6 July 2020
The use of litigation funding is expanding rapidly across the legal world.
This trend has accelerated as the key actors in dispute resolution proceedings become familiar with litigation funding and its many advantages. Sophisticated claimants appreciate how funding can help them manage costs and offset legal risk; savvy lawyers recognise how third-party funding can help them expand their practice and offer clients flexibility on fees; and forward-thinking judges and arbitrators acknowledge the positive role that litigation funding plays in promoting meritorious claims and fostering access to justice.
Due to the substantial costs and risk inherent in patent litigation, it is a natural fit for litigation funding – in particular for smaller, entrepreneurial inventors and patent owners who find themselves pitted against larger, more well-resourced defendants. Partnering with a litigation funder allows a patent owner to achieve equal footing and to offset some of their risk to the funder.
You can read our whitepaper, Litigation Funding for Patent Disputes below or you can download the PDF here
For further information, please contact:
Steven Savage, WoodsFord Litigation Funding
ssavage@woodsfordlf.com