Lcm Finance

Rear-end collisions are one of the most common types of car accidents that take place across the world. Compared to other car accidents, a rear-end collision accident often results in significant emotional, physical and financial consequences.  Mostly these accidents occur due to a distracted driver, adverse weather conditions or sudden stops. Aside from the vehicle damage and injuries, victims also have to deal with lost wages, hefty medical bills and other unexpected things. Taking third-party litigation funding loans can be beneficial. Let’s learn more it in the following blog post. How can legal financing help you deal with a rear-end collision lawsuit? Rear-end collision accidents can result in a wide range of injuries, from minor injuries to severe conditions, like spinal cord damage or traumatic brain injuries. A side from getting treated for these medical injuries, you also have to deal with PTSD (Post-Traumatic Stress Disorder), daily living costs and other fees. Well, li...

Australia has started embracing litigation finance. It turns out that it’s how some people or businesses can receive money towards their legal cases. It pays for things like lawyer or attorney charges, experts and others. Instead, the litigation funder gets a share of the winnings if the case is won in court. However, if the case is lost, the person who receives the funding does not have to return the money to the funder. However, there are costs and fees in obtaining litigation finance in Australia. Knowing these costs assists people in coming to proper decisions. 1. Percentage of settlement or Award The most common cost of funding in litigation finance is the cut that the funder gets from the amount granted in the settlement or award obtuse. This amount can vary widely. Part some funders may take anything between $20,000 and $40,000 of the settlement. Perhaps, in complex situations, this percentage may go higher. How much varies with the risk involved; the size of the case; and how ...