For Lawyers

We can provide funding for:

• Medico-legal Reports
• Clinical Records
• Court filing fees
• Mediation Fees
• Interpreter Fees
• Police Reports
• Expert Witness Reports

The benefits:

• No establishment fees
• No admin fees
• No credit checks required
• No assets required
• Same-day EFT funding
• Payment to 3rd parties on your behalf – trust accounting not required
• Short and sweet, one-time agreement with us, then funding on a case-by-case basis, only if/when you need it
• No contracts or even contact with your clients
• Unlock your capital for other things
• Outsource admin by referring incoming bills to us
• Take on more cases
• Defer payment for up to 3 years (when the case resolves)
• Upfront pricing - no hidden fees or charges

How does it work?
Rates, due dates, and all other variables can be decided on a case-by-case basis. When it comes to litigation there often isn’t a one size fits all solution. We tailor-our funding based on what you specifically need. The following is an example of what you can expect in a typical transaction:

• Medico-legal invoice/court filing fees/expert witness report/misc. disbursement = (say) $500.
• Solicitor sends invoice to Legal Pay.
• Legal Pay then pays $500 into law firm’s trust account OR pays external provider directly, based on your preference.
• Legal Pay issues a new invoice for an agreed amount which includes our service fee. This goes on your client’s file as a disbursement in the usual way.
• Upon settlement/judgement/award etc. your firm pays our invoice from the proceeds of the settlement.

We provide the investment to get cases moving, that frees your cash up for other things, and the client doesn’t have to shell out upfront. Win > win > win. If you’re cash-flow positive anyway that’s great, but forking out hundreds of thousands to get matters moving is money that could be spent on an extra solicitor; more support staff; upgrading office space et al. 

No extra paperwork
We do not require any loan documents, contracts, or any signatures from your client. We enter into a commercial relationship with you, based on a once-off set of terms and conditions. No obligations to use our services, and no lock-in contracts. There is a standing agreement between Legal Pay and your firm which you can choose to use if and when you feel like it.

What about disclosure?
We find that clients address this by inserting a simple clause into their conditional costs agreements, explaining that unless clients wish to pay out-of-pocket expenses during the case, the firm will engage the services of a third party funder.