Strong legal cases should not be held back by a lack of funding or a fear over the costs of litigation.
Annecto Legal’s founding principle is that limited finances should never stop you pursuing a valid case – commercial litigation funding should always be sought.
This perceived barrier has come about because traditionally solicitors have charged on an hourly rate for their work: they get paid regardless of success. In England and Wales, it is also typical for the loser to pay the winning side’s (reasonable) legal fees upon conclusion of a case.
Because of these financial risks, many businesses write-off claims they would have likely won.
Commercial litigation funding – another way
There are a range of alternative litigation funding options available and Annecto Legal can be there every step of the way to make sure you choose the option that’s right for you and get the justice you deserve.
Alternative funding for commercial disputes is about finding the best way to manage the financial risks of litigation. Annecto Legal assists with commercial litigation funding and ATE insurance, with access to over 20 specialist providers. If you do not have a legal team on board, we can also help you get the right representation to give your case the strongest chance of success.
Clients can transfer the costs and risks of their case using commercial litigation funding and insurance and put themselves in a position of strength to negotiate the best settlement possible, or go to trial if necessary.
We deal with a variety of legal cases including assistance with breach of contract solicitors, professional negligence solicitors, fraud, banking litigation and can even help if you’re suing a solicitor or looking for commercial dispute resolution.
Annecto Legal is typically paid 2% of recovered damages upon successful conclusion of the case, so our interests are completely aligned with our clients.