Law firms seizing opportunities in the litigation funding game…
2nd February 2016
Those who read last week’s blog on SBEEA will have noted (we hope!) our suggestion that that firms could seize opportunities to leap into the litigation funding market themselves.
Congratulations, therefore, to Capital Law who became the first law firm in the UK to offer large-scale litigation funding, having created a £50 million investment pot to help its clients pursue litigation.
This innovative move comes not long after FTSE-20 giant BT secured a $45 million deal to fund pending litigation run by the group’s in-house ABS, BT Law.
Both of these demonstrate the pace at which the litigation funding market is evolving and the opportunities it can offer both firms and clients alike. However, neither need venture into the complex market alone – QLP can help! In recent times we have put together a (kaleidoscopic) variety of innovative funding products, so if there is something you and your clients would like, give us a ring…