WE BUY CERTAIN LEGAL CLAIMS AND LAWSUITS WHEN YOU CANNOT AFFORD TO HIRE LAWYERS ON AN HOURLY BASIS AND CANNOT FIND AN ATTORNEY TO TAKE YOUR CASE ON A CONTINGENCY BASIS.
THANK YOU FOR VISITING OUR WEBSITE. IF YOU HAVE A LEGAL CLAIM BUT CANNOT AFFORD TO HIRE A LAWYER BY THE HOUR, AND ARE HAVING TROUBLE FINDING A LAWYER ON A CONTINGENCY BASIS, WE OFFER AN ALTERNATIVE TO SEE YOUR CLAIM GO FORWARD WITHOUT YOU HAVING TO PAY LEGAL FEES. WE MAKE IT EASY. WE ARE VERY INTERESTED IN TAKING ASSIGNMENTS OF CERTAIN VALID LEGAL CLAIMS, AND PURSUING THEM IN OUR NAME TO SETTLEMENT OR TRIAL AND JUDGMENT, PROVIDING THAT WE CAN COME TO A WRITTEN AGREEMENT WITH YOU REGARDING AN ASSIGNMENT OF YOUR LEGAL CLAIM AND THE COMPENSATION YOU WILL RECEIVE. AN ASSIGNMENT TO US OF YOUR LEGAL CLAIM MAY BE AN ATTRACTIVE OPTION FOR YOU, AND YOU WILL NOT LIKELY FIND THIS TYPE OF DEAL ANYWHERE ELSE. WE WILL BE HAPPY TO DISCUSS THIS OPTION IN FURTHER DETAIL WITH YOU. THANK YOU FOR YOUR INTEREST AND CONSIDERATION.
If you have a legal claim you want to pursue, which is properly to be filed in California (the contract or activity happened in California or the defendant is located or resides in California), but cannot afford to hire lawyers on an hourly basis, and have been unable to find a lawyer who will take your case on a contingency basis, keep reading because help may be on the way.
Under California law, most legal claims can be assigned to third parties who in effect assume ownership and all rights to the legal claims. Unfortunately, claims that involve personal injury such as accidents and pain and suffering, defamation or emotional distress claims are personal in nature and under the law cannot be assigned. On most claims that can be assigned, as the assignee we can then file a lawsuit under our name as if we were the original claimholder, and pursue the claim to settlement or trial and judgment, including pursuing any appeals, no matter how long it takes. The legal claim can be all kinds, for example a contract or promise that was breached, a loan that was never repaid, or damages resulting from someone defrauding you of money or property.
Under the rules of the Bar, lawyers may not be allowed to take claim assignments. This is because lawyers assume a fiduciary responsibility in advising clients on legal matters. If lawyers can snatch legal claims from clients seeking help, and take such claims for themselves, that could lead to situations where the lawyer takes advantage of persons they are supposed to be advising, to the detriment of the rights of those clients. While lawyers can take cases on a contingency basis, where they agree not to charge hourly legal fees but get up to 40% of any winnings, they are prohibited from taking assignments of claims from parties.
There are businesses that acquire certain claims and then raise funds to hire lawyers to pursue the claims because as businesses they are required under the law to hire lawyers to pursue their claims. For economic reasons as a result of having to pay lawyers by the hour, most of those businesses are usually only going to be interested in claims that are worth high six figures or more, with an exception in the case of personal injury claims. Why then can AssignClaim.com take claim assignments, worth as little as $35,000 to $75,000, and pursue them to settlement or trial and judgment without having to hire lawyers by the hour? The principal at AssignClaim.com is not practicing law as a licensed attorney, is not subject to the rules of the Bar or the obligations under the fiduciary duties of practicing lawyers. The principal at AssignClaim.com, Alex, has over 37 years of litigation experience and success, and loves taking on large and powerful companies, law firms and individuals in the pursuit of justice. And he can do so without having to hire a lawyer on an hourly basis, which can be a huge advantage, especially for claims that are under $100,000. Alex attended one of the leading Ivy League business and law schools, and studied both business and law. He has experience in complex business litigation and taking on large and powerful companies or individuals, including billionaires and some of the largest corporations and law firms in the world. The types of claims and areas that Alex has been involved in include breach of contract, fraud and deceit, unfair competition law, product liability, California lemon law, breach of fiduciary duty, antitrust law, bankruptcy law, intellectual property, real estate law, securities law, personal injury, medical malpractice, entertainment law, and RICO. While past experience is no guarantee of future results, all legal claims or lawsuits Alex has been involved in over the last 37 years have been successfully resolved in his favor.
We will gladly take case assignments that have values over $100,000. The higher the value the more interested we are. However, there are less of those types of cases available, and most valid high value cases have an easier time finding a law firm that agrees to take the case on a contingency basis. We are only interested in cases that have been rejected by contingency lawyers.
Excluding personal injury claims, it is difficult to find lawyers on a contingency basis for some claims that are worth under $100,000. Time is money for lawyers, and they lose other opportunities to be compensated by the hour when they agree to spend hours on contingency litigation that may not succeed. Since they take more risks on a contingency where they get nothing if they lose, they want higher returns if they win than just hourly rates in order to compensate for the risks. That is why most contingency lawyers have a minimum value of a claim before they will consider taking a case on contingency. If they spend $50,000 of time on a case, and win a judgment of $50,000, they generally can take up to a maximum of a 40% contingency rate, which would amount to taking only $20,000 for their effort. In this example, since they have spent $50,000 of time and received only $20,000 as their contingency fee, they have lost $30,000 in that situation. Many cases require more than $100,000 of legal time if the matter goes to trial. For that reason, many law firms and attorneys will not take a case unless it has a minimum value of high six figures, and in the case of the top contingency law firms, they require a minimum case value in the millions.
