HOW TO RETAIN COSTS CONTROL AND REDUCE EXPOSURE IN THE LITIGATION MARKETPLACE

The Changing Landscape

The legal costs and expenses of litigation are one of the foremost concerns of any party involved in a dispute. Payment of the day-to-day legal costs, and the potential legal costs to which you will be exposed if you lose, can greatly influence the dispute resolution strategy you adopt. Or whether you even bring a claim or defend a claim at all.

The English Courts have been concerned for some time over the mounting costs to which parties are exposed in litigation. High legal costs can prevent access to justice, even for those cases with good prospects of success. In an effort to combat this, the Courts have made changes to the ways in which litigation can be funded. If you have a good case, these recent changes can be of real benefit to you, by giving more certainty over the financial exposure you face across the full range of possible results.

New Options

By adopting the right litigation funding model, you can reduce the day-to-day cost of running your dispute. In addition you can reduce, or eliminate entirely, the amount you have to pay in costs and expenses (including opponents’ costs) if you lose. In an arena full of uncertain risks, at last there is a way in which we can help to put you, our client, back in control.

The Solution

The ability to reduce financial risk is effected through sharing or transferring some of the risk to Addleshaw Goddard, to insurers, or to specialist third party litigation funders with no connection to the claim or its management.

Our litigation funding package offers an integrated solution that will help you to retain control of litigation costs and reduce the financial exposure you face.