RD Legal Funding

What RD Legal Funding does

RD Legal Funding, LLC is a U.S.-domiciled, private post-settlement and post-judgment litigation finance company founded in 1998 by Roni Dersovitz, Esq. and headquartered in Cresskill, New Jersey. The firm purchases or advances against post-settlement receivables for contingency-based law firms, plaintiff attorneys, and individual or corporate plaintiffs, addressing the timing gap between legal victories and actual fund distribution caused by court approvals, appeals, structured payouts, probate proceedings, and mass tort claims administration. Its product suite comprises four core offerings: Attorney Fee Acceleration (advancing earned contingency fees), Plaintiff Post-Settlement Funding (advancing settlement awards to plaintiffs), Attorney Line of Credit / Credit Financing (revolving or term credit facilities up to $20 million secured by portfolios of legal receivables), and Structured Settlement Acceleration (lump-sum advances against future installment payments).

The firm's underlying technology is a proprietary underwriting framework specialized for post-settlement legal receivables, evaluating legal position strength, settlement terms, and disbursement timeline rather than relying on traditional credit metrics. This framework supports custom credit facility structuring with terms aligned to individual case-portfolio characteristics. RD Legal reports $468M+ in cumulative collected funding across ~2,500 transactions since inception, operating across all 50 U.S. states and Puerto Rico.

RD Legal's business model is transaction-based, generating revenue from the spread between advance amounts and face value of receivables purchased plus transaction and structuring fees on credit facilities. There are no upfront fees, application fees, points, origination costs, or monthly payments during the waiting period; repayment comes directly from settlement proceeds when received. Distribution occurs through direct phone-based sales (800-565-5177), website inquiry forms, and a network of GTM partnerships with leading trial lawyer associations including TTLA, NTL, GTLA, CAOC, CAALA, Florida Justice Association, and NYSTLA. The company maintains 11-50 employees and operates as a founder-controlled, privately held LLC with no disclosed institutional capital backing.

Name

RD Legal Funding

Legal name

RD Legal Funding, LLC

Website

https://legalfunding.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

RD Legal Funding is a U.S. post-settlement and post-judgment litigation finance firm that purchases or advances against earned legal fees and settlement awards for contingency-based law firms, plaintiff attorneys, and plaintiffs facing delayed distributions across all 50 states.

Ownership category

akta.pro rank

Product category

Litigation Finance

NAICS

Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Legal Collections & Litigation Support (Judgments, Garnishments) (FSAKAJAD)

akta.pro secondary industries

Structured Settlement Annuities (FSAIACAJ), Legal Collections Support (Pre-Lit, Litigation Admin, Judgment Recovery) (BPAAAEAH)

Keywords

• Litigation finance
• Post-settlement funding
• Attorney fee acceleration
• Legal receivables financing
• Structured settlement funding

Headquarters

HQ city

Cresskill

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Post-Settlement/Judgment Funding Advances: RD Legal purchases unpaid settlement receivables or advances funds against earned legal fees. Repayment occurs directly from settlement proceeds when received. No monthly payments, interest, or principal due during waiting period. Revenue derived from transaction fees and the spread between advance amount and face value of receivable.
2. Law Firm Credit Facilities: Revolving or term credit facilities extended to law firms secured by their portfolio of post-settlement/judgment receivables. Facility sizes up to $20 million, structured around portfolio value. Customized terms aligned with firm's operational needs and case distribution timelines.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

RD Legal Funding purchases post-settlement and post-judgment receivables and advances funds to attorneys, law firms, and plaintiffs against earned legal fees and settlement awards. The company provides immediate liquidity against legal receivables that are delayed by court approvals, notice periods, appeals, probate proceedings, or administrative claims processes, closing the timing gap between legal victories and actual distribution of funds. Core products include Attorney Fee Acceleration, Plaintiff Post-Settlement Funding, Attorney Lines of Credit (up to $20 million) secured by receivables portfolios, and Structured Settlement Acceleration for installment payouts.

Product overview

RD Legal Funding is a litigation finance company offering a unified suite of post-settlement and post-judgment funding products. The company's core offerings include Attorney Fee Acceleration (advancing earned contingency fees to attorneys), Plaintiff Post-Settlement Funding (advancing settlement awards to plaintiffs), Attorney Line of Credit/Credit Financing (credit facilities for law firms secured by their receivables portfolio), and Structured Settlement Acceleration (lump sum advances against future installment payments). All products focus on closing the timing gap between when settlements or judgments are reached and when funds are actually distributed, addressing delays caused by court approvals, appeals, probate, and claims administration.

