either through a judgment or a settlement, we receive the agreed-upon percentage of the recovered amount. The remaining amount is paid out to you.

7. Case Loss: If the legal dispute is lost, PROFIN bears all incurred costs. You are not obliged to reimburse us.

In summary, litigation funding at PROFIN provides a way to pursue your legal claims without bearing the financial risks and burdens of litigation. We cover the costs and risks, allowing you to focus on the substantive success of your case.

How Much Does Litigation Funding Cost?

As a provider of litigation funding, PROFIN typically charges a percentage of the amount recovered through the legal dispute. This percentage usually ranges from 20% to 50%, depending on various factors.

Some factors that influence the costs include:

1. Case Complexity: The more complex the case, the higher the costs may be.

2. Claim Value: For higher claim values, our percentage share may be lower.

3. Success Prospects: For highly promising cases, we might be willing to accept a lower percentage.

4. Duration of Proceedings: Longer proceedings may incur higher funding costs.

PROFIN evaluates each case individually and offers tailored solutions to ensure that our clients receive the best possible terms.