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WHAT WE DO

Litigation Counsel

Supporting Your Clients

WealthDocket will coordinate, on behalf of your client, a robust bidding process with litigation funders and capital sources known to be interested in supporting the specific claim type being litigated.

Navigating Professional Responsibilities

Litigation counsel have a fiduciary duty to act in the client’s best interest and a professional responsibility to avoid conflicts of interest. Recommending a litigation funding facility to a client without engaging in a competitive bidding process may not be sufficient to satisfy counsel's fiduciary duties and professional responsibilities.


Litigation counsel's economic interest in obtaining a funding facility may create at least the perception of a conflict of interest with the client when counsel selects the funder and/or leads the negotiations of the funding terms and contractual provisions on behalf of the client.


By engaging WealthDocket to coordinate the litigation funding bidding process on behalf of your client, litigation counsel can:

 

  • save significant time which could be allocated to billable matters; and

  • avoid any perception of a conflict of interest and inquiries into whether counsel's fiduciary duties were fulfilled.

Law Firm Funding

WealthDocket obtains non-recourse funding facilities for law firms as a low-friction financing option for firms with high-value litigation opportunities seeking cash flow options.  Our services include:

  • Assessing the firm’s capital needs, its past engagements, pending matters, and pipeline potential to create a clear, tailored offering for presentation to capital sources

  • Engaging in a bidding process on behalf of the firm to obtain competitive offers for the firm’s funding facility

  • Reviewing funding proposals with the law firm and modeling repayment scenarios under each to quantify the cost of funding

  • Advising the law firm on funder selection and negotiating the financial and contractual terms with the funder

  • Coordinating the closing process and the delivery of closing documents

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