Actionable Litigation Insights

The facts that decide the credit, independently established.

JurRisk underwrites the firm, the attorneys, the underlying litigation, and the market surrounding all three, then delivers fact-driven, materially relevant findings built to withstand credit committees, examiners, LPs, and auditors.

100%
Underwriting by licensed attorneys
Every engagement is underwritten, and every report signed, by licensed attorneys with decades inside contingent-fee practice.
$750MM+
Originated and deployed to contingent-fee law firms
Capital our Principals have collectively originated, structured, and managed in credit facilities to plaintiff-side firms.
35+ yrs
Combined legal lending experience
Three Principal and Managing Underwriting Counsel spanning origination, capital structure, funder counsel, and settlement administration.
10+ yrs
Relationships across the contingent-fee bar
A decade-plus of direct relationships with plaintiff-side firms, used to source, screen, and submit qualified borrower firms to lenders.
Third-Party Due Diligence Report
Confidential – Sample Work Product
Executive Summary

J. Lyman Stone & Associates

$2.5MM Line of Credit
Prepared for: [LENDER] | Prepared by: JurRisk LLC | Cases reviewed: 11
DealQuick Look
$23.6MM
Independent value estimate
4.5×
Downside fee coverage
63.6%
Docket with offers extended
Personal Guarantor[Founding Partner]
Collateral (Attorney Fees)$14.5MM → $30MM
Case ProfileCatastrophic PI, Med-Mal, Wrongful Death
Risks
  • Collateral concentrated in the top four valued cases
  • Key-man reliance on the founding partner
  • Longer-tail settlement timelines
Mitigating Factors
  • Existing offers set a 4.5× floor in downside
  • Offers extended on 63.6% of docket to date
  • Founder poses bona fide trial threat
Investment Thesis

The Firm provides [LENDER] with a highly collateralized, selectively curated docket anchored by $23.6MM in current settlement offers (~$11.2MM in fee collateral, 4.5× coverage). Downside protection is paired with upside from trial-ready leadership, punitive exposure, and deep insurance backing across multiple catastrophic cases.

Recommendation
Fund at Requested Amount
Confidential – Sample Work ProductPage 3 of 39
Sample | Due Diligence Report, 39 pp., 7 exhibits. Read the sample →

Underwriting layers

01

Firm

Economics, capacity, and controls

02

Attorneys

Judgment, record, and conduct

03

Litigation

Merits, posture, and duration

04

Market

Venue, defendants, and liquidity

The intake

Sixty-four documents go in. One defensible mark comes out.

Banks and funds cannot move to a term sheet without the full request list: entity documents, three years of firm financials, the complete case inventory, lien searches, and the facility mechanics behind all of it. JurRisk ingests the entire submission, verifies it against independent sources, and distills it to the figures that decide the credit.

8 categories · 64 individual requests · 39 pp. out

FIRM DATA / MULTI-FORMAT INTAKE64 REQUESTS
XLSX
SFTP
Financial statements
RECEIVEDXLSX
PDF
EMAIL
Tax returns
RECEIVEDPDF
CSV
PORTAL
Case-level docket
RECEIVEDCSV
DOCX
DATA ROOM
Status reports
RECEIVEDDOCX
ZIP
PORTAL
Retainers
RECEIVEDZIP
HIGH-VOLUME INTAKEPDF · XLSX · DOCX · CSV · ZIP
LAWYER IN THE LOOP™ATTORNEY REVIEW
01NORMALIZE65,861 ROWS
02VERIFYSOURCED
03SCREENICP FIT
INITIAL QUALIFICATIONPASS / ICP FIT
Pre-approval requirements met
SUGGESTED NEXT STEPTERM SHEET →
A standard bank request list: 8 categories, 64 individual requests. The report is what remains.

The translation

Lenders should not have to learn the law to lend against it.

The request list alone runs to sixty-four items: three years of financial statements, firm and personal tax returns, case-level detail across the docket, good-standing certificates, signed client retainers, status reports. No two firms answer it the same way: each organizes its case and financial data to its own convention, so every submission arrives in its own formats, through its own channels, on its own calendar.

Collection is only the beginning. Bankers, private equity professionals, and specialty lenders must still get up to speed on the complex layers of litigation, sectors that take years to fully comprehend. JurRisk's Senior Underwriters are attorneys who spent decades inside firms operating on contingent-fee revenue. They read the law so the credit committee reads four lenses.

The requests are standard. The submissions never are. The drift is where deals are lost.

Method. Underwriting is performed exclusively by attorneys with decades inside contingent-fee practice. The four lenses are what a credit decision turns on.

The function

The precedent exists in every mature asset class.

Capital allocators in every mature asset class rely on independent valuation: appraisers in real estate, rating agencies in structured credit, third-party marks in mortgage servicing. Capital exposed to contingency-fee legal assets has had no equivalent. Values are typically set by the firm's own case estimates or the investor's internal judgment, and neither withstands scrutiny from examiners, LPs, or auditors.

Who we serve

Different instruments. The same underlying risk.

Bank lenders
  • Advancing against case inventories and fee receivables, with collateral values and LTV that must hold up to credit committees and examiners.
Litigation funders
  • Underwriting single cases or portfolios, with marks that must hold up to LPs and auditors.
Investors
  • Taking positions in fee streams, firm economics, and litigation outcomes, with exposure that must be measured before it is taken.

Engagements

EngagementScopeDeliverable
01 / Due Diligence & ValuationPre-commitment underwriting of a law firm or case portfolioDue Diligence Report with Independent Value Estimate
02 / Portfolio SurveillanceRecurring revaluation of an existing asset poolRecurring Surveillance Report and Mark File
03 / Targeted ReviewsEvent-driven analysis of a specific asset, attorney, or situationTargeted Review Memorandum
04 / OriginationSourcing, screening, and submitting borrower firms to lenders and banksScreened Borrower Submission Package
05 / Pipeline ConstructionBuy-box definition and funnel design for lender business developmentBuy-Box Criteria and Dealflow Strategy
Scope, cadence, and fee structure are set per engagement.

Every engagement produces a written, defensible analysis. The scope changes; the standard does not.