Litigation Funding, Scotland

Are you a business owner or self-employed individual facing a dispute with a business partner, supplier or anyone else involved in your business? Don’t let it escalate and consume your time and resources. Jones Whyte are here to help you find a resolution, without the expense and hassle of litigation.

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Litigation Funding

Litigation can be expensive. This can discourage people from taking action if funding is needed up front, or if the success of litigation isn’t guaranteed.

This is where litigation funding can help. But what is litigation funding?

Litigation funding is where a third party pays for the costs of your claim. In return for doing so, the funder will usually want a proportion of the proceeds if the case is successful. 

If your claim is unsuccessful then the funder won’t get anything. It is a good way of ensuring that cases, in which you might not have the resources to run, are able to proceed.

At Jones Whyte, we help our clients find and use litigation funding in the UK.

Applying For Litigation Funding

Litigation funding can take the risk out of litigation.

At Jones Whyte, our litigation funding experts help you find litigation funding options and negotiate with your funder to arrive at the most suitable arrangement. The arrangement will usually involve your funder recovering a percentage of your damages if your claim is successful, or a multiple of the amount of money advanced by them. Additionally, there are disclosure requirements for financial assistance in civil proceedings, particularly regarding the disclosure of a financial interest in the outcome of the proceedings by litigation funders.

Demonstrating financial resources to cover legal costs and any potential adverse costs is crucial in group proceedings.

a Solicitor Addressing Debts And Liabilities In Scottish Estates

Changes To Litigation Funding

At Jones Whyte, we pride ourselves on always remaining apprised of developments in the law, and we make a point of keeping our clients updated when we are running their cases.

In 2017, the rules on litigation funding in Scotland changed. There are now increased funding options, as well as greater predictability in the costs of funding. 

The changes include:

  • The introduction of sliding caps for success fee arrangements in personal injury and civil actions.
  • The allowance of damages-based agreements.
  • The introduction of qualified one-way costs for personal injury cases and appeals.
  • The introduction of a multi-party action procedure in Scotland.

Contact Jones Whyte litigation funding experts today.

Meet the Experts

At Jones Whyte, our experienced legal professionals pride themselves on responding quickly, resolving your needs and providing you with ongoing help and support.

Find your Lawyer

Contact Jones Whyte today

For legal support & help at every stage of your life.

Contact Jones Whyte today to arrange your no-obligation consultation and to start your no-win no-fee accident claim.

info@joneswhyte.co.uk

Other Dispute Services

We understand all of the concerns which come with litigation, including funding. 

That’s why we do all we can to ensure that you get the litigation funding that you need in order to continue with your claim. Once you contact us, we will take our time to discuss all the aspects of your claim with you to establish its prospects of success. 

We can also help with many other types of disputes, including:

Whatever your dispute, we will keep you updated throughout the process. Our solicitors are always transparent, and we take special care to make sure that you are happy at every stage of your claim. 

Frequently Asked Questions

Litigation funding is where a third party pays for the costs of your legal claim in return for a proportion of the proceeds if your case is successful. If your claim is unsuccessful, the funder receives nothing and you don't have to repay the funding. This ensures that cases where you might not have the resources to proceed can still go ahead. Jones Whyte helps clients find and use litigation funding in the UK, making legal action accessible even when upfront costs would otherwise prevent you from pursuing a valid claim.

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