Litigation funding can be essential in ensuring that law firms can act on behalf of their clients and is most commonly used in class action litigation. For individual legal claims, disbursement funding is used to ensure claimants are not out of pocket, or further financially distressed, during the claims process.
For personal injuries law firms that enter into no win, no fee agreements with clients, engaging a third-party organisation (and in particular a non-bank lender) to provide outlays funding reduces stress on the law firm’s cashflow and allows them to use their capital for growing their business.
Funding disbursements for personal injuries law firms was at the heart of Providior’s inception in 2013. While we have grown to service all areas of legal practice, we continue to be at the forefront of outlays funding across Brisbane, Queensland and Australia. We have helped dozens of personal injuries law firms in your situation and have proudly watched them go from strength to strength.