The firm of Addleshaw Goddard has long been a proponent of third-party litigation finance, having used it to support clients in an array of diverse jurisdictions. Now they are launching a tailored set of solutions for clients, encompassing third-party funding, damage-based agreements, conditional fee agreements, and after the event insurance.
Addleshaw Goddard explains that this expansion promises to be of specific interests to:
- Those seeking to share risk when filing or defending a claim
- Parties seeking impartial advice and guidance on funding options
- Firms new to funding that need to better understand available options
- Funders looking to develop new ways to structure funding agreements
Consulting with funding experts should be an essential part of due diligence on both sides of a litigation conflict, as it combines expertise from finance, litigation, commercial business, and funding. Mark Molyneux, Head of Litigation, states that this fully rounded approach is exactly what’s most needed in the market.
Addleshaw joins a growing list of law firms that are expanding into the lucrative litigation funding market.
