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Third-party funding is for everyone

More cases than you think lend themselves to third-party funding, says Louis Young

24 March 2015

I am often asked what
type of case lends itself to funding, and many lawyers are surprised by the answer, which is that there are very
few cases that do not lend themselves to funding if it makes commercial sense.

The surprise is understandable, as litigation funders have tended to focus on big-ticket cases, usually with an investment
of several million pounds. Understandably, this has
put some solicitors off even considering this as an option
for their clients.

But it is time to think again about how funding can be used for your firm and its clients.
The market is changing, and funding is moving into the mainstream, with some funders willing to invest as little as £10,000 in a case.

Of course, the usual rules apply – for instance, there
nee...

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