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" ... Legal funding is a relatively new financing option for plaintiffs involved in lawsuits as well as the attorneys representing them on a contingency fee basis. There are many different terms used interchangeably for legal funding, including third-party financing, litigation funding, lawsuit settlement funding, presettlement financing, post-settlement funding, lawsuit loans and litigation finance. The list goes on and on. However, for simplicity's sake, we're going to stick with “legal funding” throughout the rest of this article. ... "