NLJ this week: Third party funding - a litigation lifeline?

As the economic fallout from the COVID-19 pandemic gathers speed, the litigation finance industry is in a position to provide a lifeline, Simon Davenport QC and Daniel Goldblatt, 3 Hare Court, and Sergey Litovchenko, Bivonas Law, write in this week’s NLJ

They explain how lawyers and their clients can best position themselves to apply for and negotiate third party litigation funding. As demand for their services increases, funders are likely to become more discerning and to charge more for their services.

Davenport, Goldblatt and Litovchenko examine what third-party funding involves, how to get it, what the typical costs are, and recount their experience of applications involving Russian and CIS clients.

MOVERS & SHAKERS

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Gateley Legal—Jack Kelly

Gateley Legal expands Midlands residential development team

Gibson Dunn—Richard Surtees

Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees

Laytons ETL—Alec Cameron

Laytons ETL appoints new partner and head of intellectual property disputes

NEWS

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NLJ this week: Property cases reshape established principles

A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land

NLJ this week: Stress ruling raises the bar for employers

Employers cannot rely on wellbeing services alone to defend workplace stress claims after a High Court decision awarding almost £1m to an overworked employee

NLJ this week: Can Manchesterism revive access to justice?

Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE

NLJ this week: Constitutional conventions tested as power changes hands

The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition

NLJ this week: Lawyers must become product designers

The legal profession is undergoing a fundamental shift from selling services to creating technology-enabled products, according to Professor Luke Mason, Head of School of Law at Regent's University London

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NLJ this week: Third party funding - a litigation lifeline?

MOVERS & SHAKERS

Gateley Legal—Jack Kelly

Gibson Dunn—Richard Surtees

Laytons ETL—Alec Cameron