Differentiator

Problem solved

Functional benefit

Products and services

• Attorney Fee Acceleration Post-settlement funding product that advances earned contingency fees to attorneys before settlement proceeds are distributed, enabling law firms to access working capital without waiting for court approvals, notice periods, appeals, or probate proceedings. Targeted at contingency-based plaintiff law firms with earned but unpaid fees.
• Plaintiff Post-Settlement Funding Funding product that advances a portion of settlement awards to plaintiffs who have won their case but are waiting for payment due to court approval, appeals, or structured payout schedules. Targeted at individual or corporate plaintiffs with delayed settlements/judgments.
• Attorney Line of Credit (Credit Financing) Revolving or term credit facility extended to law firms, secured by the firm's portfolio of post-settlement receivables, allowing firms to access working capital for operations, new cases, and growth without waiting for distributions. Facility sizes up to $20 million structured around portfolio value with customized terms aligned to firm operational needs.
• Structured Settlement Acceleration Product that advances a lump sum to plaintiffs against future installment payments they are owed from structured settlements, allowing them to access money now rather than waiting years for payments to arrive.

Quantifiable outcome

• Funding decisions in days, capital deployed in weeks
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• The National Trial Lawyers (NTL)coreGTM or Marketing Partner · 22 April 2014RD Legal became an affiliate of The National Trial Lawyers, a professional organization providing networking, advocacy training, and educational programs to trial attorneys. The partnership includes longstanding attendance at Mass Torts Made Perfect conferences, magazine advertising, and mutual promotional activities.
• Texas Trial Lawyers Association (TTLA)coreGTM or Marketing Partner · 24 March 2014RD Legal partnered with TTLA and is recognized as a Business Partner. The partnership enables RD Legal to promote its Fee Acceleration product to the Texas trial attorney community. Texas is the second largest state by population and has the third largest attorney population according to the American Bar Association.
• Georgia Trial Lawyers Association (GTLA)minorGTM or Marketing Partner · 26 February 2014Partnership with GTLA to serve the Georgia plaintiff attorney community with post-settlement funding solutions.
• Consumer Attorneys of CaliforniaminorGTM or Marketing Partner · 25 February 2014Partnership with Consumer Attorneys of California to promote post-settlement funding products to the state's plaintiff attorney community.
• Consumer Attorneys Association of Los Angeles (CAALA)minorGTM or Marketing Partner · 5 February 2014Partnership with CAALA to serve the Los Angeles plaintiff attorney market with post-settlement funding solutions.
• Florida Justice AssociationminorGTM or Marketing Partner · 27 January 2014Partnership with Florida Justice Association to reach Florida trial attorneys with post-settlement fee acceleration products.
• New Jersey State Chamber of CommerceminorGTM or Marketing Partner · 18 November 2013RD Legal joined the New Jersey State Chamber of Commerce for business networking and local business community engagement.
• New York State Trial Lawyers Association (NYSTLA)minorGTM or Marketing Partner · 8 November 2013Partnership with NYSTLA to provide post-settlement funding services to New York trial attorneys and their clients.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Burford Capital: Largest publicly traded litigation finance firm globally; provides commercial litigation and arbitration funding across the full dispute lifecycle. While RD Legal focuses narrowly on post-settlement/judgment receivables, Burford is the dominant capital provider and indirect competitor for the same pool of plaintiff counsel fees.
• Omni Bridgeway: Global litigation funder with portfolios spanning single-case funding, portfolio financing, and judgment enforcement. Comparable to RD Legal on the portfolio-financing and judgment-enforcement products but operates at materially larger scale across multiple jurisdictions.

Direct peers

• USClaims: Post-settlement funding provider offering advances on structured settlements, lottery winnings, and legal case proceeds. Directly competes with RD Legal's Structured Settlement Acceleration and Plaintiff Post-Settlement products.
• LexShares: Online marketplace and direct funder for commercial litigation and class-action investments. Targets plaintiff law firms with portfolio financing and single-matter funding — directly overlapping RD Legal's Attorney Line of Credit and Plaintiff Post-Settlement Funding offerings.
• GLS Capital: Specialty post-settlement and pre-settlement legal funding provider serving plaintiff attorneys and consumers. Closely overlaps RD Legal's core product set with similar underwriting against legal receivables and structured settlements.
• National Legal Funding: Pre-settlement and post-settlement legal funding provider serving plaintiffs and attorneys across multiple U.S. states. Direct product overlap with RD Legal on plaintiff cash advances and attorney fee acceleration.
• LawCash: Post-settlement and pre-settlement consumer litigation funding company. Operates in the same niche of advancing against earned legal fees and pending settlements, with comparable client base of contingency-based plaintiff attorneys.
• WhiteHaven Legal Funding: Direct competitor in post-settlement litigation funding, providing cash advances against pending settlements and judgments for plaintiffs and attorneys nationwide — head-to-head overlap with RD Legal's flagship products.

Emerging players

• Legalist: Algorithmic litigation finance fund that invests in commercial litigation, class actions, and mass torts. Competes for institutional capital deployments in mass tort and class action counsel fee streams that RD Legal also finances.
• Validity Finance: Judgment enforcement and post-judgment recovery funder that purchases defaulted judgments and advances capital to plaintiffs with finalized awards — overlaps the post-judgment slice of RD Legal's portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rd-legal-funding-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RD Legal Funding