By obtaining a modest advance, the pressure to settle quickly and cheaply is removed. This benefits the Plaintiff and the attorney.

Often, attorneys are asked for advances or loans by their clients, with the understanding that the proceeds of the case will repay the loan/advance.  This is an unethical practice and accordingly presents the attorney with a difficult situation.  The attorney could be subject to disciplinary action and even possible disbarment.

By obtaining a modest advance, the pressure to settle quickly and cheaply is removed.  This benefits the Plaintiff and the attorney.

For example, if your client is forced to accept $250,000 on a case worth $500,000 because he is currently unable to meet his financial obligations, your client will lose almost $170,000.  This costs you almost $83,000 in fees.

Has a client’s financial needs forced a premature settlement when you know you could have obtained a better result had the client been able to complete the litigation process?

By obtaining an advance, plaintiffs obtain the funds critical to them and the case can be litigated to conclusion free of the pressure to settle quickly and cheaply.

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