Litigation funding in Australia
The use of outside capital in the legal industry is becoming increasingly widespread in Australia. Companies and law firms alike are using litigation funding to conserve their capital and to invest in growth.
The use of outside capital in the legal industry is becoming increasingly widespread in Australia. Companies and law firms alike are using litigation funding to conserve their capital and to invest in growth.
Litigation funding (also called legal finance or litigation finance) is commonly used to remove the costs of pursuing commercial litigation or arbitration, such as legal fees and expenses. Increasingly, companies and law firms use legal finance to accelerate a portion of the expected entitlement of pending claims, judgments, awards or fees. In both cases, a third-party funder assumes downside risk of loss in exchange for a portion of the ultimate recovery. Financing does not impact control, which remains with the client, and it can be provided for a single commercial matter or for multiple matters.
From GCs and CFOs to insolvency practitioners, arbitration lawyers and asset managers, legal and finance professionals across industries as well as law firms are using litigation funding to conserve their capital and to invest in growth.
Read case studies about how companies and law firms use finance to manage legal costs and risk.
Gain greater control over litigation and arbitration budgets
Enhance liquidity without adding debt
Bring innovation to the legal department
Offset the costs of time-consuming arbitration and litigation
Create a systematic approach to pursuing legal recoveries
Maximise recoveries for debtors and creditors through insolvency financing
Our local team has practiced law in Australia and works alongside our global team of lawyers and financial experts
Our team is ranked Band 1 for global arbitration, patent and asset recovery by Chambers and Partners
We perform all diligence in-house and respond quickly and efficiently
In cost-shifting jurisdictions, we offer adverse costs coverage
We are publicly traded on the NYSE and LSE and have the scale to finance matters of any size through resolution