Unveil the Litigation Funding Mistakes and How to Avoid Them

1. Unveil the Litigation Funding Mistakes and How to Avoid Them 61 2 8098 1390 Level 12, The Chifley Tower 2 Chifley Square Sydney NSW 2000 https://lcmfinance.com/

2. Introduction Litigation funding has played a crucial role in improving access to justice. When businesses struggle to afford funds to fight against commercial disputes, they must partner with one of the reliable litigation funders in Australia. However, securing this funding requires careful consideration. If you misstep, this can lead to costly outcomes. From choosing an inappropriate funder to ignoring the terms, there are some prevalent mistakes. Let’s learn them in the next slides- 85%

3. The Common Litigation Funding Mistakes to Avoid ·Engaging with an Inappropriate Funder The expertise and financial capacity of a funder matter. Some of them even specialise in particular types of case handling like commercial disputes and class actions. So, you must perform comprehensive research to assess the funder’s track record and other details to make an informed choice. ·Misinterpreting the Funding Agreement Note that the agreement is legally binding. Signing a contract without going through the terms of financial support and other critical obligations is another mistake. It is suggested to carefully review the pact. You can consult with your lawyer to help you look at the key provisions and ensure that you sign an agreement with the right funder.

4. The Common Litigation Funding Mistakes to Avoid ·Overlooking the Suitability of Funding Many businesses think that any legal matter can be financed. However, the thing is that funders are highly selective. You are advised to identify your legal merits before you reach a funder such that you can secure funding with ease. ·Rushing the Litigation Funding Process Some claimants rush to enter agreements to file a lawsuit. Without conducting adequate research, you must avoid signing a pact. Secure funding in such a way can lead to unfavourable terms. It is better to take the time to compare the offerings of multiple funders. This is going to be a well- considered approach to making a wise decision.

5. Is Failing to Plan for an Unfavourable Outcome a Mistake? It is good to know that strong cases can bring unforeseen circumstances. So, you are suggested to enter litigation funding agreements after thoroughly reading the contract. Although top- rated funders offer non-recourse financial support, remain prepared for all situations. Having no plan can be a mistake. It is suggested to build a plan assuming you obtain an unfavourable outcome. This is how you can deal with the challenge in a strategic way.

6. Appoint a Reliable Litigation Funder Today! Commercial dispute cases can be complex. By avoiding common pitfalls, secure the best-in- class litigation funding to protect your firm’s interests. To proceed in the right direction, you must look for a reputed funder. Did you know? These agencies also offer professional guidance and help you mitigate potential challenges.

7. About the Company LCM Finance begins with analysing the merits of cases and offers the necessary guidance to clients. It is among the top- rated international litigation funders in Australia to help individuals. businesses and

8. CONTACT US 61 2 8098 1390 Level 12, The Chifley Tower 2 Chifley Square Sydney NSW 2000 https://lcmfinance.com/