Third party litigation funding does not increase access to justice for individuals
A new study has examined the question of whether the emergence of third party litigation finding has led to increased access to justice for those with limited means. The survey found that the funding model is only of limited assistance to individuals, but it is more helpful to corporate entities. comments powered by Disqus
The study – carried out jointly by professors from the University of Oxford and the University of Lincoln – has found that claims supported by litigation funders usually involve a claim well in excess of £100,000, suggesting that ordinary consumers would be unlikely to use this model.
The report concludes that if access to justice is to be enhanced for ordinary people with smaller claims, a new model of litigation funding is needed.