Shepherd and Wedderburn is at the forefront of funded litigation and supports people and businesses in identifying new assets and pursuing existing claims. Our innovative approaches regularly see us act in ground-breaking funded litigation matters.
Do you have a case which may be appropriate for third party funding? Fill out the form below or contact our funded litigation expert, Partner Ben Pilbrow, here.
A funded dispute is when a third party funder agrees to pay some or all of the legal costs associated with a claim.
Funding will typically cover the funded party’s legal fees and expenses incurred in claiming, and is generally on a no win, no fee basis. For a company involved in litigation or arbitration, it also offers opportunities to manage risk and monetise assets.
Not every potential claimant can afford legal proceedings. In principle, third party funding allows anyone, not just those who can afford it, to pursue legal action where it is warranted.
It is now also commonly used by parties who could otherwise afford litigation, because of the specific benefits it affords including the non-recourse nature and the accounting treatment of the costs.
Our services
Shepherd and Wedderburn’s involvement with third party funding reaches back to its very inception. Our early and continued position at the forefront of the funded disputes market is what sets us apart from other law firms in the marketplace.
We can assist you in:
- drafting, negotiating, and structuring the funding deals;
- liaising with the third party funders and insurers (with whom we have well-established existing relationships);
- representing claims before the appropriate authorities; and
- identifying potential litigation assets.
Litigation funding series: Part 1
Our litigation funding experts Partner Ben Pilbrow and Director Laura McMillan have put together a great explainer of this sometimes vital litigation avenue.
Litigation funding series: Part 2
Partner Ben Pilbrow and Director Laura McMillan provide a run down on how to secure litigation funding and how to improve your chances of funding success.
Contact our expert lawyers below
First UK100 law firm to offer a multi-million-pound litigation finance portfolio
Shepherd and Wedderburn was the first UK100 law firm to offer a multi-million-pound litigation finance portfolio under an arrangement with a leading global finance firm focused on the law.
Representing the first party to make use of third party funding in a claim before the Competition Appeals Tribunal
We represented the first party ever to make use of third party funding in a claim before the Competition Appeals Tribunal. Our experience and knowledge of funded disputes, in all their forms, and our close relationship with members of the Association of Litigation Funders, means we are in an unrivalled position to address your funding needs.
