FINANCIAL & LEGAL
Release the cash tied up IN YOUR ONGOING CASES Cash flow solutions from the UKs leading legal Funder, including; disbursement funding, cost advance, high-cost case funding. unknowns and worries it allows lawyers to do a great job for their clients.
Disbursement Funding Facility (DCF) Can be used to fund disbursements and issue fees on an individual file basis including releasing cash tied up in disbursements already incurred releasing up 100% of the external disbursements incurred on each case. We can release cash on dibs already purchased Costs Advance Funding (CAF) This is our most popular product and comparable to invoice discounting and can be used when a law firm has won a case and the bill of costs has been served. VFS will advance funds against the settlement of the expected costs. This enables the firm to negotiate the right settlement and not accept a lower offer just to get the case settled. High Costs Case Funding (HCF) For higher-value cases where there is an admission of liability, VFS can release part of the WIP and disbursements to date. This aids cashflow and is The uncertainty that repaid upon the natural conclusion of the case. surrounds the funding required VFS takes care of the for such complex cases often funding and cash flow leaves firms in a difficult enabling the law firm to do what it does best position when forecasting cash and focus on the case required to run a case or how and achieving the right they compensate for the cases outcome. ■
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egal Clinical Negligence caseloads present challenges for law firms. Expensive disbursements, lengthy settlement times, salaries and overheads present challenges even for the best funded Law firms. Cash flow is the life blood of any firm and VFS have been that lose. the trusted partner of many Clinical Negligence firms for the past 10 years. By proving simple competitive cashflow solutions we increase your financial muscle. We recognise that not every firm have the same requirements and provide tailored made solutions for every firm regardless of size.
FLEXIBLE FUNDING SOLUTIONS ALIGNED TO A CLINICAL NEGLIGENCE FIRM’S CASH FLOW There is a lot of uncertainty and unknowns in running complex brain injury cases. By removing the financial
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To find out more about how we can assist www.vfslegal.com or for an informal chat telephone 0203 747 9333 or email enquiries@vfslegal.com sevenstarmedia.co.uk
