Legal Funder, Alliance Claim Funding Yields Success for Lawyers, Plaintiffs and Investors

NEW YORK, May 25 /PRNewswire/ -- Alliance Claim Funding LLC, (www.allianceclaimfunding.com), a three year old, New York firm, is finding success in the growing legal funding field.  The company headquartered in Midtown Manhattan, partners with investors to provide funding to attorneys and plaintiffs pursuing personal injury, wrongful death, medical malpractice, and product liability lawsuits.  In addition, the company is consistently delivering exceptional, double-digit returns for investors.

Funding for Lawyers and Plaintiffs

Alliance Claim Funding provides lawyers, and plaintiffs, the funding necessary to pursue their cases.  Founder and CEO, Dimirtri Mishiev said, "We've seen tremendous growth in three short years, as law firms and plaintiffs frequently turn to us for financing to solidify their cases." He continued, "Without this funding many attorneys and their clients, are forced to settle cases too soon."

Mishiev explained, "We're filling a financial need, the big banks like JP Morgan Chase Bank, Citibank, Bank of America, TD Bank and Wells Fargo, will not finance litigation."  "Our firm steps in to provide the much needed funding," he said.

An injured or damaged Plaintiff often does not have the resources to pursue their case, even when lawyers accept cases on a contingent-fee basis. The very nature of these cases usually affects the Plaintiff's ability to earn a living, pay bills, and borrow more money.

Mishiev explained, "Plaintiff's often use these funds to prevent foreclosure of their homes, eviction from their apartments, or for medical expenses and living costs so that they may hold out longer for a higher settlement or verdict.

High Investment Returns

Alliance Claim Funding is seeing a growing number of investors seeking the high returns litigation funding provides.  Alliance Claim Funding's portfolio as a whole has had a return in excess of twenty-five percent per year in recent years.  The first quarter of 2010 is shaping returns over thirty percent to date for investors.  Investing in litigation is one of the fastest growing trends in the global investment arena.

"The growth in litigation funding as an investment vehicle has spawned a steadily growing hedge fund market, due to the opportunities for high returns," said Mishiev.

Alternative investments, such as pre-settlement funding, are increasing in popularity and are becoming major players in the investment mainstream. The development of pre-settlement funding affords investors the opportunity to branch out of traditional investments, which are more likely to be cyclical.

Company Profile:

Alliance Claim Funding. LLC advances funds to plaintiffs pursuing damage claims; in return, securing a portion of the proceeds that may flow from successful case settlements.  If the case does not settle prior to trial or loses the trial - the advance is forgiven.  The company's services include: Alliance Claim Funding Services: Pre-Settlement Funding, Lawsuit Cash Advance, National Lawsuit Funding, Legal Funding, Lawsuit Loans, Attorney Lawsuit Loans, Commercial litigation Funding, Settlement Funding, Lawsuit Funding, and Structured Settlement.

SOURCE Alliance Claim Funding LLC