RapidFunds® was co-founded in 2004 by attorney Peter J. Speziale, as a solution to the cash flow problems contingent fee attorneys face. Running a law firm takes a lot of capital. We fully understand the value of the assets contained in your inventory of cases and provide post settlement funding to attorneys across the country.
Who is Eligible for Our Post Settlement Funding?
We provide funding to plaintiff contingency fee attorneys. Attorneys must have documentation that proves that a settlement has occurred. Documentation required depends on the case, but generally we need some background information regarding your firm and your retainer agreement. We do not provide funding for defense counsel or directly to plaintiffs.
What Types of Cases are Eligible?
Here is a non-exclusive list of contingency fee cases for which we provide post settlement funding:
- Class actions
- ERISA
- Wage & hour
- Complex litigation
- SEC
- Antitrust
- Negligence
- Premises liability
- Product liability
- Automobile cases
- Medical malpractice
- Death compromise cases
- Employment litigation
- Mass torts
- Multidistrict litigations
- Labor cases
- Construction defect
- Workers’ Compensation
- Commercial cases (in some instances)
If you handle a unique area of law, give us a call! We’ll work with you and see if we can find a way to help.
How Fast Can I Get Funding?
Many of our clients get funded within 24-48 hours. Some clients even get funded the same day they apply. The speed of funding depends on a variety of factors including how quickly we get your documentation, how quickly we can verify your settlement, as well as the specific circumstances of your case. As lawyers, we understand that sometimes there is an urgent need for cash flow. We do everything we can to ensure there are no necessary delays in your application process.
Convert Your Case into Cash with Post Settlement Funding from RapidFunds
Post-settlement funding was created to help plaintiffs’ attorneys who find themselves in need of cash while awaiting receipt of pending contingent fees. Access to funds can help you cover cashflow issues while you are waiting for your fees. Post settlement funding has been and continues to be one of the strongest tools in an attorney’s toolbox.
At RapidFunds, we handle everything from intake through making a funding decision and providing the funds. We are NOT a broker or hedge fund. We do not take an application and agree to fund and then look for a source of funds. Rather, we have direct and immediate access to substantial committed capital sitting in our bank account. We are also more than just underwriters—we are lawyers who understand how your practice works so we can quickly evaluate your cases and come to a fast decision without depleting your time.
For more insights on legal trends and more, subscribe to RapidFunds on LinkedIn. RapidFunds has been providing post settlement funding for almost 20 years. We’ve completed over 4,000 transactions and have helped thousands of firms with funding. Stop waiting for your legal fees and contact RapidFunds today.