Global Litigation Funding & ATE Insurance Solutions
TheJudge is the world’s leading broker of commercial litigation funding and ATE insurance. Resolving disputes through litigation or arbitration can be a costly process with inherent financial risks and uncertainty attached. TheJudge specialises in sourcing, negotiating and arranging bespoke solutions on the best possible terms to assist with the financing of the legal fees and expenses. In short, we search the market for the client to get the best litigation funding and ATE insurance deals available.
As an established and trusted brand in this specialist sector, we have, during the last financial year alone, brokered insurance policies and funding contracts which have enabled over £12 billion of damages to be pursued. Our services are used and valued by corporate clients, small and medium sized businesses, liquidators and individuals. We are the immediate port of call for many of the global 100 law firms and smaller regional law firms to resolve their clients’ funding requirements.
Our experienced team of brokers can advise on the range of third party funding and After the Event insurance options available for any given case. We have access to more litigation funding capital and litigation insurance capacity than any individual company in the industry and work closely with the constantly developing market of litigation funders and ATE insurance providers to secure the best terms for your case.
Commercial Litigation Funding
Litigation funding or “third party funding” is an essential option to consider when embarking upon any form of litigation or arbitration. It provides cash flow finance as the case progresses in order to fund the legal fees and expenses incurred during the litigation or arbitration process.
This type of funding is typically ‘non-recourse’. In exchange for providing funding, if the case is won, the litigation funder is entitled to reimbursement of its investment plus a success fee. If the case fails, the funder usually loses its investment and receives no success fee.
Litigation funding therefore removes or minimises the financial risks associated with litigation or arbitration and ensures a supply of cash flow to fund legal expenses throughout the proceedings.
Whether or not cash flow is an issue, litigation funding should still be a consideration. Corporate or high net worth litigants routinely seek the support of third party funding to ensure the cost of litigation remains off-balance sheet and therefore relieves pressure on legal budgets.
TheJudge is the leading broker of ATE insurance products in the UK and has been at the forefront of this market since its inception over a decade ago. We deliver the most cutting-edge After the Event insurance policies available for our clients and constantly work to create new and innovative insurance options.
ATE insurance products exist to cover the insured’s exposure to legal costs in the event that the case is unsuccessful. The policies can insure some or all of the policyholder’s own legal fees and expenses, as well as covering the risk of having to pay the opponent’s costs (or ‘adverse costs’), where applicable.
ATE policies arranged by TheJudge are generally structured with premiums which are deferred and contingent upon success, meaning that the policyholder only pays the premium at the end of the case and only if the case is successful. There is no premium to pay if the case is ultimately unsuccessful. Furthermore, in UK litigation, ATE premiums in relation to policies taken out prior to 1st April 2013 can be recovered from the losing party as part of costs.
Securing Competitive Litigation Funding & ATE Insurance
With such a diverse range of litigation funding and After the Event insurance options available, it is a constant challenge for lawyers to be fully aware of the latest products and developments in this fast-moving field.
When engaged to secure funding or insurance, your dedicated broker will make simultaneous submissions to multiple insurance and/or funders that we believe best fit your needs. Our approach increases the chances of securing a suitable deal and, crucially, ensures that any arrangement is as competitively priced as possible.
Working with a specialist broker gives you access to the most up-to-date advice available and ensures that your funding requirements are secured swiftly, efficiently and at the most competitive price available.
Our services as an expert broker do not cost clients a penny but could potentially save millions
Why Choose TheJudge for Litigation Funding and ATE Insurance?
Litigation or arbitration can be one of the most stressful and expensive exercises a party ever undertakes. There is no substitute for experienced and independent support when it comes to arranging litigation funding or ATE Insurance.
Unlike many litigation funding or ATE insurance companies who promote one product exclusively, our unique position as a broker means that we have detailed knowledge of the offerings of the entire market. It is our job to seek out the most suitable options from the market and negotiate with the insurers and funders to ensure the client gets the best deal.
Most importantly, in using TheJudge, you can be assured that our dynamic and proactive approach will be the engine that drives forward the application process and ensures that your litigation funding requirements are met as quickly as possible.
Choice: One application to TheJudge provides access to the most competitive non-recourse litigation funding and ATE insurance products available, a number of which are exclusive to TheJudge. We deliver a comprehensive search of the market tailored to the individual needs of your case so you don’t have to, saving time and money.
Competitive solutions: Knowing what is competitive requires real-time knowledge of the market and all available products. We work with leading funding and insurance companies to remove the onus on lawyers in sourcing competitive third party funding and ATE insurance quotes for clients, whilst ensuring that the client obtains the most cost effective litigation funding solution for their commercial dispute.
Efficiency: Working with a specialist broker speeds up the process of securing offers for funding and / or ATE insurance. TheJudge can access multiple litigation funders and ATE insurers simultaneously, without the need for the client to engage in early stage exclusivity with any given company.
Navigating the increasingly diverse and complex range of litigation funding and ATE insurance products is easier with a trusted partner at your side. Working with TheJudge, you will have access to expert advice from a specialist litigation funding broker with in-depth knowledge of the market along with a range of exclusive products and undisputed bargaining power. Contact TheJudge today to find out more about ATE insurance and litigation funding or to discuss your specific case.