ARTICLE
3 December 2019

How Litigation Funding Is Driving Class Actions In The UK (Video)

DP
DLA Piper UK LLP

Contributor

DLA Piper is dedicated to helping forward-thinking businesses address today’s challenges and shape a better world. With a bold and dynamic culture, it emphasizes excellence in client relationships, community service, and people development. The firm fosters creativity, strategic thinking, inclusivity, and collaboration to exceed expectations. Recognizing the importance of environmental, social, and governance (ESG) issues, the firm actively supports clients in transitioning to sustainable futures. It promotes purpose, transparency, and sustainability within its own governance and operations, ensuring its people are equipped to deliver exceptional results for clients while making a positive societal impact.

Litigation or third party funding has transformed the UK disputes market over the past 20 years. Its growth has been enabled by procedural and regulatory changes.
United Kingdom Litigation, Mediation & Arbitration

Litigation or third party funding has transformed the UK disputes market over the past 20 years. Its growth has been enabled by procedural and regulatory changes. But a combination of sophisticated investors, entrepreneurial lawyers, the on-going search for better economic returns and the preference for lawyers and clients to align their economic interests is driving disputes activity.

Class Actions are one of the most attractive categories of disputes for funders. They are large, often reputationally significant and they are capable of being priced. This latest video in DLA Piper's Class Actions series discusses how funding works and what makes a prospective Class Action attractive for funding.

DLA Piper is delighted to partner with Harbour Litigation Funding in this film.

DLA Piper has a strong track record in Class Actions, which has become the shorthand term for a range of mass claims, group litigation and collective redress procedures. In this third in our series of films, our Class Actions Group discuss how litigation funding is driving Class Actions in the UK, including:

  • The emergence of Class Actions as an attractive asset class;
  • Legal reforms that have helped spur on new Class Actions in the UK;
  • The evolving role of third party funders in the disputes market;
  • The criteria third party funders will use to decide whether a case is eligible for funding;
  • Current trends in litigation funding for Class Actions; and
  • How the courts are dealing with funded Class Actions.

Watch our full playlist of Class Actions films

DLA Piper is one of the world's largest Class Actions practices. With our global footprint, innovative technology solutions and our multi-jurisdictional approach, we are ideally placed to help you and your clients prevent, mitigate and defend Class Actions.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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