Most of our commercial dispute work is funded on the basis of hourly rates agreed with our clients at the outset of the matter.
However, we recognise that some clients will wish to explore more creative forms of funding and arrangements which have less impact on their cash flow.
For over a decade, Carter-Ruck has been at the forefront of the development of litigation funding arrangements and the firm’s partners have regularly been invited to make submissions to various government and other working parties. We are well placed to help clients consider the various options available to them in high-value commercial disputes, including the use of full or partial Conditional Fee Agreements (CFAs, also known as “no win, no fee” agreements), as well as Damages-Based Agreements (DBAs) and third-party funding.
Our experience in this field means that we have strong relationships with many QCs and junior barristers who are also willing to consider working on a “no win no fee” basis in cases which we are backing.
We are also one of the very few firms to have delegated authority, through Temple Legal Protection Limited (www.temple-legal.co.uk), to offer our CFA clients After the Event (ATE) Insurance, which protects the client against the risk of paying the opponent’s costs if the case is lost.