The Funding Process

1. Call LawMax at 1-877-253-5531 or apply online. A LawMax Underwriter will immediately review your funding request.

2. LawMax will contact your attorney to request supporting documentation. These documents can be mailed, faxed or e-mailed to us. When we receive hard-copy documents, they are scanned, the originals are shredded, and they are stored on secured servers.

3. If we determine that we will need outside counsel to evaluate your funding request, and there will be an underwriting fee to cover that expense, we let you know how much the underwriting fee is, and you decide at that point if you want to proceed with the process.

4. When your funding request is approved, we send a Claim Investment Agreement to your attorney to review. You must sign the agreement and your attorney must acknowledge our lien against your pending settlement.

5. Upon receipt of the executed agreement, we issue a check for the advance. If you wish, we will overnight the check to you.

6. The advance is your money to spend however you wish, and there are no monthly or other payments during the pendency of your case.

7. Upon settlement of your claim, your attorney pays back the advance plus the accumulated risk premium on that advance when he or she pays any other lien holders.

8. If you and your attorney fail to reach an out-of-court settlement or win your case at trial, you owe us nothing!

Commercial lawsuit funding is not for every business that is involved in commercial litigation. However, it may make sense for your business.

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