Third Party Funding In Arbitration: Ben Knowles And Nick Rowles-Davies In Conversation

In our 6th 1/3LY Ben Knowles, co-chair of Clyde & Co's Global Arbitration Group, discussed the status of third party funding in arbitration with Nick Rowles-Davies now of Chancery Capital. Following recent developments in the funding market and Nick's professional career, Ben took the opportunity to catch up with Nick and share thoughts on the current state-of-play.

Ben: In our previous interview, you felt that there was insufficient awareness of the benefits and processes of third party funding amongst potential users and that this was an issue to be addressed. Do you feel that progress has been made in the last 12-18 months?

Nick: Most litigators are now aware of litigation finance and they have their own – often too narrow - view of what it can do. The basic facets of third party funding are known to most litigators, however that is of course only a very small part of litigation finance. The fact that it is now regularly discussed with end clients at the outset