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 to 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
The increasing costs of initiating domestic and international arbitration and litigation has led to an inevitable growth in funded cases. We can help you to put funding in place or advise on the suitability of funding packages.
We offer (subject to criteria) alternative funding arrangements such as conditional fee agreements or damages based agreements. When combined with ATE cover these arrangements can help to mitigate risk and spread the cost of litigation.
Most class and collective actions have several different groups presenting different options that are often complex and overwhelming. Taking into account the risks, costs, and any onerous terms, we help you to understand the differences between funding packages and identify the best package for you.
We assist with third party funding arrangements across a wide range of disputes including commercial disputes, insolvency, intellectual property, and arbitration. We have extensive experience in helping with applications for funders' review, the preliminary due diligence and negotiation of terms of agreement, and compliance with funding terms. Our services cover the arrangement of single case funding and portfolio funding.
We have extensive experience and unique knowledge of funding packages and how they work. We aim to provide clear, independent and pragmatic advice to ensure you understand the key risks and feasibility of funding packages for single claims.
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:
Advising pension funds, asset managers and sovereign wealth funds on funding and insurance packages offered in respect of UK shareholder actions including those against Tesco and RBS.
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.
Advising a Hong Kong Special Administrative Region of China listed corporate on funding and insurance issues relating to an International Centre for Settlement of Investment Disputes (ICSID) arbitration.
Creating a suite of litigation funding documents for a high net worth individual and negotiating the completion of those documents with the claimant's solicitors.
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.
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.
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 litigation funding law firms. For litigation funding advice, get in touch with a key contact from our team.