Turning unpaid invoices into paid ones, at no cost to you

The event will take place on June 7, 2023, from 5 pm to 6:15 pm IST.

You can register for the event by filling out the form on this page.

No, the event is free of charge for all participants.

The event will be conducted online via Microsoft Teams. You will receive a link to join the event after you register.

You can contact us at case@legalpay.in.

Attending this event will help you understand the benefits and challenges of litigation funding, and how it can enhance your litigation practice or knowledge. You will learn how to assess the suitability of litigation funding for your cases, how to negotiate and structure funding agreements, and how to manage the relationship with funders. You will also gain insights into the legal and ethical issues surrounding litigation funding, and how to address them effectively.

Yes, the event will provide practical tips and strategies for handling various stages of litigation, such as case selection, due diligence, budgeting, discovery, trial preparation, settlement, and enforcement. You will learn how to use litigation funding as a tool to achieve your litigation objectives, and how to avoid common pitfalls or mistakes.

Some of the common challenges or pitfalls in litigation include lack of resources, cash flow constraints, adverse costs exposure, uncertainty of outcome, and lengthy proceedings. The event will address how litigation funding can help you overcome these challenges or pitfalls by providing financial support, risk sharing, expertise, and strategic guidance.

Yes, the event will discuss recent case law or legal developments that may impact litigation strategies, such as the enforceability of funding agreements, disclosure obligations, privilege issues, conflicts of interest, funder control, and recovery of costs. You will learn how to adapt your litigation strategies to the evolving legal landscape and ensure compliance with applicable laws and regulations.

Yes, the event will provide resources or reference materials that can be accessed after the event. You will receive a link to download the event slides, recordings, transcripts, and handouts. You will also receive a certificate of attendance and a feedback form.

Yes, the event is suitable for both experienced litigators and those new to litigation. The event will cover both the fundamentals and the advanced aspects of litigation funding. Whether you are a seasoned litigator or a novice in this field, you will find something valuable and relevant in this event.

Yes, the event will touch on alternative dispute resolution methods, such as mediation or arbitration. You will learn how litigation funding can be used in conjunction with these methods to facilitate settlement or resolution of disputes. You will also learn how to deal with potential issues or challenges that may arise when using litigation funding in alternative dispute resolution contexts.

No, there are no recommended prerequisites or prior knowledge required to attend the event. The event is designed to be accessible and informative for anyone interested in learning more about litigation funding.

If you are unable to attend the live session, you can still access the event materials or recordings by registering for the event. You will receive an email with a link to access the event materials or recordings after the event. You can also contact us at any time if you have any questions or issues.

Yes, the event will provide practical examples or case studies to illustrate key points. You will hear from real-life litigators who have used litigation funding in their cases, and how they achieved successful outcomes. You will also see examples of funding agreements, due diligence reports, budgets, and other documents that are relevant to litigation funding.

Litigation Financing: LegalPay follows a strict due diligence process before funding any case. Our initial review will be based on the information you provide over the phone/email regarding your client's case. Additional information and supporting documentation may be required by our team to arrive at a concrete decision. Interim Financing: Once your client acknowledges the invoice raised by you, we require a few documents from the client such as bank statement, PAN card, etc. Post our diligence and review, we clear your invoice instantly while provide no-cost EMI payment plan to your client.

LegalPay wants to create a world in which finance will never be a barrier to justice. LegalPay, through its two products - Litigation Financing and Embedded Financing, provides a way to litigants to alleviate their burden of legal costs and transfer them onto LegalPay. By doing so, the litigants do not have to worry about paying your fees, court fees, and any other fees.

Only information that you're comfortable sharing may be provided to LegalPay before signing NDA. Once NDA is signed, we may require additional information from you or your client to proceed with our diligence. LegalPay is committed to protecting the privacy and confidentiality of information.

No, LegalPay does not have any rights to manage, interfere with, or influence with the timeline of the case. Settlement strategy and decision over the case remain in the claimant's control.

We are passive investors in your client's case and the same does not affect the lawyer-client privilege. We do not request access to lawyer-client privileged collaterals.

LegalPay Max is the new payment option for paying legal and professional expenses available to all your credit worthy clients . By choosing to pay through LegalPay Max, the clients are essentially delaying the payment by 3 months while ensuring you get paid instantly. Thus, ensuring more clients and, consequently, higher revenue to you.

