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System and method for bidding on contingency-based matters

  • US 8,359,241 B2
  • Filed: 04/25/2007
  • Issued: 01/22/2013
  • Est. Priority Date: 04/25/2007
  • Status: Active Grant
First Claim
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1. A method, comprising:

  • enabling, by a computer system operated by an operator, a plurality of clients to post contingency matters for bidding by a plurality of contingency professionals, and enabling a particular client to post a particular contingency matter;

    requiring, by the computer system, the particular client with the particular contingency matter to agree to a third party lien on behalf of the operator on any recovery from the particular contingency matter when obtained by a particular contingency professional referred via the computer system;

    requiring, by the computer system, the particular contingency professional to agree to enforce the third party lien on behalf of the operator on any recovery from the particular contingency matter when the particular contingency professional handles the particular contingency matter;

    requesting, by the computer system, the particular contingency professional to provide professional qualification information to assist with determining contingency matters the particular contingency professional is qualified to handle;

    using the professional qualification information to identify the particular contingency professional as qualified to handle the particular contingency matter;

    enabling, by the computer system, the particular contingency professional to review the particular contingency matter;

    enabling, by the computer system, the particular client and the particular contingency professional to communicate without exchanging direct contact information;

    enabling, by the computer system, the particular contingency professional to bid on the particular contingency matter;

    enabling, by the computer system, the particular client to select the particular contingency professional to handle the particular matter; and

    allowing the exchange of direct contact information of at least one of the particular client and the particular contingency professional to the other only after the particular client agrees to the third party lien and only after the particular contingency professional agrees to enforce the third party lien.

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