Litigation Funding can provide you with specialist loans that provide facilities for covering legal fees and disbursements in family disputes.
Expert providers in Divorce Litigation Finance
A difficulty often faced by lawyers when acting for clients going through a divorce is that of the client having access to funds to pay for their legal fees, especially when acting for the less financially dominant party.
Fortunately, there are now a number of providers that specialise in ‘Divorce Litigation Finance’, these are specialist loans that provide facilities for covering legal fees and disbursements in family disputes.
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How we can help with your
Quickly identify which lender(s) would be suitable
With multiple providers having varying lending criteria it can be a difficult and time-consuming task for a solicitor to identify which provider is suitable for their client.
Integrated Dispute Resolution is able to quickly identify which lender(s) would be suitable for your client’s particular circumstances and can quickly recommend which lender would most likely result in a positive lending decision.
How it works
Integrated Dispute Resolution does not offer financial brokering services.
An introduction will be made to the most appropriate provider and that provider will then process the application directly with the client/solicitor.
Integrated Dispute Resolution does not receive any fees for this introduction from the provider, client or solicitor.
Prior to making an application for litigation funding, it is important to consider the following points;
- The interest rate applied to the loan.
- The APR including all fees and charges.
- If the facility is secured/unsecured.
- Are multiple drawdowns permitted.
- How is interest calculated.
- If there are any early repayment penalties.
- Can the loan period/amount be extended?
- Does the law firm need to provide any guarantee or undertaking?
- Are non-UK assets considered acceptable as part of the proposed settlement.
- Application process and turnaround time.
Integrated Dispute Resolution (IDR) brings together an unparalleled range of professional support services. IDR provides one point of contact for all of yours or your clients legal and tax support needs.
Embracing the concept of ‘client centric’ legal practice we enable you to maximise your legal budget, and support lawyers by minimising the time and costs spent on searching for the most appropriate ancillary services that may be required in the pursuit of the desired outcome in a legal matter.
All of the professional members are vetted and assessed on their abilities to perform services under each distinct area of law in which they wish to support. IDR provides a seamless extension of your legal team enabling lawyers to make the most effective and efficient use of their time and expertise.
By utilising the services provided by IDR, lawyers and clients can be confident that they have the strongest possible team working together on their legal matter.
Not sure what support you require?
If you can’t find the support you are looking for on our website or are unsure what service you require, please contact us with a description of your requirements and we can discuss the options available to you.
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We are currently looking for individuals and organisations that provide legal and litigation support services, if you are interested in joining the IDR network and benefiting from our established relationships with Law Firms and Barristers in the UK and beyond, please contact us today and a member of the team will get in touch to discuss.