Following the bill’s report stage in the House of Commons on 14 January 2025, the Second Reading took place in the House of Lords on 4 February 2025. This session provided the members with an opportunity to debate the main principles and...
Third party (none party) funding involves an organisation not involved in the dispute agreeing to finance all or part of the legal and other costs of the litigation in return for a fee. It differs from conditional fee agreements and damages based agreements in that it does not require you to pay expenses such as barrister’s fees throughout the duration of your case. Third party funders will fund both your legal fees and additional expenses on an ongoing basis. Third party funding is not a loan if the case is unsuccessful any money paid out by the third party does not have to be repaid.