LawCash Introduces Cut & Cap Pre-Settlement Funding Program -- Lowest Cost Funding
LawCash, the nation's leader in pre-settlement funding, recently introduced its new Cut & Cap program for pre-settlement funding. Effective immediately, participating law firms enjoy the following benefits when their clients use LawCash lawsuit funding:
- After 36 months, if their clients' cases are still pending, their clients' rates will be cut to 1% per month automatically, with no compounding. This rate cut will signficantly reduce the repayment amount due when settlement occurs.
- Clients will enjoy a cap on the accrued usage fees, which will never exceed one third of the gross recovery in the lawsuit.
LawCash's new Cut & Cap program for pre-settlement lawsuit funding will result in substantial savings. LawCash also has a 10% Rule for lawsuit funding. Under the 10% Rule, LawCash will never provide a plaintiff advance which exceeds 10% of the conservative estimated value of the plaintiff's lawsuit.
LawCash also offers Rolling Contracts to plaintiffs seeking lawsuit funding advances. With rolling contracts, LawCash provides plaintiff advances on a monthly basis, rather than as a lump sum. Rolling contracts prevent irresponsible spending, and minimize repayment amounts.
All of LawCash's programs and practices are aimed towards providing attorneys and plaintiffs with the ability to prosecute their lawsuits with the least amount of worry and the maximum recovery.
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