Post settlement funding is a method to access ones verdict cash before the distribution of the compensation cash. Post settlement funding companies provide money to a plaintiff, which will be somewhat lesser than the verdict amount.

Post settlement funding provides non-recourse funding for attorneys and/or their clients based on the settled case. The funding company buys the fee at a discount and makes their money from this discount when the fee is paid a few months later. Post settlement funding procedure is simple and fast compared to Pre Settlement Funding procedure, in which advance funds are provided anticipating the verdict to be in favor of the client.

Post settlement funding is mainly done for fees that will be collected in less than 12 months, but many companies provide post settlement funding for a much longer period, even for two or more years. Unlike pre settlement funding, post settlement funding does not affect settlement incentives, since the settlement is already final. Most post settlement funding companies provide funds in all compensation cases. In post settlement funding the money can be spent at the plaintiffs own will, which is almost impossible in pre settlement funding, where companies will restrict items on which money can be spent.

Post settlement funding is useful to attorneys who will get their fee soon after the verdict, minimizing the time lag and attorney-client issues, and also for clients who need money in emergency to overcome their debt or for medical treatment. Unlike pre settlement funding, which is still illegal in some states like Ohio, post settlement funding is legal and can be carried out in any state. Funding companies are not keen on post settlement funding because of the low commission they earn from this settlement as a result of reduction in risk factor, compared to pre settlement funding.