Resolving disputes, whether through litigation or alternative dispute resolution (ADR), can be expensive. It is also often an unbudgeted expense. Our lawyers can create funding packages tailored to your specific needs in order to alleviate the financial risk of litigation, free up cash flow and provide the most cost effective solution.

Contingent fee arrangements

Litigation can be funded by contingent fee arrangements including conditional fee arrangements or CFAs and damages based agreements or DBAs often known as “no win no fee” or “no win some fee” agreements. The legal costs payable under these agreements can be either wholly or partially contingent on success. A CFA involves payment of a percentage uplift over and above the lawyers normal charges, known as a success fee, and a DBA provides for the lawyer to be paid a percentage of the recoveries.

Third party funding

Third party funding may also be available in return for either a percentage of the recovery or a return on their investment.

After the event insurance

The risk of having to pay the other side’s legal costs may also be insured through after the event insurance (ATE). This is an insurance policy taken out after litigation is contemplated to insure against the risk of having to pay the other side’s costs. It can also cover the expense or disbursements of the litigation process. If you have pre-existing before the event insurance this may also be harnessed.

Contingent funding often involves a “success fee” which is not recoverable from the other side. The same applies to any sums payable to third party funders and after the event insurance premiums.

We work with clients to provide a detailed comparative analysis of the outcome of litigation where alternative funding is deployed so that clients can make an informed choice as to how best to fund their claim.

Alternative Litigation Funding and Insurance news

What Clients Say
  • Juliet Schalker is a powerhouse. Her team covers the full range of dispute resolution work and does so to an extremely high standard.

    The Legal 500 UK 2023
  • Juliet has a sharp mind but is very client focused and also empathetic. She goes the extra mile.

    The Legal 500 UK 2023
  • Juliet is extremely responsive, knowledgeable and technically and commercially astute. She has a great understanding of the industry and clients love her. We have a number of mutual clients who also hold her in high regard.

    The Legal 500 UK 2023
  • They are all hard-working, commercial and pragmatic lawyers who go the extra mile for clients. The firm has a good collegiate culture and a modern settlement-focused approach to litigation.

    The Legal 500 UK 2023
  • Alex Neale is a fantastic lawyer. Great to work with and always puts in the extra effort for clients. He is very capable and conscientious and is excellent at settling disputes.

    The Legal 500 UK 2023
  • Debenhams Ottaway are a very professional and long established firm.

    The Legal 500 UK 2022
  • Constructive and concise explanations, friendly and helpful advice at every turn – we are truly grateful for the help you have given us.

    Client
  • The entire service from start to finish was excellent, from the initial phone enquiry to the provision of notes from the solicitor, the whole process was faultless, professional, courteous, high standard from the beginning to the end. I cant recommend this firm enough, truly supportive, helpful and understanding.

    Client
  • Kept us informed all the way through the process from start to finish and were very happy with the resolution. Thank you.

    Client
  • Ease of contact and very professional in all aspects of the service. Highly recommended.

    Client