If you, a family member or a friend is caught-up in a lengthy, Legal Battle did you know that you or they could apply for Litigation Funding? In fact, anyone who can access the legal system could be eligible for litigation funding which can be used in a variety of legal proceedings such as Alternative dispute resolution proceedings, Enforcement proceedings, Personal injury claims and Ordinary courts. This specialist funding can be used to help people and businesses by providing financial relief by covering legal expenses or allowing them to pursue legal claims without having to pay upfront costs. One of the more common uses of Litigation Funding is in the “No win, No fee” agreements, or properly known as Conditional Fee Agreements, (CFAs). This type of agreement allows the legal team to charge the Client a reduced fee if the case is unsuccessful. However, if the case is successful, the full hourly rate is payable plus an agreed amount of “success fee” is applied.
Alleviating the financial burdens that often accompany legal disputes, Litigation Funding could be the life-line you need to help you stay afloat in the choppy waters of legal battles and the complicated jargon that goes along with that. Helping you navigate the complexities of the legal system by offering flexible and tailored financial solutions, so that you, your family member or friend can pursue a legal claim or cover the costs associated with an award.