If you wish us to consider taking your claim and pursuing it to settlement or trial and judgment, please provide some information on your claim, when it arose, who the parties are, how much your damages are, where the claim arose, and what kind of evidence you have to support your claim, and we will get back to you if we are interested to discuss it further.
If we come to an agreement, we will take an assignment of your claim and pursue it to settlement or trial and judgment in our name. You will not be named as a plaintiff, and for the most part you will not be involved in the litigation. We will advance all out of pocket costs. During any litigation, you may have to supply some documents or give a deposition on your claim if the defendant requests so during discovery. We will have a written agreement documenting the assignment, and the compensation you will receive for assigning the claim.
We invite you to send the further information requested above on your claim to [email protected]. We look forward to reviewing your matter, and hope that we can be of help to you. Please do not submit any claims for review unless you have already approached at least two contingency lawyers on your claim and have been rejected by them. We understand why you may not be able or willing to pay a lawyer by the hour, especially if the claim is under $100,000, but we highly encourage you to first seek contingency lawyers before coming to us. Remember that all legal claims have a deadline to take action known as the statute of limitations, typically anywhere from two to four years for many claims, after the claim has arisen, and lawsuits must be filed before those statute of limitations expire or you can lose the right to pursue or assign your claim.
Thanks!
Alex
Frequently Asked Questions
What is the difference between an assignment of a claim and a contingency arrangement?
In a contingency arrangement, an attorney generally agrees to pursue your claim on your behalf without charging you an hourly fee. If the attorney successfully wins a settlement or judgment for you, the attorney will receive an agreed upon percentage of the winnings, usually after first deducting the costs of the litigation . If there are no winnings, you may not have to pay anything. You own the claim, are the named plaintiff, and you make the key decisions on issues such as whether and how much to settle for or whether to go to trial.
In an assignment, you assign your legal claim to someone else to pursue, essentially selling your claim. You no longer own the claim, the claim is filed in the name of the new owner, and all decisions about pursuing the claim, such as how it is litigated, and whether or not to accept any offered settlements, are made by the new owner. You receive compensation as agreed upon between you and the new owner.
What kind of legal claims can be assigned to you?
We are interested in taking assignments of certain valid legal claims, particularly those that are properly filed in California or involve defendants located or residing in California. These claims can include breaches of contract or promises, unpaid loans, or damages resulting from fraud or violations of statutes.
Can all types of legal claims be assigned?
While most claims can be assigned, not all types of legal claims can be assigned. Claims that involve personal injury, such as accidents and pain and suffering, defamation, or emotional distress are personal in nature and cannot be assigned under the law.
Why can you take claim assignments when most lawyers cannot?
We can take claim assignments and acquire your claims because the principal at AssignClaim.com does not practice law as a licensed attorney or on your behalf, and therefore is not subject to the rules of the Bar or fiduciary duties as all attorneys are. This allows us to acquire lawsuits in our name.
What experience do you have in litigation?
The principal has over 37 years of litigation experience and success, including taking on large and powerful companies or individuals, including billionaires and some of the largest corporations in the world and some of the most powerful law firms in the world. The types of claims and areas that the principal has been involved in include breach of contract, fraud and deceit, unfair competition law, product liability, California lemon law, breach of fiduciary duty, antitrust law, bankruptcy law, intellectual property, real estate law, securities law, personal injury, medical malpractice, entertainment law, and RICO. All cases the principal has been involved in have been successfully resolved in the principal’s favor.
What is the process for assigning a claim to you?
If you wish to assign your claim to us, please provide information on your claim, including when it arose, the parties involved, the amount of damages, where the claim arose, and any evidence you have to support your claim. We will review this information and contact you if we are interested in discussing it further.
How will the litigation process work if we come to an agreement?
If we agree to take your claim, you will assign it to us for compensation, and we will pursue it to settlement or trial and judgment in our name. You will not be named as a plaintiff and will not be involved in the litigation for the most part or have any decision making authority over how we decide to pursue the lawsuit. However, you may need to supply documents or give a deposition if the defendant requests it during discovery. We will advance all out-of-pocket costs, and we will have a written agreement documenting the assignment and its terms.
Can you dismiss the claim if it becomes non-viable?
Yes, if at any time we deem the claim to no longer be viable due to any or no reason, including a change in law, newly discovered facts that hurt chances of a successful outcome, or any other reason, we reserve the right to dismiss the action and reassign the claim back to you.
What should I do before approaching you?
We highly encourage you to first seek contingency lawyers before coming to us. Please ensure you have already approached at least two contingency lawyers and have been rejected by them before submitting your claim for review by us.
Are there any deadlines I should be aware of?
Yes, all legal claims have a deadline to take action known as the statute of limitations, typically ranging from two to four years after the claim has arisen. Lawsuits must be filed before these statute of limitations expire, or you can lose the right to pursue or assign your claim.
Thanks!