Litigation Funding - Understanding the strategies and attitudes of Corporate UK

After the event insurance, third party funding and conditional fee arrangements are relatively new phenomena designed to provide more financial certainty in a dispute. But, what awareness is there of the strategies which can help businesses reduce the financial exposure they face; what is the market's experience of them; how likely are they to be adopted?

This Report answers these and other questions on the basis of a comprehensive study of the FTSE350.

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Click here to download a copy of the full report.


The key findings are:

• The cost of litigation is the greatest concern in any dispute.

• In-house lawyers are not sufficiently aware of the various funding options or how to apply them.

• Lawyers need more education about the various funding options.

• Commercial contracts for products and services are the most contentious areas.

• After The Event Insurance is potentially an attractive proposition, with just over 1/3 saying they would use ATE if no premium had to be paid.

• The financial value of a case determines whether or not a business enters into litigation.

• Relatively few people have used third party funding.