LEXpense simply solves complex problems plaguing Personal Injury litigation: forecasting, identifying, managing and paying for litigation expenses.
This problem affects both Plaintiffs and Attorneys, often resulting in underfunded cases with less than sterling recovery. LEXpense's automated application process, expeditiously evaluates and forecasts expenses thereby remitting a report to your attorney and determining if you are eligible for a LEXpense Litigation Support Services Contract.
Plaintiffs
Litigation is expensive. The financial burden of litigating your case often comes at an inopportune time and is too much to pay all at once. Your options are a high interest credit card, high-interest predatory cash advance that requires selling / assigning your claim for cash and significantly reduces your ultimate compensation, or taking less than you deserve in a premature settlement.
Law Firms
By paying your client's litigation expenses up-front, you are in effect, making a 0% interest loan. This ties up your operating funds or personal funds; Limits the number of cases that you may bring at any one time; Constrains your legal strategy to your financial limitations; and Forces you to unnecessarily have to decide whether to settle for a minimal amount now or pay still more out of your pocket. If you settle early because you or your client don't have the funding to go forward, you may be leaving money on the negotiation table.
Solution: LEXpense
LEXpense solves both of these problems. Our team is dedicated to utilizing the latest technology, analytics, and strategies creating a tailored Litigation Support Services Contract to facilitate litigation expenses of your case. Our in-depth, industry specific A.I. forecasts your litigation support services requirements and associated expenses, assists you in obtaining funding, and once funding is approved, manages the payment of your litigation expenses.