Think you can look at lawsuits and pick a winner? New litigation finance platform Mighty wants you to put your money where your mouth is.

Mighty, which recently announced $5.25 million in funding, is bringing litigation finance to the crowd by offering investors with legal expertise a chance to invest directly in lawsuits. But, to hear CEO Joshua Schwadron tell it, Mighty is very much trying to do well by doing good, which is part of the reason why all plaintiffs must have a personal injury claim. These cases typically involve the “have nots” vs. the “haves.” Many plaintiffs simply don’t have the money to get their day in court — and that’s where Mighty comes in. Mighty provides these people with enough money for living costs and legal fees. If the plaintiff wins, you, as an investor, get a piece of the proceeds; if the plaintiff loses, you lose your money, the plaintiff pays nothing.

Joshua joins me here on ATL today to tell me more of the story behind Mighty, how it is different from other litigation finance platforms (there are several), and how these platforms are going to affect the future of the litigation market.

Zach Abramowitz is a former Biglaw associate and currently CEO and co-founder of ReplyAll. You can follow Zach on Twitter (@zachabramowitz) or reach him by email at zach@replyall.me.