Solicitors
Get litigation funding for your clients
If your client has a prospective claim that has compelling merits, but is without the funds to litigate it: We can certainly review the claim particulars and advise if we are able to fund it.
However, we will require the instructing solicitors to enter into a conditional fee agreement, with the client in respect of the solicitor’s legal fees.
3Pay’s funding will cover all the legal disbursement costs associated with the claim such as: expert fees, court fees, counsel fees and ATE insurance.
How much funding will 3Pay provide?
3Pay’s funding facility for a single claim is up to £3,000,000. The funds are provided on a non-recourse basis and are held and discharged by the instructing solicitors in accordance with 3Pay’s terms.
What does 3Pay require from solicitors?
3Pay’s underwriting procedure requires the following from the solicitor firm:
- Confirmation of a conditional fee agreement with the client
- The claim must be approved by the solicitor firm’s risk committee
- Legal opinion from an experienced counsel with a history of such claim