LexFund: The U.S. Marketplace for Litigation Funding
LexFund is a streamlined U.S.-focused litigation funding platform built for attorneys and funders to connect efficiently while maintaining control and privacy. By providing secure, compliant financial transactions, LexFund empowers attorneys to secure funding for cases and helps funders discover investment opportunities. With integrations like Orum.io for payments and DocuSign for document execution, LexFund simplifies the process while ensuring compliance with KYC, KYB, and AML regulations.
What is Litigation Funding?
Litigation Funding refers to the practice of third-party investors providing financial support to plaintiffs or attorneys to fund litigation in exchange for a portion of the proceeds from the case. This type of funding allows parties with strong legal claims but limited financial resources to pursue justice without bearing the financial risk. In essence, the funder covers legal fees and other litigation-related expenses, and in return, they receive a percentage of the recovery if the case is successful. Litigation Funding helps level the playing field, particularly in complex and high-cost cases, allowing for greater access to justice.
At LexFund, we provide a secure platform where attorneys can connect with funders to secure this type of financial backing efficiently.
Attorney-Focused Solutions: Secure Funding in 3 Simple Steps
1. Apply Once
Attorneys only need to upload their case once to reach LexFund’s network of vetted funders. Privacy settings enable attorneys to protect sensitive and identifiable case information in their listing, with the ability to upload anonymously.
2. Connect
Attorneys receive introduction requests from interested funders, and have the flexibility to choose which requests to accept. Once connected, attorneys can upload and execute NDAs directly through the platform using DocuSign, and share files in a live data room for a streamlined and secure exchange of information.
3. Execute and Receive Funding
Once terms are agreed upon, attorneys finalize funding agreements on LexFund with DocuSign integration. LexFund offers the ability to directly and securely receive funds via the Orum.io integration, which ensures all financial transactions meet KYC, KYB, and AML compliance. Attorneys can track the funding history for their portfolio of cases via a comprehensive activity log.
Benefits for Attorneys
Complete Control Over Information: Attorneys have full autonomy over how much case information is shared and with whom.
Streamlined Workflow: With both DocuSign and Orum.io integrated into the platform, attorneys save valuable time by handling both document execution and payments securely in one place.
Risk Management: Attorneys can mitigate financial risk by securing third-party funding, allowing for greater flexibility when taking on high-stakes cases.
Funder-Focused Solutions: Access a Pipeline of Cases
1. Browse
Funders have access to a real-time feed of cases uploaded by pre-approved law firm domains. Cases are listed with detailed information, and funders can filter by investment size, estimated damages, case type, stage of litigation, and court type.
2. Connect
When funders find a case of interest, they can request an introduction to the attorney for further details. NDAs are securely executed via DocuSign, and funders can access a live data room with files uploaded by the attorney to conduct due diligence before making investment decisions.
3. Fund
Once an agreement is reached, funders can finalize funding agreements and execute transactions directly on the platform. Payments are securely processed through Orum.io, with full KYC, KYB, and AML compliance. Funders can also track their investment history and monitor performance via LexFund’s comprehensive activity log.
Benefits for Funders
Vetted Case Opportunities: All cases on LexFund come from pre-approved law firm domains, ensuring funders are viewing high-potential claims.
Efficient Due Diligence: With NDAs handled via DocuSign and access to live data rooms, funders can efficiently evaluate the merits of a case before committing to an investment.
Secure Transactions: Payments are processed securely through Orum.io, ensuring compliance with global regulations and minimizing risk.
Technology Partners
Orum.io: Secure and Compliant Payments
LexFund integrates Orum.io to ensure that all financial transactions comply with KYC, KYB, and AML regulations. This ensures secure payments while protecting sensitive financial data. Importantly, LexFund does not sell or share user data, maintaining privacy for all parties involved.
DocuSign: Seamless Document Execution
By integrating DocuSign, LexFund simplifies the legal documentation process, enabling attorneys and funders to execute agreements directly on the platform. Whether signing NDAs or funding agreements, DocuSign ensures that all documents are legally binding and stored securely.
Privacy, Security, and Ethical Standards
LexFund is committed to upholding the highest standards of privacy and security. Attorneys control how much information is shared with funders, and all transactions and communications are protected with top-tier security measures.
Pricing
At LexFund, our platform is completely free to use for both attorneys and funders. We only take a 2% fee off the capital deployed, with no additional hidden fees or charges. This straightforward pricing structure ensures that you can focus on securing funding and managing your cases or investments without worrying about unnecessary costs. Our goal is to facilitate litigation funding efficiently and transparently, so you can maximize the potential of each case or investment opportunity.
Other Features
Integrated Patent Search for IP Cases
For intellectual property (IP) cases, LexFund offers an integrated patent search tool that allows attorneys and funders to quickly access relevant patent information. This feature is particularly valuable for evaluating the strength of IP claims and conducting due diligence.
Real-Time News Feed
Stay informed with LexFund’s real-time news feed, which provides up-to-the-minute legal news and key developments in the litigation funding industry. This feature helps both attorneys and funders remain aware of any significant shifts that may impact their cases.
Join LexFund Today
Whether you're an attorney seeking funding or a funder looking for new investment opportunities, LexFund offers the tools you need to succeed in the evolving landscape of litigation funding. With Orum.io and DocuSign integration, we provide a secure, transparent, and efficient platform for all parties.
LexFund is a platform that connects attorneys representing plaintiffs with litigation funders. Attorneys can submit case details, and funders have the opportunity to review and choose cases to provide financial backing. LexFund facilitates these connections and streamlines the process, ensuring that both attorneys and funders have the information they need to make informed decisions. Our platform handles the entire process, from introductions to document execution and funding, all within a secure and compliant environment.
Only attorneys representing plaintiffs can apply to LexFund for litigation funding. Plaintiffs themselves cannot apply directly, ensuring that all applications are made with full legal oversight.
LexFund has a simple and transparent pricing model:
No upfront costs: There are no charges for attorneys to submit cases or for funders to review them.
2% fee: When a litigation fund invests in a case, LexFund charges a flat 2% fee on the capital deployed. This fee is deducted from the funds provided by the funder to the plaintiff.
No hidden fees: There are no other platform fees or additional costs for using LexFund.
Litigation financing through LexFund allows attorneys to pursue cases without the financial burden of upfront costs. Here are key benefits:
Risk reduction: Financing provides the necessary funds to cover legal fees, expert witness costs, and other litigation expenses, allowing you to focus on the merits of your case.
Level the playing field: Access to capital ensures that your clients can compete against well-funded defendants, creating a fairer opportunity for justice.
Financial flexibility: You can pursue meritorious claims without straining your firm’s financial resources or requiring your client to finance the case upfront.
LexFund is built with security and regulatory compliance in mind:
KYC/KYB/AML: Our Orum.io integration conducts comprehensive Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML) checks on all users before any payment is processed. This ensures that all parties comply with applicable regulations and that financial transactions are legitimate.
At LexFund, protecting your data is our highest priority:
No data selling or third-party cookies: LexFund does not sell or divulge user data to third parties. We also avoid using third-party cookies that track personal behavior across the web.
Orum.io payment integration: We chose Orum.io as our payment processor specifically because it does not sell data or use account-linking practices that would expose account balances or other sensitive financial information. For more information, read Orum.io’s commitment to privacy [here], and LexFund’s privacy policy [here].
Currently, LexFund only supports cases within the United States. We are continually evaluating opportunities for expansion but currently limit operations to U.S.-based legal claims.
