Things To Consider While Getting Litigation Funding

Litigation financing is also known as legal funding, third party funding and professional funding etc. It is a mechanism where litigants can finance their litigation or other legal cost via third party funding company. The companies allows applicant to take money in advance against some percentage of settlement or judgment. If in any case the applicant loses the case they did not have to pay a single penny and all the cost is payable by the third party funding company.