THE SPEAR’S 500 Legal


Katie Alexiou Level


FOCUS Litigation funding


Alex Benson Novitas Loans


FOCUS Litigation funding


‘Our aim is to level the legal playing field, by ensuring our clients have equality of arms,’ explains Level co-founder Katie Alexiou. ‘Assets are often held in just one


TOP RECOMMENDED LITIGATION FUNDING


party’s name, creating an imbalance in the level of representation the parties can afford in litigation. Through the provision of funding for legal fees, our clients are able to instruct an appropriate legal team, giving them the best chance of reaching a fair financial settlement, swiftly and cost-effectively,’ she says. The firm prides itself on being


flexible, approachable and responsive. ‘We are a specialist team, dedicated to providing access to justice and making life easier, both for solicitors and their clients,’ Alexiou adds.


Novitas Loans’ chief operating officer, Alex Benson, joined the firm in 2021 after seven years with its parent company, Close Brothers. The firm provides a number of solutions from contentious probate to civil litigation, with a family law practice designed to let clients ‘focus on what matters’. Novitas Loans works across a broad suite of family cases, including cohabitation, property disputes and child custody proceedings, as well as traditional divorce. Funds to pay invoices are requested by a solicitor and are not released until it is approved, giving clients full visibility of their spending, and the firm only charges interest on what is used rather than the full amount. Lending rates are fixed for the duration.


Christopher Bogart Burford Capital


FOCUS Complex cases


John Byrne Therium


FOCUSHigh-value litigation


Susan Dunn


Harbour Litigation Funding


FOCUS International cases


Christopher Bogart is the CEO and co-founder of Burford Capital, the company that made headlines in the family law world for supporting Tatiana Akhmedova in her bitter fight against her ex-husband – a high-profile case that became known for a £453 million award to Akhmedova, which is believed to be the largest of its kind in history. Bogart called the case an example of how legal finance can help ‘achieve equality in the court’. He wrote in an online post, ‘When the rich and powerful believe that those laws are only for the little people and don’t apply to them, our system of law and order breaks down.’ Before co-founding Burford, he held senior positions across tech and media companies including WarnerMedia.


With the strapline ‘Realise the value of your claim’, Therium is at the forefront of litigation funding, promising law firms and businesses looking for funding ‘all of the qualities that you would expect’. Founded in 2009, Therium is one of the longest-established litigation funders, with a track record of successful investing across 12 funds, funding claims valued at $36 billion. John Byrne co-founded the firm


with Neil Purslow in 2008, and now acts as a director and CEO. The solicitor holds LLB and LLM degrees, and is a former managing partner of the London office of Dorsey & Whitney. In that role, Byrne acquired PwC’s


tax litigation team and a VAT litigation team from EY.


Harbour co-founder Susan Dunn is at the forefront of litigation funding in the UK, instrumental in shaping public policy on the matter and a founding member of the industry’s regulatory body, the Association of Litigation Funders. An investor in the funding sector for over 15 years, her litigation funding firm, Harbour, promises ‘certainty in an uncertain world’. Its products fund all or part of legal costs incurred by a claimant (including solicitor’s costs, counsel’s fees, experts and disbursements). In the event of a successful claim, Harbour receives a return of its investment, plus a pre-agreed share of the proceeds. But, should a case prove unsuccessful, there is no need for the claimant or law firm to refund Harbour.


Some of the


world’s largest companies are using


litigation finance Alex Cooke


Schneider Financial Solutions


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