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Debunking Myths and Misconceptions About Litigation Funder

Litigation Funder or firms are emerging with the demand of financial support. However, there are several myths and misconceptions regarding them. https://lcmfinance.com

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Debunking Myths and Misconceptions About Litigation Funder

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  1. Debunking Myths and Misconceptions About Litigation Funder

  2. Introduction Today, third-party funding is quite common in litigation, yet people still associate it with myths rather than actual facts. The occasion of this presentation is intended to demystify some myths about and clarify misconceptions about them in the profession.

  3. Dispelling Some Popular Misconceptions When It Comes to Legal Funding  Myth 1: Litigation funding firms contribute to the creation of many lawsuits that have no legs to stand for.  Reality: Litigation funders conducting their due diligence to assess the legal strengths of the case, as well as its suitability for funding. They have a self interest in ensuring that well nourished cases with probabilities of success are upheld.  Myth 2: Legal costs escalate through the involvement of funding organizations.  Reality: Litigation funding entails costs and yet can reduce the hurdles that plaintiffs face so as to afford cases of meritorious nature yet without risking their personal resources.  Myth 3: To a significant extent, litigation funders now call the shots in terms of litigation strategy.  Reality: Lack of control: Litigation funders usually have no say in the lawsuit’s course or management most of the time. It offers monetary assistance while at the same time not controlling the litigation process since plaintiffs and their lawyers are in charge.

  4. Clarifying the Facts  Fact 1: This paper seeks to establish how litigation funding improves access to justice.  Litigation funders are very essential in ensuring that justice is fully delivered to the litigants especially those who will not afford to hire a lawyer.  Fact 2: Legal finance providers help control risk exposure for the claimants  This is seen through non-recourse funding whereby the funder takes the risk in a particular case than the plaintiffs in case the case turns out to be unsuccessful.  Fact 3: Litigation Funders are Responsible and Act in a Manner that can be Regarded as Ethical  Respectable litigation funders follow ethical practices and in addition does not conceal any aspect of the funding or the rights of the plaintiffs.

  5. About the Company If you are fighting a legal dispute currently and looking for financial support, contact Litigation Capital Management (LCM), one of the most well known litigation funding companies in Australia. With experience of several years, this litigation funder has emerged to be one of the best in this business with a proven track record. Contact us today to avail our litigation financing services and acquire your rightful justice.

  6. Contact Us Litigation Capital Management (LCM) Litigation Capital Management (LCM) 61 2 8098 1390 61 2 8098 1390 Level 12, The Level 12, The Chifley NSW 2000 NSW 2000 ChifleyTower 2 Tower 2 Chifley ChifleySquare Sydney Square Sydney https://www.linkedin.com/company/lcm https://www.linkedin.com/company/lcm- -finance/ finance/ https://lcmfinance.com https://lcmfinance.com

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