SYSTEM AND METHOD FOR BIDDING ON CONTINGENCY-BASED MATTERS
First Claim
1. A method comprising:
- enabling a client to post a contingency matter on a website managed by an operator;
requesting that the client agree to an operator lien, the operator lien being contingent on an outcome of the contingency matter;
enabling a contingency professional to bid on the contingency matter;
requesting that the contingency professional agree to enforce the operator lien before payment to the client of any proceeds received from the contingency matter; and
enabling the client to select the contingency professional to handle the contingency matter.
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Accused Products
Abstract
A system comprises a web server for posting matters of clients for bidding by contingency professionals, e.g., contingency lawyers and/or judgment collectors; a client matter engine for enabling a particular client to post a particular matter and to select a particular contingency professional bidding on the particular matter to handle the particular matter; a professional bidding engine for enabling the particular contingency professional to review at least a portion of the posted matters and to bid on the particular matter; and a bidding exchange engine for enabling the particular client and the particular contingency professional to communicate without exchanging direct contact information.
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Citations
24 Claims
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1. A method comprising:
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enabling a client to post a contingency matter on a website managed by an operator; requesting that the client agree to an operator lien, the operator lien being contingent on an outcome of the contingency matter; enabling a contingency professional to bid on the contingency matter; requesting that the contingency professional agree to enforce the operator lien before payment to the client of any proceeds received from the contingency matter; and enabling the client to select the contingency professional to handle the contingency matter. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A system comprising:
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a client matter engine for enabling a client to post a contingency matter on a website managed by an operator and for enabling the client to select a particular contingency professional to handle the contingency matter from a set of bidding contingency professionals; means for requiring that the client agree to an operator lien to the benefit of the operators the operator lien being contingent on an outcome of the contingency matter; a bidding engine for enabling the particular contingency professional to bid on the contingency matter; and means for requiring that the particular contingency professional agree to enforce the operator lien before payment to the client of any proceeds received from the contingency matter. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
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Specification