How to Account for Third-Party Litigation Funding at a Plaintiff Law Firm in 2026: The 9-Step Workflow That Keeps Advances Off Your Revenue Line
Litigation funding has moved from exotic to routine at plaintiff firms, and most books still handle it badly. Funder advances are not revenue, case-cost draws are not firm income, and repayment out of settlement is not an expense. Here is the nine-step accounting workflow that keeps funded cases clean through the ledger, the trust account, and the distribution statement.