Frequently Asked Questions

Legal Fund is an emerging litigation financing company with its working office in Delhi, backed by highly enthusiastic professionals., and takes an innovative approach to financing merit legal claims. LegalFund finances litigation related assets through both its online marketplace and dedicated litigation finance fund. Founded in 2020, the company is privately owned and has offices at 514, Usha Kiran Building, Azadpur, Delhi 110033.

It is also known as litigation crowdfunding, litigation financing, or litigation investing. It describes the process by which capital is provided by a third-party or a “litigation funder” to a claimant in litigation, in exchange for an agreed percentage share in the recovery proceeds if the case is won. A litigation funder gets share in the proceeds of the claim only if the claimant wins the case. 

The funds provided by the litigation funder can be used to pay the costs of litigation that may include legal fees, lawyer’s fees, adverse expenses and court other misc. expenses. Litigation financing supports companies involved in litigation with working capital or enables business owners to meet actual business goals.

If you are a Lawyer or Claimant, you can directly connect to our executives. They will help to clear all your doubts and in submitting your case for review. 

If you want to invest in legal claims, you can arrange a call or video conferencing our team. They will help you to understand all the basics and process of litigation funding.  

For Claimants & Lawyers

You can obtain funding through LegalFund by submitting your case for evaluation and assessment by our legal experts. Our transparent and innovative platform helps you to get funds through non-recourse methods: attorneys for their clients and Claimants for their legal cases. For more details you can get in touch with our team.

LegalFund will work with you and analyse the case submitted for review to determine the expected costs of litigation and the optimal amount of funding in order to reach a resolution. It can fund either completely or partial litigation depending upon the case merits.

A claimant can use funds for various purposes, it includes:

  • Legal fees
  • Expert witness fees
  • Court fees
  • Discovery costs
  • Lawyer’s fees. Etc.

LegalFund helps in funding meritorious commercial and non-commercial cases at all stages of litigation,including:

  • Arbitration disputes
  • Intellectual property rights disputes
  • Construction disputes
  • Employment and labour disputes
  • Data Privacy disputes
  • Insolvency and Bankruptcy disputes
  • Consumer disputes
  • Debt Recovery disputes
  • MSME disputes
  • Breach of Contract disputes
  • Cheque bounce disputes
  • Professional Ethics disputes
  • Financial services disputes

A number of factors are considered while evaluating cases for funding through LegalFund. These factors include:

  • Strong Legal merits: Cases must have strong legal merits. It means a sound understanding of the case, strong grounds and an adequate amount of the claim’s value. Estimated time to resolution is also taken into account.​ 
  • Strong Legal team: The case must be represented by experienced Advocates with strong track record of success in the related legal area. Advocates may be working on a contingency or % basis. 
  • Defendant’s Strength: Defendants must be well-capitalized entities with an ability to pay damages/claims awarded as a result of litigation. 
  • Costs of litigation: The expected costs of the claim must be foreseeable. An estimated budget is required from counsel to consider a case for funding through LegalFund.

Once a case is posted to the LegalFund platform for investment, it is the investor’s responsibility to evaluate the opportunity and make an investment decision.

After submission of your case, LegalFund team will complete an initial review of the case and legal claim asked by you. The team will contact you for additional information, if required. Cases are reviewed on a first come, first serve basis.

Legal fund review cases in the order they are received. If a legal claim is accepted for review, you or your legal team may be contacted for additional information. If a claim meets the criteria to be funded, you will receive a term sheet. After the terms are accepted, a final review will be performed, lasting up to a week or sometime more.

The speed of the review process depends on the responsiveness of the parties during the review period.

LegalFund provides protection of privacy and confidentiality of information to its clients. It provides only that information which is publicly available or discoverable to the management team of LegalFund and a case portfolio will be shared with investors to make an adequate investment decision.

No, LegalFund does not have any rights to manage, interfere with, or influence the prosecution of the case. Claimants enjoy full right over settlement strategies and decisions, but LegalFund can look into the track record and experience of the Advocates who are representing your cases.

Legalfund doesn’t involve fully with the cases, it acts as a passive investor. But, It will be entitled to receive material updates from the concerned advocate and will also monitor the case based on publicly available information.

An advocate needs to provide the case matter of his client for review to our team either online or over the phone. The information which is publicly available or discoverable may be provided to LegalFund. Additional information and supporting documentation may be requested from you or your client.

For Investors

To get started fill the given form to connect with our executives or you can directly call. Our team will help you in understanding the investment process and clearing all your doubts.

Any individual, institutional body with high net worth, including select family offices, hedge funds and asset managers can invest with LegalFund.

A number of factors are considered while evaluating cases for funding through LegalFund. These factors include:

  • Strong Legal merits: Cases must have strong legal merits. It means a sound understanding of the case,  strong grounds and an adequate amount of the claim’s value. Estimated time to resolution is also taken into account.​ 
  • Strong Legal team: The case must be represented by experienced Advocates with strong track record of success in the related legal area. Advocates may be working on a contingency or % basis. 
  • Defendant’s Strength: Defendants must be well-capitalized entities with an ability to pay damages/claims awarded as a result of litigation. 
  • Costs of litigation: The expected costs of the claim must be foreseeable. An estimated budget is required from counsel to consider a case for funding through LegalFund.

Once a case is posted to the LegalFund platform for investment, it is the investor’s responsibility to evaluate the opportunity and make an investment decision.

Legal Fund posts Investment opportunities on Legal Fund website. They are indirect investments in legal claims offered through single purpose pooled investment funds managed by LegalFund.  When an investor invests in a particular case, he purchases a share of a particular amount (a certificate of share is sent to you on your registered mail id). If a case is won by the claimant, investors get an agreed percentage share from the recovery proceeds of a claim.

We know, investments are subject to market risk. LegalFund is also an investment therefore, Investments in legal claims offered through LegalFund are speculative and carry a risk. The recovery of funds and profit over it depends on the outcome of the case. If the claimant wins the case, then investors get his share from the recovery proceeds of the case. 

Such investments are ‘private placements’ of securities that are not publicly traded, are subject to long holding period requirements, and are intended for investors who do not need a liquid investment. Investors should be able to afford the loss of their entire investment without a change to their lifestyle but it is more severe than any other equities.

Investors, after going through the various case portfolios posted on the legalfund page, can make an investment decision. For each investment, investors can transfer their investment/fund via UPI, NEFT, IMPS, CHEQUE and other online and offline methods. For each investment opportunity there will be specific account numbers that LegalFund will provide to the investor, so that funds are received properly and securely.

Legal Fund charges no management fees for individual cases from the Investors.

LegalFund reviews the cases before presenting it to the investors for investment. Reviewing the cases takes time. Thus, It can be possible that there will not always be an open case for investment on the LegalFund platform. Investors who complete registration will be notified as soon as there is a new case available for investment. Investors are responsible for evaluating case portfolios and making their own investment decisions.

LegalFund is committed to protecting the privacy and confidentiality of information. Please see our Privacy Policy and Terms of Use.