Litigation Funding

UK

Disputes are an almost inevitable part of operating in the commercial world, yet they often come with legal costs that some either just cannot afford or would prefer to invest elsewhere. With litigation funding, businesses are able pursue those claims without having the burden of funding them, thereby removing any limitations on access to justice and freeing up capital to invest elsewhere.

Our litigation funding legal practice focuses on clear and practical advice on cost sharing solutions to reduce the costs and risks associated with litigation. From high net-worth individuals through to corporates and insolvency practitioners, we can help to put funding arrangements in place, pitch for funding and evaluate and renegotiate funding packages, utilising our extensive network in the funding and insurance markets.

We have significant experience of obtaining and negotiating funding for claimants and representing defendants against funded claimants, covering both sides of the funding coin. Our litigation funding lawyers work with funders, institutional investors and brokers to find funding solutions, as well as providing independent evaluations of funding packages received from elsewhere - ensuring a full view of your options before taking action.

Our team has extensive knowledge of various cost sharing solutions - from conditional fee arrangements and damage based agreements to After the Event insurance and third party litigation funding and finance.

We also help funders and brokers on large and complex funding structures. Our team provides innovative legal advice across funding agreements, from initial drafting through to advising on rights, obligations and termination.

Litigation funding services

Client work

With a broad client base of funders, institutional investors, sovereign wealth funds, commercial, corporate and public sector entities, we advise across a wide range of litigation finance matters. Some of our past work has included:

  • Shareholder actions

    Advising UK and international pension funds, asset managers and sovereign wealth funds on funding and insurance packages offered in respect of UK shareholder actions including those against Tesco, RBS and other financial institutions.

  • Competition claims

    Advising the funder and drafting funding documentation in respect of an opt-out follow-on damages claim in the UK Competition Appeals Tribunal, dealing with ground-breaking legal issues.

  • Arbitration

    Advising a Hong Kong listed corporate on funding and insurance issues relating to an International Centre for Settlement of Investment Disputes (ICSID) arbitration.

  • High net worth individuals

    Creating a suite of litigation funding documents for a high net worth individual wishing to fund litigation on a private basis and negotiating the completion of those documents with the claimant's solicitors.

  • Professional funders

    Advising two market-leading professional funders in relation to the funding of a large group action, including drafting and negotiating the funding documents with the solicitor for the claimants, as well as reviewing and negotiating the corresponding ATE policy.

  • Large group actions

    Advising a potential claimant in relation to its joining of a large group action, providing analysis of the funding documents, highlighting risks generally associated with litigation funding, as well as any atypical and/or onerous provisions.

Awards and accolades

The legal directories and awards consistently recognise us for our commercial litigation work. We were ranked in tier one by The Legal 500 for 'Commercial Litigation: Birmingham' in 2020. In London, we ranked in tier two for 'Commercial Litigation: mid-market'.

Chambers and Partners places the team in band two for its litigation work in the Midlands.

The team was also shortlisted 'Dispute Resolution - Firm of the Year (outside London)' at The Legal 500 UK Awards in 2019 and 'Commercial Litigation Team of the Year' at the Legal Business Awards in 2019.

Contact our team

With extensive knowledge of funding packages and uniquely placed experience, we are one of the go-to law firms offering litigation and arbitration funding. For litigation funding advice, get in touch with a key contact from our team.

Emma Carr
Partner

Alexander Wrixon
Senior Associate

Louise Macdonald
PSL Associate