Are litigation finance contracts loans?

Understanding the difference between a loan and litigation finance

Although many people misunderstand litigation finance arrangements as "legal funding loans," the truth is that receiving litigation finance is significantly different from taking out a loan. Rather than receiving a loan which must be paid back regardless of your case outcome, plaintiffs receive legal fees and working capital from Legalist which is paid back only when you are successful.

As compared to a lawsuit loan, litigation finance increases the value of the case rather than detracting from its earning potential. We're here to help you see your case through. Importantly, legal funding is not a loan, its an advance on your case. That means if you don't win your case, you don't pay us back.