Flaws in Legal System Give Rise to Lawsuit Funding
Sometimes it is appropriate to get down to basics when analyzing an issue. Although we have written extensively about the pre settlement funding business and how the market players are simply filling an existing need, what is rarely discussed is why there is a need in the first place.
The answer is that the legal system is not perfect. Like all systems, certain problems arise. In a free society, market participants can remedy some of them.
The delay in adjudicating cases is one such problem. Lawsuit settlement funding seeks to remedy its effects. [Read more…] about Lawsuit Funding Solves an Existing Problem