Third-Party Litigation Funding Helps Address Attorney ‚ÄúBad Behavior‚ÄĚ
For Immediate Release
Plaintiffs who choose to seek third-party funding for legal disputes less likely to encounter un-ethical attorneys than others
April 25, 2014
In recent years, reputable sources have published articles describing attorneys behaving unethically.¬† Most recently, an editorial in The New York Times discussed lawyers committing outright theft against their clients.¬† This disturbingly common trend is one that lawmakers and bar associations have been slow to address, leaving many New York residents frustrated and distrustful of the city‚Äôs legal processes.
According to the editorial, there have been 577 sanctions ordered in New York State, which has 166,000 lawyers, over the past six years.¬† But they have come distressingly late, if at all. Additionally, courts in different parts of the state handle the same ethics violations exceedingly differently, and people and businesses looking for legal help have no reliable way of knowing whether the attorney they hire has been sanctioned.¬† And, victims do not generally have the opportunity to obtain recourse or mitigate damage that has already been done to their case by a problematic attorney.
One of the primary benefits of utilizing litigation funding services, like those that Amerevision Legal Finance offers, is the fact that they effectively align the attorney‚Äôs interest with those of their client, dramatically reducing the potential for misconduct and shielding the client from the effects of misconduct if it does occur.¬†¬† Examples of misconduct may include overbilling, performing poorly intentionally or committing fraud, making major procedural errors, or co-opting a client‚Äôs winnings.
‚ÄúThere are companies that will finance large-scale litigation efforts on behalf of large corporations,‚ÄĚ says Hezi Torati, CEO and Founder of Amerevision Legal Finance. ‚ÄúOur goal is to empower smaller business owners who need to hire an attorney to litigate, but may not seek or properly vet help due to the time and money it requires, or risks associated with dedicating resources to litigation.‚ÄĚ
Amerevision Capital LLC is based in New York City and provides litigation funding on behalf of persons and small businesses, optimizing its clients‚Äô likelihoods of obtaining expedient and favorable outcomes and maximizing their awards or savings.¬† It was founded in 2011 by Hezi Torati, who has successfully pioneered several innovative and varied niche models of financing in the United States and internationally.
For Press Inquires contact:¬†¬†¬†¬†¬†¬†¬†¬†¬† Mia A. Logan ¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬† The Amerevision Group LLC¬† ¬†¬†¬†¬†¬† ¬†email@example.com