How you differ from what law firms typically offer?
Law firms charge clients regardless of results. In terms of dispute resolution where only results is something that matters. Not all cases, but lots of them where risks of failure must be shared by those accountable for how the whole thing was performed.
Plus, there is an unspoken conflict of interest behind any attorney-client agreement. Thought of such conflict has been there all the time becomes clear when legal fees get turned into additional losses for a client on the top of losing a case. Recovery of legal expenses is no guarantee even for a winner, because law firms tend to overcharge clients, at least, judges tend to see it that way.
The Fund’s business model has a preventive potential that helps litigants not to be that defenseless and vulnarable against ethically challenging soliciting practices.
Which is even more effective than anything else for keeping lawyers accountable for misleading litigants as to perspective of cases.
I may know someone who seems to have a case. Can I get money out of it?
Yes. If a case is taken by your reference you are entitled to “generation fees” amounting from 10% to 30% of all the net proceeds such case produces. For more details please follow this link.
Fund’s roles after a case found eligible
It depends. On specifics of a case, amount of funding sought, etc. The Fund can stay a passive investor or with no say on the strategy or settlement, but can provide experts. However, there are situations where a litigant either goes with litigators designated by the Fund to keep success rate in check, the Fund gets to settle separately and independently otherwise the case is not likely be financed.
What is your standard success rate?
Up to a claim type. Should there be a social element or not and other details can play a role. Generally, a win or settlement probability must be of at least 65% evaluated by the Fund’s panel of litigation experts who produce their considerations separately from each other.
How about funding counterclaims and defense-type of work?
Yes, we consider financing those and also participation of persons who are not a party to disputes, but side with plaintiffs or defendants.
What arrangements the Fund works on?
Optimised contingency scheme (AKA “no win — no fee”) is at our core. But cases with a success rate below 65% is not necessarily a dealbreaker when blended (hybrid) rates, alternative arrangments and pecularities of a case come into play.
What jurisdictions you operate?
Global reach, focusing on emerging markets, specifically, Russia (CIS) and Spain.
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