Types of Financing
BKAM meets extensively with potential partners to determine the best structure for financing. Among the more common arrangements are:
Individual claim financing. BKAM will advance both the legal and out of pocket expenses necessary to effectively bring a claim to a favorable conclusion.
Law firm financing. Because contingency fees are law firm assets, BKAM will lend capital to law firms against its contingent assets and fees without recourse to the equity partners.
Post judgment finance. BKAM may fund or acquire a partial or entire interest in a judgment—thereby assuming partially or wholly—timing, appellate and collection risks.
Funding business operations through litigation finance. Legal claims can be a significant asset on a company’s balance sheet. In exchange for the proceeds of litigation, BKAM provides capital to support core business operations during the course of a claim.