Additional claim opportunities
Obtaining funding through LLS can allow claimants to bring claims which they might not otherwise have been able to pursue.
Risk mitigation
Funding reduces the financial risks to claimants of taking legal action, as LLS takes on those risks for you. LLS’ funding comes with an indemnity against adverse costs risk and includes coverage for security for costs. The funding is also non-recourse, meaning claimants do not need to reimburse LLS for the funding it has provided if the claim is unsuccessful.
Free up capital to use elsewhere
Having external funding avoids the need for claimants to withhold assets so they are available for legal costs, or to keep ongoing legal expenses on their balance sheets and using up internal budgets, potentially for several years while the claim remains foot. Instead, that capital can be used for your own purposes or to grow your own business while the legal claim progresses in the background.
Expertise and confidence
LLS’ due diligence processes double as an independent review of your claim, providing further confidence in the claim’s merits. LLS also offers additional expertise to support running its funded claims at no additional cost to the claimant. Our Investment Management team are all qualified lawyers with many years’ experience in litigation and disputes, able to work collaboratively with your legal teams to ensure claims are run efficiently and strategically.
Flexible solutions
LLS offers a wide variety of funding types, striving to provide flexible and competitive pricing with multiple structures available depending on your individual needs. More information about LLS’ funding offerings can be found here.
No upfront or monthly costs
LLS does charge for any of its time in reviewing your claim, or supporting the running of your claim once funded. LLS will only recover its costs and obtain its commission where there are successful recoveries from the claim.
