Funding has always been a great distress for a lot of lawyers, especially those who are taking a solo path on their careers. Litigation funding is one way to take care of it.
Litigation funding is known for a lot of names: legal financing, settlement funding, third party funding, and professional funding. This type of financing enables another company to take care of the litigation expenses in exchange for a few percent share upon settlement or judgment. This mechanism is currently common in a lot of law jurisdictions.