Andrew Brown, our commercial disputes expert, is featured in an article on litigation funding for SmallBusiness.co.uk.
The legal world is evolving. Now, hiring a lawyer doesn’t have to be about them billing you as they go along, implementing the strategy they developed, without any risk to them if it doesn’t work out.
Recently, there’s been a surge in third party, or litigation, funding. This means that a financier – usually a large hedge fund – who has no investment in the proceedings, funds the cost of pursuing your claim, in return for a share of the winnings.
In his piece for SmallBusiness.co.uk, Andrew offers five reasons that SMEs might want to look at litigation funding – looking at high-levels cases and analysing common trends.