Seeking justice in the legal system requires access to capital that many people may not have. However, this company is taking a one-of-a-kind approach to financing litigation. Meet LexShares, a mid-market litigation finance firm that provides funding for commercial lawsuits through a dedicated fund and online marketplace.
Technology continues to make investing more widely accessible, and LexShares’ platform provides a unique way for investors to fund commercial lawsuits. Both individual accredited investors and institutional investors are able to invest in commercial cases, providing capital to plaintiffs in return for a portion of any potential monetary recovery. The capital provided through these third-party investors can pay for things such as attorney fees, expert witness fees, and major court expenses. This funding method makes access to legal justice more attainable for smaller clients while providing investors with access to assets in a largely untapped market.
With their unique business model, LexShares required a financial institution with innovative practices to meet their banking needs. Through previous successful client relationships, Atlantic Capital was recommended as a viable solution. “This dynamic relationship began through another good client referral,” says John Seeds, Atlantic Capital’s Senior Vice President, Private Capital Solutions team lead. Through their new partnership, Atlantic Capital provided LexShares with treasury services and a structured product to fund case originations.
“The team at Atlantic Capital Bank has always demonstrated an ability to flexibly support our growth and to creatively address our strategic goals,” notes Cayse Llorens, LexShares’ Chief Executive Officer. “Professionalism and reliability are evident at every touchpoint. Atlantic Capital is a true partner.”
Atlantic Capital’s partnership with LexShares has proven to be worthwhile for both parties. “The relationship is vibrant because of their attention to solid growth initiatives, and it is highly valued relative to their naturally good interaction skills where they treat us as an important financial partner,” mentions Seeds. With a combined 70 years of experience investing in litigation, and over 1 million cases evaluated, LexShares has found a creative way to provide greater capital access to deserving litigants and, for investors, a compelling and largely uncorrelated alternative asset class.
To learn more about LexShares, visit their website.
To learn more about how Atlantic Capital’s innovative solutions can help your business grow, visit our website.