Wednesday, April 9, 2014

Way to Reduce Your Overhead: Litigation Funding




In today’s recovering economy, small business owners, start-ups, and entrepreneurs are looking for new ways to outsource certain overhead costs while protecting their company and intellectual property. The most commonly outsourced services are marketing, IT services, and tech support; but what if companies could relieve some of their overhead by outsourcing the investment in legal representation to companies like Amerevision Legal Financing?

Amerevision Legal Finance is the only third party litigation funding agency that offers the lawsuit financing model popular among large corporations and companies to small business owners with minimum annual revenue of $300,000. The benefits of this type of litigation funding are vast, but importantly, they help to reduce an owner’s overhead expenses. Are you a business owner? Here is how Amerevision can help you.

1.) No Legal Fees, No Retainer, No Hassle Amerevision offers non-recourse litigation funding, which means that the plaintiff is only responsible to pay the finance agency an agreed upon percentage of their potential award or settlement if their case is successful. Simply put, Amerevision will cover your legal fees and litigation costs, and is only paid from your settlement or award if you win. Letting a third party hedge the risk of loss for you alleviates the stress that comes with litigating an issue and allows you to focus your time and capital on the development of your core business. This is particularly valuable because most business owners do not have room in their budget for unanticipated litigation costs, which can be high and drain their business’ resources.

2.) Better Understanding, Better Outcome: By providing and paying for legal services directly, Amerevision equips both clients and attorneys with a clear understanding of each party’s expectations and obligations. For litigants, there is no high retainer fee or lack of control over how they are billed. For attorneys, there is no monetary incentive to draw out legal proceedings. Eliminating the need for back and forth bartering and bantering, attorneys are able to focus solely on the case at hand, increasing productivity and the likelihood of a favorable outcome for all.

3.) A More Proactive Approach: Not having to worry about out of pocket expenses enables you to be able to meet all of your company’s legal needs. Having a go-to firm that can provide legal assistance and representation at your disposal and not having to worry out of pocket expenses keeps you prepared and equipped for any litigation issues that may pop-up.

No business owner, big or small, should have to spend valuable time worrying about how they will be able to handle legal issues they may not be able to control, or forgo a winning legal claim because they do not have the capital required to succeed. Reduce your budget by utilizing Amerevision third-party litigation, and spend your time and money on growing your business. 

Our website offers a full explanation and overview of our services, along with our application for litigation financing. Also, for up to date news and advice about the growing litigation finance industry, you can follow us on our Twitter, and Facebook pages.

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