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Litigation Finance is Cheaper Than You Might Think!
July 8, 2020 Commercial, Public, Special Features
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Date: Mar 29 2024
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The following was contributed by Matthew Pitchers, Head of Investment Valuation at Augusta Ventures.
I was in conversation the other day with a prospective user of our finance – a law firm who will remain nameless. The conversation was going well, very well in fact, until those seven words came up: “what is it going to cost me?”. I replied that our fee would be based on the higher of a multiple on the funds deployed or a set percentage of damages awarded. After a few seconds of silence which felt like an eternity, the response I got back was “that is very expensive, and I don’t think my client will go for it”.