Alternative Dispute Resolution & Lawsuit Funding
LawLeaf provides lawsuit funding against cases involved in alternative dispute resolution procedures. If you are a plaintiff with legal counsel, you may be eligible to a lawsuit cash advance against the future proceeds from your case. We can offer pre settlement funding against cases in ADR procedures and settlement loans against those cases that are already settled. For additional information on our services, contact us today.
There are thousands of lawsuits each year that are resolved through dispute resolutions. These resolutions range from both court ordered and non court procedures. Whether negotiated through an attorney or handled by a neutral third party, alternative dispute resolution is the most cost effective way to settle a lawsuit out of court.
Alternative dispute resolutions typically fall under three main categories:
When an injury claim is filed due to the negligence or wrongdoing of another, opposing sides may attempt to negotiate a settlement. This process is the most common type of alternative dispute resolution; especially when liability is clear. If the parties cannot reach an agreement the two sides may end up in arbitration. Arbitration is an out of court arrangement in which the arbitrator can impose a decision. The other form of alternative dispute resolution is mediation. A mediator may identify the strengths and weaknesses for both sides. This process will allow the plaintiff the ability to make an informed decision of whether further litigation is necessary. It may also be enough to convince the defense to reconsider a counter settlement offer made by the plaintiff. The mediator will not impose a decision rather offer solutions.
There are some forms of ADR that are private and while others can become public knowledge. Alternative dispute resolution is beneficial for all parties involved.
There are several benefits to ADR:
- It can greatly reduce time
- It is cost effective
- In some cases a decision will not be imposed and solutions may be offered
- In some cases there are parties involved that can help speed up your case
- In most cases neither party has to agree to a proposed solution or offer
Alternative dispute resolution offers both parties a low cost option of resolving lawsuits compared to a timely litigation process. The ADR process should provide some insight to both parties on the pros and cons of their legal position.
At LawLeaf we understand that some people are forced into bad decisions. When a person has exceeded their financial threshold and are struggling to pay the bills, even the smallest offers may start looking good. We believe that each victim should base their decision to accept an offer because it’s fair and not because they need money. LawLeaf provides lawsuit funding to plaintiffs throughout North America. We offer pre settlement funding against cases going through ADR and post settlement funding against cases that are already settled.
If you are going through the alternative dispute resolution stages of a case, heading to a trial, or already received a judgment award, we can help. LawLeaf provides legal financing throughout the United States for a variety of different personal injury and commercial litigation claims: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia D.C.