Portfolio lending
Legal finance with visibility built in.
We lend against defined portfolios of legal cases that established firms are already running. Every portfolio is assessed before any capital goes out, and once it is agreed the cases behind it are recorded and monitored here.
From capital arriving to the facility being repaid
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Investor capital is received
Investment monies are received in accordance with the agreed terms. What arrives is recorded against your own facility from the day it lands, so the position you are shown starts from the same figure we do.
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Portfolios are assessed
Approved law firms and qualifying legal claim portfolios are reviewed before deployment. We look at the firm, the portfolio they are proposing and the criteria every case in it has to meet, and the cases the facility supports are identified and recorded one at a time.
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Capital is deployed
Funds are deployed against identified cases within the approved portfolios. The firm keeps conduct of the legal work throughout and stays responsible for progressing every client's case.
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Performance is monitored
Deployment and case progress are monitored through portfolio reporting. Cases do not disappear into a pool once the money has gone: through the portal you can follow how many are being carried, what has resolved and how much capital has been deployed, drawn from the same information we monitor the facility with.
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Returns and capital are paid
Payments are made in accordance with the applicable investment terms and portfolio lifecycle. How the portfolio performed goes on the record whichever way it went, and the figures on a statement are the figures we work from ourselves.
Who is responsible for what
Three parties, each with a clear job. That separation is most of why this works at all.
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The firm runs the cases
They stay responsible for their clients, the legal strategy and the conduct of every claim. They know the file and we do not second guess it.
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We provide and manage the portfolio funding
We assess the portfolio, deploy the capital and monitor how the funded cases perform for as long as the facility is out.
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Investors provide capital to us
On terms documented with each of them individually. They do not take conduct of any claim and they are not responsible for the legal work, and what they are paid does not move with how any single case turns out.
One thing worth stating plainly
An investor lends to us rather than to any single claim, and the exposure sits across a defined portfolio rather than resting on one case. How that portfolio performs is what decides what we can pay, which is why we monitor it and report on it the way we do, and it is something we go through with you directly. The rate you are paid is set out in your own documents and does not move with how any individual case turns out.
The detail depends on which side you are on.
These two set out what working with us actually involves, whichever side of it you are on. Both are worth reading before you write to us, and neither takes long.