Funding Commercial Litigation and Disputes at Blake Morgan
If you are bringing a claim against an individual or company, Blake Morgan can offer you a number of different solutions for funding your litigation as an alternative to the traditional pay-as-you-go hourly rates.
Obtaining litigation funding from a third party can reduce your risk and expense of bringing a claim.
Alternatively, or in addition to, litigation funding, we are also able to offer “no-win no-fee” conditional fee agreements (CFA’s) for our fees in suitable cases. We also offer hybrid part-funded CFAs, where our clients pay a discounted hourly rate and the balance shall only be recoverable in the event of a win.
Main Areas Of Practice
We have significant experience of working with individuals and companies under Conditional Fee Agreements ("CFAs") and obtaining litigation funding for clients.
We have strong relationships with several litigation funders who we can approach on your behalf to obtain funding. Our main areas of practice are shareholder disputes, contractual disputes, professional negligence claims and insolvency claims.
Conditional Fee Agreements or "no-win no-fee agreements"
If your case is successful, you pay a success fee or uplift to our basic charges. If the case is unsuccessful and you have a 100% CFAs, you do not have to pay our fees. You'd still have to pay court fees, experts' and counsel's fees.
Third Party Litigation Funding
Funding from a third party "funder" pays third party costs upfront including court fees, expert fees, insurance cover and counsel's fees. It can also pay some or all of our fees if we agree a partial, say 50/50, CFA. Interest and a success fee is usually payable to the funder if your claim is successful. Litigation funding reduces or avoid the costs of paying upfront to bring a claim. It therefore transfers some or all of your risk in bringing a claim and reduces monthly cash flow demands.
Insurance
You should always check your insurance policy to find out if you already have insurance in place to cover legal fees. After the Event Insurance is also available after the dispute arises. It protects against your liability to pay your opponent's legal costs if your claim is unsuccessful. As panel members for various insurer clients, we may be able to act for you under any legal expenses insurance policy.
Related Expertise
Our Clients
We have helped a wide variety of clients obtain litigation funding: our clients include individuals, professionals, SME’s and large corporates based both in the UK and abroad.
Highlights
Supporting Documents
Litigation Funding Guide
DownloadBM Insights
Our Public Sector Insights webinar on Thursday 12 December will focus on data protection and information governance.
Read MoreAre you ready for the change in procurement? To help, we are running a our series of webinars on the subject. In this webinar on Thursday 5 December, the focus...
Read MoreArticles
Back in May 2024, we reported on the formal Consultation on sweeping changes to the Rules and procedures regarding Privy Council cases. The Response to the Consultation has now been...
Read MoreArticles
Dynamic or surge pricing is the practice of adjusting the price of a product in response to consumer demand for it. In the UK it is most often used for...
Read MoreArticles
Having heard the appeal in March 2023, the Supreme Court handed down its judgment on 2 July 2024, some 16 months later, marking an end to the long-standing litigation of...
Read MoreArticles
The recent ex tempore judgment of His Honour Judge Mithani KC in Conway v Conway & Anor [2024] EW Misc 19 (CC), serves as a timely reminder of the importance...
Read MoreNeed Advice?
Call 023 8090 8090
Or Fill in The Form
Our Experts are here to help