Frequently asked questions (FAQ)
Q: Does legal finance from ALFA impact control over my case?
A: No, ALFA does not take control over your case. Our role is to provide financial support and strategic insights based on our AI-driven analysis, but the control and decision-making authority remain with you and your legal team. We aim to empower you with the resources needed to pursue your case effectively while respecting your autonomy.
Q: Are the documents I share with ALFA considered work product and protected by attorney-client privilege?
A: Yes, any documents shared with ALFA during the funding application process are treated as confidential and are considered work product. We adhere to strict confidentiality protocols to ensure your information is protected. Our priority is to maintain the integrity and privacy of your legal matters.
Q: What is ALFA's investment criteria for funding litigation cases?
A: ALFA respects the confidentiality of our funding arrangements. We do not disclose the specifics of our funding agreements to third parties. Our priority is to protect your privacy and the strategic details of your case.
Q: What is ALFA's investment criteria for funding litigation cases?
A: ALFA funds a wide range of litigation areas, including commercial litigation, personal injury, employment litigation, class actions, environmental litigation, financial litigation, and intellectual property disputes. To qualify, a case must demonstrate a high probability of success, and the potential award or settlement amount should be significantly greater than the amount we invest. Our AI-driven evaluation process ensures we select cases with strong merits and significant financial potential.
Q: What do I need to secure funding from ALFA?
A: The time frame for making a funding decision can vary depending on the complexity of the case and the completeness of the information provided. Typically, our initial review and AI analysis are completed within a few days. The entire process, including underwriting and final decision-making, usually takes between two to four weeks.
Q: How long does it take for ALFA to make a funding decision?
A: After a positive funding decision is made and the necessary documentation is signed, funds are typically disbursed within a few days. We strive to ensure a quick and efficient transfer to support your immediate litigation needs.
Q: Once a funding decision is reached, how long does it take to receive the funds?
A: After a positive funding decision is made and the necessary documentation is signed, funds are typically disbursed within a few days. We strive to ensure a quick and efficient transfer to support your immediate litigation needs.
Q: Will I receive the funding amount all at once, or is it distributed over time?
A: The disbursement of funds depends on the specific needs of your case and the agreed terms. In most instances, the funds will be distributed in stages based on the litigation timeline and milestones.
Q: How can the funds provided by ALFA be used?
A: The funds provided by ALFA can be used to cover various litigation-related expenses, including legal fees, court costs, expert witness fees, and other necessary expenditures to support your case. Our goal is to ensure you have the financial resources to pursue your case effectively.
Q: What happens after ALFA provides financing for my case?
A: After financing is provided, ALFA continues to monitor case progress. We ask law firms we work with to provide a monthly report on the hours spent on the case, and to update the document repository with new materials as they are available. Our AI technology continually analyzes new developments. We remain engaged until the case is resolved and payments have been received.
Q: What do I need to secure financing from ALFA?
A: To secure financing from ALFA, you need to provide comprehensive information about your case, including detailed briefs, legal arguments, and relevant documentation. This enables our AI and underwriting teams to conduct an in-depth analysis and make an informed funding decision.
If you have further questions or need additional information, please feel free to contact us. Our team is here to assist you at every step of the litigation funding process.
Need Litigation Funding?
You Deserve Answers!
Got a strong case? You deserve an answer as to whether your case is financeable. Reliable legal financing is just a few clicks away. ALFA is a non-recourse (you never owe anything back) litigation financier for a wide variety of cases. ALFA provides fast, flexible financing options that will work for you!