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Litigation funding matures

Third-party backing is no longer just for David vs Goliath legal battles, explains Patrick Walsh

11 April 2017

The dispute funding industry is growing, with more options for claimants than ever before. However, there are some important factors to consider before leveraging this tool for your firm and your clients.

About five years ago, it is more than likely that funders were approaching you with a finance tool for your clients. This still occurs, but increasingly, as funding becomes more mainstream, clients are approaching funders and brokers directly.

It is important to consider this shift closely for a number of reasons – the main reason being that the relationship has changed. It is now in your interests to have relationships with funders and brokers. They can bring work to you.

Charlie Lightfoot, a partner at Jenner & Block, describes this relationship as a ‘two-way street’. ‘It’s not just me who brings opp...

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