Balance Legal Capital is a member of the Association of Litigation Funders of England & Wales and is a signatory to the self-regulatory body's Code of Conduct.
Established in 2017, Balance's litigation funding business invests in commercial disputes at all stages of the litigation and arbitration process.
Set-up by former Herbert Smith Freehills lawyer, Robert Rothkopf, Balance Legal boasts an impressive team of legal professionals with considerable expertise and knowledge of commercial litigation and litigation funding generally.
This includes Herbert Smith Freehills former senior partner, litigator Lord David Gold (dubbed the "the King of Litigation") and former Freshfields managing partner and ex-global disputes head Ian Terry as two heavyweight members of Balance's investment committee.
PROS OF BALANCE LEGAL CAPITAL
Lawyer-focused funding service with enhanced understanding of the process
Streamlined and agile team help make funding decisions quickly and efficiently
Balance provide competitive terms tailored to the objectives of the client
Balance cover a broad range of disputes including:
shareholder and partnership disputes
intellectual property disputes
real estate disputes
insolvency and restructuring
competition and follow-on damages
Due diligence carried out in-house to enable quick and efficient decision making
Legal costs paid on a monthly basis
Balance's expertise and support may be provided if requested by client
Litigation finance usually provided on a non-recourse basis meaning Balance only earn a return if a claim is resolved successfully.
KEY POINTS TO CONSIDER
Claim must have a strong prospect of success
Provable damages must be at least £3 million
Likely costs to full adjudication do not exceed 10% of provable damages (i.e. if damages awarded at trial are £5 million, the legal costs to fund the litigation must be estimated not to exceed £500,000)
Balance's return is generally calculated as a proportion of any proceeds ultimately recovered and is based on the risk-profile and likely duration of the claim.
Balance do not interfere with the conduct of the case or make decisions about whether to settle the claim
Ranked in Chambers and Partners UK Guide 2019as a "group of very high-calibre lawyers who are impressive and efficient to deal with"
If you'd like further information on Balance Legal Capital or would like us to connect you to their funding team to obtain the most competitive rates, please contact us below.