If your firm wishes to purchase a mass tort case, Leaders in Mass Torts has options to suit your logistic capabilities and resources. No matter which you choose, we will have done the preliminary legwork for you: identifying trending cases, chasing leads, advertising, and qualifying and signing clients. We offer an off-the-shelf case, ready to go—no assembly required.
What you do from there depends on your goals and capacity. You can acquire a mass tort as either a sole counsel or a co-counsel.
Purchasing a case as a sole counsel is exactly what it sounds like. You buy the case from us in a simple transaction and take it from there. This option costs more upfront than buying as a co-counsel, but you will also recoup 100% of the attorneys’ fees from any settlement—which, with mass torts, can potentially be very lucrative.
On the other hand, purchasing as sole counsel requires not only a greater investment but taking on more risk. As you know, mass tort cases are already a high-risk, high-reward venture in almost every case. They often take a long time to reach a settlement, and there is no guarantee that a transferee judge will not dismiss the case or rule against you in summary judgment. This option is usually best for firms that have deep resources and infrastructure to see mass tort cases through to completion.
Buying as a co-counsel costs less on the front-end, and Leaders in Mass Torts will be there to assist you as the point of contact for your clients, handling initial intake and evaluating qualifying criteria. Depending on what works best for your firm, we can further split the workload from there and take on aspects of mass tort cases that you do not feel as though you have the capabilities or desire to deal with. As a co-counsel, we will split the eventual attorneys’ fees from a settlement with you.
This, of course, means less risk for your firm, as your initial investment is lower. You will also have assistance as you move the case forward. This option is often ideal for firms that are newer to mass torts or that lack access to the vast reserves of capital it can take to scale up institutional capacity and prosecute a case to a resolution.
You know better than anyone else what your firm has the capability to handle. Our job is to make the process as seamless as possible. At Leaders in Mass Torts, we want to be a one-stop shop for all of your firm’s mass-tort needs.
If you have questions, we are happy to provide answers and discuss the best options for your firm. Contact us today to learn more about our co-counsel and sole counsel acquisition purchasing plans. Call us at 855-MASS-TORT.