In legal finance, much of the discussion centres on the capital: how much is committed and how will it be deployed. Too little attention is paid to the phase where outcomes are ultimately determined: enforcement.
In practice, enforcement of judgments and arbitral awards is rarely linear. It is complex, often globe‑spanning, and typically unfolds over years rather than months. Strategies evolve, counterparties adapt, and assets move. The realities of post‑judgment recovery demand not only capital, but endurance, expertise, and a disciplined strategic mindset over time.
This is where legal finance partnerships are truly tested.
A non‑recourse funding relationship does not end with a favourable award or judgment. In many matters, it is enforcement that determines whether a legal right is converted into a recoverable asset. That requires more than capital deployed at signing. It requires capital that remains available, aligned, and patient throughout the life of the recovery process,