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ARTICLE · 31 OCTOBER 2024

A Guide To Litigation Finance: How Does Litigation Funding Work In The UK?

Gowling WLG
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Legal disputes can be costly, which often deters businesses from pursing valid legal claims. Litigation funding offers a solution, covering the legal costs so that companies can focus on pursuing valid legal claims rather than the financial strain.

United KingdomLitigation, Mediation & Arbitration
Emma Carr
Emma Carr
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An introduction to litigation funding

Legal disputes can be costly, which often deters businesses from pursing valid legal claims. Litigation funding offers a solution, covering the legal costs so that companies can focus on pursuing valid legal claims rather than the financial strain. From start-ups to large corporations, litigation funding allows businesses to manage risks without diverting capital away from their core operations.

Once illegal in England and Wales, litigation funding is now widely accepted in commercial disputes and arbitration. Courts have consistently upheld the validity of various forms of litigation funding, supporting it as a tool to improve access to justice.

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