This portfolio facility covers litigation and arbitration matters in any jurisdictions around the world for which Lewis Baach is prepared to act on a contingency fee basis, and where Woodsford’s funding is required for the additional disbursements.
This type of portfolio facility enables entrepreneurial law firms like Lewis Baach to:
• Seek out and pursue meritorious claims that might otherwise flounder due to cost, knowing that if the firm likes a case enough to take a significant contingent risk on fees, Woodsford will pick up the additional litigation expenses.
• Offer their clients a one-stop arrangement for the funding of high-value litigation and arbitration which, dependent on the level of contingency discount, could involve no up-front costs for the claimant.
• Benefit from synergies of litigation judgment and sensible management when Woodsford’s expertise is utilised to review potential cases for the portfolio, in essence giving the cases an extra level of diligence.
Woodsford’s funding is non-recourse and is spread across a portfolio of diverse matters, meaning Woodsford only gets a return in the event of successful outcomes in one or all cases within the portfolio. The relationship between Woodsford and Lewis Baach has only been strengthened by this global portfolio financing facility and has been successful thus far for everyone involved.