Who is litigation funding for?
For many, litigation funding will be a term regularly associated
with high value disputes and group actions.
Previously viewed as a tool for those involved in the most complex
disputes, access to funding may not have seemed a realistic
possibility for some. However, the tide is changing.
Litigation funding is increasingly being viewed as an
avenue to promoting access to justice across a diverse range of
disputes.
It is true that litigation funding is an opportunity for
investors to make profit, and the obvious hurdle to receiving
litigation funding is having a case regarded as worthwhile for the
investor. In the past, funders will have been particularly
interested in cases of a particular type (in which they have
experience or expertise) and size (those of high value, which are
more likely to result in high return).
