Litigation funding is now a well established business in the Australian legal marketplace. You will regularly see newspaper reports about many significant legal actions that have been underwritten by litigation funders. These funders pay the costs to take an action to hearing and usually pay adverse costs if your case is unsuccessful. ln return litigation funders seek a commercial percentage of the recovery sum from a settlement or court judgment in your favour. lf the claimant loses the case the funder commonly bears the total costs. The funder looks for a return that reflects the risks taken.To move forward you will usually require a well prepared legal brief of the action identifying the nature of the action, an assessment of damages and usually a barrister’s opinion of the merits of the case.Compiling a legal brief is an expensive process and we know that many claimants don’t have the funds to even instruct a lawyer to present their case for funding determination.
Given our experience and connections, we can offer a frank and fast assessment whether your commercial case is likely to receive funding support BEFORE you spend any money. Another reason to contact us.
We are currently supporting a number of clients with litigation funding in Australia, and also overseas. We have extensive experience in funding litigation for commercial matters.
At Litigation Funding Solutions not only are we funding litigation, we also provide assistance with the overall strategy and management of the legal claims that we fund with the goal to maximise the outcome of each legal claim for our client.
Our experience means we can quickly give your matter consideration and determine if your case is appropriate to present for funding litigation.
Litigation funding in Australia is relatively new and is quickly being accepted as a solid strategy for bringing a case forward when the client does not have the means to fund it themselves, or wishes to not lock up working or investment capital.