Last month, The Milestone Foundation surpassed $6 million in pre-settlement advances, all of which were provided with low, simple interest. With 850 plaintiffs advanced and 320 law firm partners, these numbers reflect the growing demand for ethical litigation funding and the trust we’ve earned within the legal community. Many attorneys say they exclusively refer
BUFFALO, N.Y. – The Milestone Charitable Foundation, a non-profit organization dedicated to supporting plaintiffs and their families during litigation, is thrilled to announce Rachel McCarthy as its executive director. McCarthy brings with her more than a decade of legal experience, including previously serving as the Foundation’s executive director from 2017-2020. “The Milestone Foundation is
Dear Friends, As we look back on the past year, we are deeply grateful for the support and collaboration that continue to drive The Milestone Foundation’s mission forward. We remain dedicated to providing fair and ethical funding to plaintiffs in need. Since our founding in 2016, we have received over 2,100 applications, each representing
The Consumer Litigation Funding Act: Empowering Consumers and Promoting Fairness The Senate's recent approval of the Consumer Litigation Funding Act (S4146B) is a major step toward protecting consumers involved in litigation funding. Sponsored by Senator Cooney, this pivotal legislation seeks to regulate the consumer litigation funding industry in New York State, promoting transparency, fairness,
The True Cost of Consumer Litigation Funding: Payday Loans Versus Nonrecourse Funding “When you need money, you don’t care how much it will cost” is a sentiment shared by many plaintiffs in their search for pre-settlement funding. Knowing they will have incoming settlement funds that are not yet accessible can be particularly stressful– especially
The following article was contributed to Litigation Finance Journal by Julia DiCristofaro, program administrator at The Milestone Foundation. “I have a good client who is in need of pre-settlement funding, which I almost always advise against. But she is desperate, and this case will settle soon. Do you think you can help?” As program
In the pre-settlement funding world, a non-recourse advance only needs to be repaid if and when a plaintiff obtains a settlement. But when miscommunications occur, it’s possible that funding can go unpaid, and what happens then? Law360 published a story about an Ohio attorney who is now facing legal repercussions after failing to notify
As a national nonprofit based in Buffalo, NY, The Milestone Foundation is committed to building meaningful relationships with attorneys and related organizations around the country. Thus, we jumped at the opportunity to attend the inaugural Impact Litigation Funders Symposium in February 2023. This symposium was held directly before the Impact Fund’s annual Class Action
The Milestone Foundation began 2023 by celebrating the humanitarian efforts of a group of outstanding attorneys. Honorees were awarded our inaugural Compassionate Counsel Award in Miami, FL, at our Cocktail for a Cause event. We are grateful for the support from our attendees and sponsors, as this celebration would not have been possible without them.
World Cancer Day is February 4. The day acknowledges the heartache and triumph of cancer survivors across the globe, and its slogan close the care gap aims to diminish the inequalities of patient care across the world. This campaign specifically highlights the differences in prognoses and treatments across one’s county, ethnicity, gender, and socioeconomic
