8 July 2020
How to Select the Right Litigation Funder
With litigation finance on the rise and continuously taking different forms, it makes sense for lawyers to educate themselves on funding and the numerous finance solutions that are available to their firms and clients. When clients require or may otherwise benefit from litigation finance, it is arguably incumbent upon the lawyer not only to have adequate knowledge of funding and the products available, but also to help the client in deciding which funders to approach and (more importantly) which ones to avoid. In this regard, lawyers should select only reputable and professional litigation finance providers, who are experienced in the practice of dispute resolution.
With many disputes lasting several years, a litigation funding relationship is a long term one between the funder, the claimant and the lawyers, so choosing the right partner is key. With the number of litigation funders on the rise, it isall the more important to know what to look for when choosing a funder, but practical information, such as how lawyers and claimants can differentiate funders, remains hard to find. The aim of this guide is to offer an insider’s view into this topic by explaining important differences between:
• Funder structures
• Funder strategies
• Funder diligence / proposals
• Funder intangibles
Along the way, we will include some sensible suggestions in the form of Insider Insights.
You can download our whitepaper, A Practical Guide to Choosing a Litigation Funder here
For further information, please contact:
Steven Savage, WoodsFord Litigation Funding
ssavage@woodsfordlf.com