Litigation funding in Hong Kong
The use of outside capital in the legal industry is becoming increasingly widespread in Hong Kong. Companies and law firms alike are using litigation funding to conserve their capital and to invest in growth.
The use of outside capital in the legal industry is becoming increasingly widespread in Hong Kong. Companies and law firms alike are using litigation funding to conserve their capital and to invest in growth.
Litigation funding (also called legal finance or litigation finance) is commonly used to remove the costs of pursuing commercial litigation or arbitration, such as legal fees and expenses. Increasingly, companies and law firms use legal finance to accelerate a portion of the expected entitlement of pending claims, judgments, awards or fees. In both cases, a third-party funder assumes downside risk of loss in exchange for a portion of the ultimate recovery. Financing does not impact control, which remains with the client, and it can be provided for a single commercial matter or for multiple matters.
Read case studies about how companies and law firms use finance to manage legal costs and risk.
GCs and heads of litigation seeking greater control over their litigation and arbitration budgets
CFOs and other finance professionals who want to enhance liquidity without adding debt
In-house lawyers who want to bring innovation to the legal department
Litigation partners with fee-fatigued clients
Arbitration lawyers (and their clients) who need to offset the costs of time-consuming disputes
Our introduction to litigation funding includes videos, guides and a webinar detailing everything companies and law firms need to know about securing financing..