Said differently, without financing plaintiffs have two choices: They can either sell 100% of their case (settle the claim)  at a price the defendant sets, usually for pennies on the dollar or they can wait the years it takes on average for a case to resolve, all the while trying to overcome the physical and emotional damage from the accident (which includes second and third-order consequences, such as injuries that prevent someone from working). Enter financing. It enables a plaintiff to sell a small percentage of the future proceeds of their case to one of many competing funders, typically to pay for living expenses such as rent and food, while they wait for a fair offer to sell the rest of their case to the defendant.

https://blog.mighty.com/missed-ny-posts-takedown-lawsuit-funding/