LitCap

Houston, Texas – April 3, 2014 – LitCap, an online marketplace for case cost financing, is sponsoring the 2014 TTLA Pharmaceutical & Medical Device Seminar April 3rd and 4th at the Royal Sonesta Galleria in Houston, TX to share insights on common attorney financing questions.

The seminar includes panel discussions, bell-weather cases, and more. Register at: www.ttlapmd.com.

“From the beginning people would ask us, ‘Why would big name firms use the LitCap Marketplace?’  Ironically, the fact was the bigger and better the law firm, the more they needed our product to efficiently manage and maintain a large, growing and profitable practice,” commented Hugh Jones Plummer, Jr., Managing Director of LitCap.  “The more successful the firm, the more money they need to finance their case-related expenses.  A firm’s success can often times outpace its cash flow.  Because of this, we have seen the greatest response for our product from some of the largest firms in the nation.”

While a relatively new company (launched on September 1, 2013), LitCap has facilitated nearly $100Million in case cost financing for attorneys.  Loans funded through the LitCap Marketplace are used for case-related expenses and cover virtually all aspects of civil litigation, including business litigation, employment disputes, wrongful death claims, and even large case-related expenses such as intellectual property or class action litigation.

The LitCap platform and membership provides attorneys a secure marketplace as well as an easy and efficient way to obtain low-cost case expense financing on behalf of clients, as needed. With the ever increasing costs of litigation expenses, LitCap provides an ethical alternative for attorneys whose clients may not always be able to afford to cover all of the costs associated with litigation. Membership is free to qualified lawyers.

TTLA

“LitCap’s mission is to change the way lawyers finance their case-related expenses and to help them economically and efficiently grow their practice,” commented Britton J. Holland, President of LitCap. “Many people at first did not realize that with the LitCap Marketplace you can fund cases on an individual basis and not have to tie up other parts of your docket. Attorneys can now fund just one or all of their cases on a case-by-case basis as well as ethically pass some or all of the related costs to the client.”

About LitCap

LitCap is an online marketplace where preeminent attorneys obtain financing for case-related expenses from qualified investors on an unsecured, nonrecourse basis.

At LitCap, we believe that your case cost financing should function exactly the same way your contingent fee agreement works with your client. If you are successful you repay the debt, if you are not successful the debt may be forgiven. When your business is contingent based your financing should be also. With LitCap, no periodic or monthly repayments are required. Lawyers repay the loan at the end of their client’s case if the case is resolved successfully.

LitCap Platform Competencies: Case Cost Financing for Litigation Case Expenses, Law Firm Financing, Attorney Loans, Case, Trial and Expert Cost Funding, Expert Witness and Litigation Support Financing, Law Firm Working Capital, Law Firm Financing Options, Legal Financing For Law Firms And Attorneys, Funding For Case Costs, Litigation Support Financing For Lawyers, Loans for Lawyers