Opinion

How Can Civil Litigation Be Funded?

The justice system is there for anyone to seek redress for something illegal or to try and resolve a legal dispute, but it can be very costly. Not everyone qualifies for legal aid or has the funds to pay for legal representation in court, so civil litigation funding is a way that allows many to go to court to try and resolve a conflict.

What Is Civil Litigation?

Civil litigation is a legal process for dealing with any non-criminal matters. This can be anything from personal injury or employment disputes to issues with property or contracts. It is a legal dispute between two or more parties, who may be a company or an individual, and is sometimes called dispute resolution.

The claimant is the person making the claim against the defendant, from whom they are trying to get compensation or some other resolution.

Meeting the Cost

Civil litigation can be funded in a number of ways – public funding and legal aid, on an hourly rate basis, for a fixed fee and insurance. It may also be covered by a conditional fee agreement, which is similar to a ‘no-win, no-fee’ arrangement, through a third party or even crowdfunding.

What Is Litigation Funding?

Litigation funding is when a third party covers the cost of bringing a civil case to court. Last year, the government brought in the Litigation Funding Agreements Bill to try and promote access to justice for all. Litigation funding has allowed claimants to seek redress over things such as unequal pay and unfair dismissal.

It can be provided privately through commercial funders and firms such as //www.novo-modo.co.uk/litigation-funding, which provide expert funding and advice.

Recently, the Civil Justice Council called for ‘light-touch’ regulation of litigation funding, which is self-regulated.

Each Case Is Different

Every civil case is different, so claimants need to go for the best funding option for them. There are many cases which funders may be prepared to fund, but particularly those which are commercial, are seeking monetary damages and are likely to succeed.

Joe Hammonds

Hi, I am Joe; I am an entrepreneur, father, mentor, and adventurer passionate about life.

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