Legal Funding Fees

We work diligently at Legal Funding Group to educate the client that even at the lowest rate possible, a non-recourse lawsuit cash advance is expensive and should only be used as a last resort. Be aware that the Lawsuit Financing Industry is full of part timers and very expensive advance operations. Some companies charge an automatic 100% of the cash advance amount; some charge 15% per month etc. Some even demand a portion of the lawsuit settlement in addition to the cash advance amount and fees!

Other companies that advertise low rates are simply adding larger front loaded one-time fees. For example, in place of a 10% origination fee – they will charge a 20% origination fee and knock off a ½ point on the monthly fees, hardly a bargain. In other cases they are doubling up on application fees.

Our legal fee structure includes a flat one-time application fee that ranges from $250.00 - $350.00. A one-time origination fee of 10% of the gross funding amount. Our monthly compounded fees range from 3.0% to 6.0%. The client is never required to pay any up front out of pocket expense. And of course all of our advances are non-recourse. If you are a client that is seeking a larger advance, we encourage monthly draw downs to save on monthly fees. We find that everyone’s needs are different. Please fee to call us toll free at (877) 457-7771 - 8:00 A.M. – 5:00 P.M. CST should you have questions.