Equinox Legal Funding is an industry leader in providing individuals & attorney's with funding for their cases.
Online PR News – 18-February-2011 – – Equinox legal funding is now providing funding to individuals and Attorney's for their cases. Case types that are eligible for funding include personal injury, auto accident, wrongful death, negligence, legal & medical malpractice, as well as various others. Funding for Attorney's has a much wider range of case types that can be funded, being that cases are more dependent on the probability of the outcome.
Equinox works with a network of underwriters that specialize in different types of case funding, which enables them to provide funding for nearly every case type. "We work with various funding companies to get the best rates for our clients, to give them options, as far as proposed amounts, interest rates etc", according to Equinox Vice President of Sales.
The Equinox slogan "Building relationships one client at a time", has proven to be true, as they have significantly gained momentum in the last quarter, partnering with various law firms in 8 states to handle all of their legal and attorney funding needs.
Legal funding, also known as "lawsuit funding", has become more relevant over the last two years likely due to the economy, says industry expert David Long. "Many individuals are already cash strapped, even before the are in a a legal settlement."
This type of funding is is necessary for individuals that are in pre-settlement and post settlement stages of their case. Many personal injury cases, the individual is forced to come out of pocket for insurance, co-pays, and also cannot work due to their current physical condition. Attorney's also, often need capital to take on a new case, or continue an existing one, as cases often take unexpected turns.
Equinox Legal Funding continues to make strides, with the ultimate goal of being an industry leader in the legal funding and attorney funding industry.