LitCap Platform Release 3.2.2 Includes Legal Financing Marketplace Upgrades.
Houston, TX (PRWEB) September 16, 2014 -- The LitCap Platform Release 3.2.2 includes new features for investors and attorneys which facilitate case expense financing. The LitCap platform provides attorneys a secure marketplace to easily and efficiently obtain case expense financing on behalf of clients, as needed. With the ever increasing costs of litigation expenses, LitCap provides an alternative form of law firm financing for attorneys whose clients may not always be able to afford to cover all of the costs associated with litigation. Membership is free to qualified lawyers.
New Platform Features for Attorney Members:
*Improved "My Profile" Management:
-Ability to add/manage multiple bank accounts, including Operating accounts.
-Ability to add/manage logins for assistants.
-New and improved "Documents" screen with search bar, sort, and filters to better organize and access case-related documents.
*New feature: "My Notification Settings" - Personalize your notification settings and receive automated emails regarding the status of your cases.
*Improved look and functionality of Attorney/Investor Messaging:
-Send and receive messages directly from the case listing.
- Added "RFQ" (Request for Quote) button to alert Investors.
-Visual indicators of ingoing/outgoing and unread messages.
New Platform Features for Investor Members:
*Improved Investor Marketplace:
-Search and filter tools added, sort and hide columns, make internal case notes, RFQ and case update indicators.
-Hover over attorney name to view stats.
*Improved "My Profile" Management:
-Ability to add/manage multiple bank accounts.
-Ability to add/manage additional logins and assign specific roles and rights to each.
-New feature! "My Notification Settings" - Personalize your notification settings and receive automated emails regarding case status.
*Improved look and functionality of Attorney/Investor Messaging:
-Send and receive messages directly from the case listing.
-Visual indicators of ingoing/outgoing and unread messages.
*New and improved "Documents" screen with search bar, sort, and filters to better organize and access case-related documents.
*Improved Case Report view including case updates.
“The LitCap Platform is a game changer for attorneys to finance their practice,” commented Hugh Jones Plummer, Jr., Managing Director of LitCap. “New features improve the LitCap Marketplace reporting and management, such as improved case listing and case management reporting process for our trial lawyers and investors. Members constantly tell us they wish they had known about the LitCap Marketplace sooner."
Watch an online tour of the LitCap Marketplace now at:
http://litcapital.net/eResources
Mr. Plummer further commented, “Lawyers have been financing their contingent cases the same way for decades, just as it was done when Abraham Lincoln was trying cases, before the telegram, before the car, and before electricity or the internet. Having a platform that mitigates the ability for the big guy to outspend the little guy in litigation, truly brings balance to the civil justice system in the United States. It circumvents the inherent conflict between a lawyer and his contingent client and directly benefits the State Bar IOLTA program in every state where LitCap is used. We believe that LitCap is to case cost financing what Westlaw and Lexis Nexus were to legal research.”
About LitCap:
LitCap is an online marketplace where preeminent attorneys obtain financing for case-related expenses from qualified investors. At LitCap, we believe that your case cost financing should function exactly the same way your contingent fee agreement works with your client. If you are successful you repay the debt, if you are not successful the debt may be forgiven. When your business is contingent based your financing should be also. With LitCap, no periodic or monthly repayments are required. Lawyers repay the loan at the end of their client’s case only if the case is resolved successfully. Take control of your case cost financing today by contacting Aubree Feldmann at LitCap (713) 946-6464
Charles Bedard, Ephor Group, http://www.ephorgroup.com/, +1 (214) 702-6427, [email protected]
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