CAN WE GIVE YOU AN ADVANCE OR LOAN AGAINST YOUR CASE?


No. Rule of Professional Conduct 4-1.8(e) specifically provides that a lawyer shall not provide financial assistance to a client in connection with pending or contemplated litigation except that: (1) a lawyer may advance court costs and expenses of litigation, the repayment of which may be contingent on the outcome of the matter; and (2) a lawyer representing an indigent client may pay court costs and expenses of litigation on behalf of the client.


Any attorney who promises to loan you money or make advance payments against your settlement is violating this rule and subjecting himself to discipline by the Florida Bar.


We understand that following a serious accident or death, our clients can experience a financial hardship. Sometimes there is disability or worker’s compensation insurance, but often there is not. Seriously injured people often have to rely upon the help of their family and close friends and similar sources. There are loan companies and investors that will sometimes make a loan or “advance” to someone involved in litigation, but usually that is not a viable alternative, and generally it is an expensive alternative.