Regardless of what area of law you specialize in, at some point you are
likely going to need the services of an expert witness. Whether it’s
a forensic site reconstruction in a motor vehicle case or a doctor in
a medical malpractice case, an expert opinion can mean the difference
between winning or losing at trial. Even before trial, a solid expert
report or deposition can carry enough weight to help you negotiate a fair
settlement for your client.
Although the role of an expert will vary depending on the type and needs
of the lawsuit, experts can bolster your case by:
- providing education and information
- evaluating the case
- assisting in case development
- performing tests
- conducting experiments
- providing written statements
- preparing demonstrative evidence
- providing oral and written testimony at deposition and/or trial
While hiring an expert may be crucial to proving your case, expert witness
fees typically cost law firms thousands of dollars and typically need
to be paid up-front. Smaller law firms especially may not have the available
capital to pay for an expert, forcing some firms to pass the cost to clients,
or even turn away clients they do not have the resources to competently assist.
Expert witness financing is available to cover case costs when a law firm
needs it most. Unlike traditional banks, lenders that specialize in financing
for lawyers accommodate the needs of the legal industry. The funding company
provides financing to law firms in the form of a loan or a line-of-credit
based on the value of the firms’ cases and the partners’ credit profile.
Case Funding Inc. is a New York based specialty finance company and industry
leader in providing litigation funding solutions to attorneys and law
firms. Pre-settlement and post-settlement settlement working capital loans
enable attorneys to; invest in their cases in the form of expert witnesses,
pay operating expenses and marketing costs and better manage cash flow.
For a free confidential consultation, please contact us at
(800) 543-4043 or fill out our secure contact form.