Georgia Ethical Cannon
EC 5-8 A financial interest in the outcome of litigation also results if monetary advances are made by the lawyer to his client. Although this assistance generally is not encouraged, there are instances when it is not improper to make loans to a client. For example, the advancing or guaranteeing of payment of the costs and expenses of litigation by a lawyer may be the only way a client can enforce his cause of action, but the ultimate liability for such costs and expenses must be that of the client.
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“The work being done by LawCash is of extreme value to the legal profession and to the clients we represent, and I applaud the manner in which LawCash is carrying out its responsibilities."
John Romano, Esq.
Past President, Academy of Florida Trial Lawyers
“When a company like LawCash funds a value equal to about 10% of the client’s case, the client still has an incentive to cooperate and to be reasonable at pre-trial and settlement stages.”
Gregory T. Cerchione, Esq.
President of the Brooklyn Bar Association.
"I like the organization (LawCash) because it provides access to cash that would otherwise be extremely difficult to obtain from insurance companies, which have always had the upper hand."
Bertha Lewis
Executive director of the Association of Community Organizations for Reform Now (ACORN)