Third party


Litigation funding platform targets wealthy private investors

An online funding platform has recruited 200 high net-worth individuals to back commercial litigation cases in the UK and is employing litigation analytics to support its work.

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Equalities watchdog slams legal aid rules in discrimination cases

Difficulties in obtaining legal aid funding in discrimination law cases has created insurmountable barriers, leading to a denial of justice, new research has found.

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CrowdJustice launches private fundraising platform

Funding platform CrowdJustice has launched a private, invitation-only fundraising tool that it says will allow a broader range of clients to afford legal services.

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Therium’s access to justice fund names first grant recipients

LawWorks and the Personal Support Unit are two of first recipients of grants from Therium Access, the not-for-profit funding initiative from the litigation financier aimed at facilitating access to justice.

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Law firm with litigation fund targets cases worth £15m-plus

Listed City law firm Rosenblatt has outlined the “major market opportunity” it sees in backing clients’ litigation through its own funding subsidiary, particularly those worth £15m or more.

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High Court sidesteps Arkin cap: “Not an automatic rule”

The Arkin cap should not be applied automatically in all cases involving commercial litigation funders, the High Court has ruled in deciding that a funder should be fully liable for a successful party’s costs.

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Burford raises £230m for new post-settlement fund

Burford Capital has raised nearly $300m (£230m) for a new fund aimed solely at post-settlement matters. The funding will be put to “monetising a claimant’s settlement and other associated legal receivables”.

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Litigation funder harnesses AI to screen lower-value claims

A litigation funder launched this week is to use artificial intelligence to carry out a risk analysis of the small to medium-sized claims it intends to back.

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