Lawsuit funding financial franchises - how they might work

This business offers wonderful opportunities. Your own hours. Home based. Something that people are grateful for. Possibly even exceptional profits, who knows, although I wouldn't want to promise you will do as well as some of the folks already in the business.

But where's the formula, the "here's how you do it"? You're looking for a recipe, aren't you? If you're smart, you are. Who wants to reinvent the wheel?

And there's the rub.

As you know, there is no financial franchise I am aware of that offers you a chance to get into the litigation funding marketplace. But if there were…let's explore the business a bit. Let's see what a typical deal looks like for people in the business.financial service franchise

You will first find someone who has been hurt or injured. Let’s call her Laura. Laura has no money and is worrying about paying her bills and getting to the doctor and taking care of her family. She is overwhelmed.

But on the advice of her friends, Laura goes to a personal injury lawyer. We’ll call the lawyer Tom.

Tom reviews the case and agrees to take it on.

Since Laura has no money, Tom will spend his own money on moving the case forward.

As the lawyer in the case, Tom will pay for filing the complaint in court, and all the depositions and everything else.

In return, when Laura wins, Tom will first get paid back all those expenses he paid. And then, Tom will get maybe one third of what is left.

If the case is lost, then Tom will lose all his costs and his time and he will get nothing.

Now Laura is still financially to the wall and she doesn’t know what to do. That’s where you come in.

Do good and make money at the same time

You look at the case that Tom has already taken on. You say “good case.”

You check it out and you become convinced that it is one of the 18% of cases that should either settles or go to trial. You figure that eventually Laura will get $50,000 out of the case. So you agree to advance, say, $5,000 to Laura.

Now let’s say that as expected, this is one of the cases that Tom settles. Tom takes his costs out of the settlement. He takes his third. He pays you your money back. And he pays you your fees that you charged Laura in return for advancing the money. He gives Laura what is left.

You get a reasonable fee for your troubles. It is a reasonable fee given the situation. But it is a very nice return, a return that anyone would be jealous of.

She is happy because she won. You are happy because you got a great return. And Tom is happy because you helped his client Laura through a bad patch.

This is win-win-win, you see. It’s good for everyone. Best of all, it let Laura get by financially and pay for living expenses in a difficult time period for her.

Invest Other People’s Money

If the case is lost, you do not get any money from Laura. None.

There are two ways of dealing with this. One is to practice what is called risk management.

That means first, that you never invest too much in one lawsuit. Stay away from huge lawsuits. Do smaller ones instead.

Second, you can get investors to put up some or all of the money. The investors share the profits with you. In the event that the case is lost, the investors lose money but all you are out is a little bit of your time.

My client is waiting in the wings to invest in lawsuits. There is plenty of this “smart money” around. So if you have none of your own money to invest, or you don’t want to take the chance, then put other people’s money to work.

And that's a good thing, isn't it?

Why not find out more? A lot more

I have a lot more that I am offering to show you. I am planning on telephone conference calls, videos, and good hard information. There is an email list that you should join in order to find out more about this. I will only send you emails related to this and will never share your name with anyone. Also, there is a simple "one click" unsubscribe because I don't want you on my list unless you want to be there and are avidly reading every email I send you. Fair enough?

Permalink • Print