Third party funding - commercial litigation

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.

loading staff

What funding is available?

Stephensons has significant experience in legal expense and dispute funding. We have access to the leading insurers and funders; we even act for those companies in a claims handling capacity.  

Stephensons has formed an alliance with Augusta Securities Ltd (“Augusta”) to offer a financing solution which gives financial support to the person bringing the claim (Claimant). This option delivers a number of benefits to you including:

  • Reduction of financial risk 
  • It leaves more of the case proceeds with the claimant when compared to traditional funding options
  • It can be applied to both small and large cases

This funding is available for a wide range of commercial litigation cases. Your case will need to be assessed by Stephensons’ commercial team and if it meets our criteria and the person/company who you are suing has a strong ability to pay it is likely this funding option will be approved. 

The third party finance company, Augusta will agree to pay part (or in some cases all) of a claimant's legal fees if your case is eligible, in return for an agreed proportion of the settlement or award of damages. Additionally, clients using this finance option will also qualify for After the Event insurance with the option to hedge the majority of your contribution to the matter.

Call us today to find out how we could assist you with your commercial dispute and to discuss whether this funding option would be appropriate to your circumstances. For further information please contact us on 0203 816 9303.

8.7 out of 10
Trustpilot logo4-stars on trustpilot Based on count 376

We're Great

It is our business to deliver legal services that work for our clients, and you can trust our specialists to take care of things on your behalf.

Our Trustpilot reviews

The situation was very personal and at times very distressing but Stephensons were extremely professional but also empathetic.
View from a commercial litigation client

Bribery case has implications for firms of all sizes

In a case which is the first of its kind and has implications for companies of all sizes, a small interior design company has been convicted under ‘failure to prevent bribery’ legislation.   The court was told that a former director of...

Read more

Twitter commercial

Stephensons shortlisted at The British Wills and Probate Awards

The national law firm, Stephensons, has been shortlisted in two categories at the British Wills and Probate Awards 2018. Stephensons is nominated for Solicitor Firm of the Year (Regional – North) and for Best use of Marketing and Social Media. ...

Read more

Commercial reorder

  • Jonathan Chadwick
  • Louise Hebborn
  • David Baybut
  • Kate Bullen
  • Chris Graves
  • Alistair Gregory
  • Philip Richardson
  • Julie Ball
  • Martha McKinley
  • Paul Davies
  • Jonathon Waterhouse
  • Jessica Culshaw
  • Matthew Halton
  • Julie Hunter
  • Adam Pennington​​
  • Andrew Whitehead
  • Mark Williams​
  • Neil Marshall
  • Declan Gilroy
  • ​Kerrie Ainscough

We're always here for you

As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.

Find your nearest Stephensons office and arrange a meeting

As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.