In America today there seems to be a real lack of people being able to enforce there civil rights due to peoples lack of funds and lawyers desires for money to operate. I am considering forming a new type of company. The company will be a finiancial investment company. The investors will put money into a cash pool that is set up to cover a lawsuit.
The company will research cases and advise clients and investors. The company if it finds a good case will then allow private investors to invest in the funding of the suit. The company will retain proper legal help for the area of law involved.
At conclusion of the case the winnings will be allocated to the client and the new firms as agreed upon before the suit is filed.
As a investor would you Invest?
As a client would you retain the company?
Your thoughts?
Lawyers charge a lot already. I wouldn’t want to pay out any more of my settlement for a "lawyers finders fee."
Lawyers charge a lot already. I wouldn’t want to pay out any more of my settlement for a "lawyers finders fee."
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Personally, I would rather invest my money into companies that produce something other than litigation.
I am afraid that there is currently a creater demand for things like alternative energy sources, micro-loans for budding entrepeneurs and aid to those less fortunate……….and fewer lawsuits.
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full time Forex investor and mentor