For plaintiffs’ firms, success does not always translate into immediate liquidity. Even after a case settles, attorneys often face weeks or months before contingency fees are disbursed. During that waiting period, firms still must meet payroll, pay rent, fund active litigation, and cover operating expenses.
Post-settlement funding offers a practical solution to this common cash flow challenge.
How Post-Settlement Funding Works
The process to obtain funding with RapidFunds is simple and straightforward. We’ve streamlined our process over the years and do not require long, complicated applications or extended wait times for approval.
Step One: Due Diligence
When you seek funding through RapidFunds, we will collect some information about your case to verify your settled case. We will rely on the application you submit and our independent due diligence to determine if we can offer to buy a portion of your anticipated legal fee.
Our due diligence process is done in complete confidence. No one knows that you completed a RapidFunds transaction except you and us. We do not communicate with the defendant or their counsel. The due diligence process often takes as little as 24-48 hours.
Step Two: Sign Agreement
We will speak with you to discuss the application, and once all is in order, we will provide our Agreement between you and RapidFunds.
Step Three: Receive Funds
We wire money directly to your account, often the same day you apply, so the money is available to you immediately.
From Reactive to Proactive Financial Management
Many plaintiffs’ firms manage cash flow reactively. Large settlements create short-term surges in liquidity, followed by leaner periods as they await the next resolution. This cycle can lead to delayed investments, postponed hiring decisions, or hesitation in taking on capital-intensive cases.
Post-settlement funding shifts that dynamic. Instead of waiting for funds to arrive before making strategic decisions, firms can access earned revenue when it is most needed. This enables proactive financial planning rather than reactive cash management.
With predictable access to capital, firms can:
- Plan hiring and expansion with greater confidence
- Invest in marketing initiatives to generate new case pipelines
- Upgrade technology and case management systems
- Fund expert witnesses and litigation costs in active matters
Rather than allowing administrative delays to dictate operational decisions, attorneys can align financial resources with business strategy.
A Strategic Tool, Not a Stopgap
Post-settlement funding is not about filling a gap caused by poor planning. When used strategically, it becomes part of a broader financial management toolkit. Just as firms leverage lines of credit or case cost financing, post-settlement advances can support long-term growth and stability.
In an industry where revenue timing is unpredictable but expenses are constant, having flexible access to earned fees allows firms to operate with confidence. By smoothing cash flow and reducing financial volatility, post-settlement funding empowers plaintiffs’ attorneys to focus on what they do best: delivering results for their clients without operational disruption.
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If you need assistance bridging the gap between settlement fees, contact us today to learn more about how we can help with post-settlement funding.