Woodsford is a founder member of the Association of Litigation Funders of England and Wales (ALF), the body dedicated to promoting best practice in the litigation finance industry and campaigning to improve the use and application of litigation finance. The ALF was instrumental in drafting the Code of Conduct, published by the Civil Justice Council in 2011.
By working with a member of the ALF, firms and individuals accessing litigation finance are assured that they will find an organisation that meets the high-quality standards that should define this industry. The Code of Conduct sets out the standards by which all Funder Members of the ALF must abide. This includes rules relating to capital adequacy, the specific, limited circumstances in which funders may be permitted to withdraw from a case, and the way in which the roles of financers, litigants and their lawyers should be kept separate.
Woodsford’s COO, Jonathan Barnes, is a board member of the ALF.