Litigation funding in Hong Kong
The use of outside capital in the legal industry is becoming increasingly widespread in Hong Kong. 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 Hong Kong. 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, businesses and law firms use legal finance to accelerate a portion of the expected entitlement of pending claims, judgments or awards, providing immediate liquidity. The funder assumes downside risk of loss in exchange for a portion of the ultimate recovery.
From GCs and CFOs to insolvency practitioners and arbitration lawyers, 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
Maximise recoveries for debtors and creditors through insolvency financing
New York
Greg McPolin
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