Rapid Legal Finance

A week or so ago, I flipped through the cable channels and came across the movie Erin Brockovich. The movie came out in 2000 and I enjoyed it then, but this time it caught my attention for an altogether different reason.

The story goes: Erin Brockovich is an unemployed single mother, desperate to find a job, but is having no luck. This losing streak even extends to a failed lawsuit against a doctor in a car accident she was in. With no alternative, she successfully browbeats her lawyer to give her a job in compensation for the loss. While no one takes her seriously, with her trashy clothes and earthy manners, that soon changes when she begins to investigate a suspicious real estate case involving the Pacific Gas & Electric Company. What she discovers is that the company is trying quietly to buy land that was contaminated by hexavalent chromium, a deadly toxic waste that the company is improperly and illegally dumping and, in turn, poisoning the residents in the area. As she digs deeper, Erin finds herself leading point in a series of events that would involve her lawfirm in one of the biggest class action lawsuits in American history against a multi-billion dollar corporation (source: imdb).

The reason this story caught my attention this time is the fact that Brockovich’s attorney was quite stressed in a few of the scenes. In fact, he doubted his firm’s ability to handle the number of cases they would eventually take on. This attorney could have used an attorney loan! It would have relieved some stress, in addition to providing much-needed resources to handle that case load.

Rapid Legal Finance provides attorney loans to attorneys who need financial support while they are working on discovery for their portfolio of cases. While banks and traditional lending institutions consider such factors as credit worthiness and the cash flow of a law firm, we use the expected fees from pre-settlement or settled cases to determine financing. Because of our expertise in valuing contingency fee cases, our attorney funding programs are able to advance significantly higher amounts of capital than traditional institutions. And we do so in less time with little or no risk to the personal assets or credit of the attorney or firm. Read more here.

This entry was posted on Monday, May 4th, 2009 at 10:08 pm and is filed under Attorney Funding. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.