As the economic fallout from the COVID-19 pandemic gathers speed, the litigation finance industry is in a position to provide a lifeline, Simon Davenport QC and Daniel Goldblatt, 3 Hare Court, and Sergey Litovchenko, Bivonas Law, write in this week’s NLJ
They explain how lawyers and their clients can best position themselves to apply for and negotiate third party litigation funding. As demand for their services increases, funders are likely to become more discerning and to charge more for their services.
Davenport, Goldblatt and Litovchenko examine what third-party funding involves, how to get it, what the typical costs are, and recount their experience of applications involving Russian and CIS clients.
Read more here.
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