Legalpay is India’s largest legal financing player that provides an easier and faster way to finance legal expenses through its proprietary technology. As of now, Legalpay has provided financing to more than 50 businesses translating to a total of USD ~195 million claims under management.

LegalPay provides two kinds of financing: 1) Litigation Financing: We fund commercial disputes and help businesses alleviate the costs and risks of fighting disputes in exchange for a pre-decided cut from the potential recovery. This is non-recourse funding, implying that LegalPay only gets a cut in case the litigation wins the case. 2) Embedded Financing: We allow businesses to spread their legal and professional expenses across a pre-agreed timeframe for no extra cost. This is basically done by giving a virtual line of credit, allowing businesses to draw down funds when needed.

Anyone and everyone can approach LegalPay to finance their legal expenses. However, the decision to fund and the amount to fund is up to the discretion of LegalPay's extensive due diligence process.

There is no cost to get started with LegalPay. LegalPay provides its services completely free of charge

Absolutely, yes. We provide financing to all types of companies irrespective of their domicile. Do not hesitate to reach out to us in case of any further questions.

Disputes are inevitable for any business, no matter how big or small. Why to put in your time, effort, and money in chasing disputes, when you can let LegalPay take care of it with no additional burden.

In simple words, litigation financing is the practice where a third party (LegalPay) unrelated to the lawsuit provides capital to a party involved in litigation, in return for a pre-agreed cut of any financial recovery from the lawsuit.

If you're a lawyer and want to avail litigation financing for one of your client, reach out to us at case@legalpay.in. If you're a plaintiff and want to get litigation financing for your dispute, you can signup on our platform and submit your case for review.

LegalPay assists in funding meritorious commercial claims at all stages of litigation, including but not limited to: 1) Contractual disputes 2) Founder investor disputes 3) Intellectual property disputes 4) Banking and insurance disputes 5) Cross border disputes 6) Class action suits

LegalPay does not have any minimum/maximum ticket size. As long as the case is meritorious and qualifies for funding, LegalPay is happy to provide support.

LegalPay's funding can be used for following purposes including but not limited to: 1) Lawyers fees 2) Court fees 3) Witness fees 4) Stamp duty 5) OPE expenses

Absolutely not. LegalPay does not manage, interfere, or influence the case in any manner whatsoever. Settlement

LegalPay follows a three-step due diligence process: 1) Legal diligence: Case must have strong legal merits. Legal merits means a sound basis for the case and a clear understanding of the claim value. Further, we also take into account the estimated time to resolution. 2) Financial diligence: Defendants must have strong financial viability and should be well-capitalized with an ability to pay damages awarded as a result of the litigation. 3) Operational diligence: The case must be represented by experienced and competent lawyer with strong track record of success in the related legal area.

LegalPay reviews all the cases it receives within 48 hours. If a case is accepted for review, your team may be contacted for additional information. If we decide to move ahead with the case, we will issue a funding agreement. After the terms are accepted, LegalPay will deploy capital whenever and wherever required as per the pre-agreed thesis.

LegalPay Max is a Pay Later product that allows businesses to spread their legal and professional expenses across a pre-agreed timeframe for no extra cost.

We have onboarded more than 4,000 legal professionals on our platform. You can either avail legal services of such legal professionals onboarded on our platform or let us know the name of your legal professional so that we can onboard them.

Any Indian resident/business who has a bank account, PAN card and Aadhar card can avail LegalPay's Pay Later solution. Not having prior credit history is not a limiting factor since we also underwrite new-to-credit customers. However, please note that the approval of credit line is subject to financial underwriting of our lending partners.

Our process is 100% digital with a completely paperless journey. Our team assess applications within 24 hours and are able to approve over 70% of applicants. You can then choose to pay your legal bills using your credit limit.

We provide flexible repayment options to our customers. You can pay using our EMI plans that go up to 12 months.

We provide a host of channels such as net banking, debit card, UPI, etc. to pay legal professionals on our platform. Alternatively, you can clear your legal bills using LegalPay Max that allows you to divide your bills in no-cost EMIs that go up to 12 months. Further, we will send timely notifications/messages reminding you of the due amount so that you never forget to repay on time.

In case you are not able to repay on time, the interest amount keeps getting accrued on your outstanding amount, impacting your credit score adversely. Hence, we advise you to borrow only when you have the capacity to repay.