Benefits for Lawyers
IMF Bentham has worked with over 100 of Australia’s leading law firms, as well as with leading law firms throughout the world.
The primary benefits of litigation funding are for the client. Funding legal costs (including lawyer’s fees, counsel’s fees, expert reports and all related disbursements) and covering the risk of adverse costs on a non-recourse basis substantially reduces client risk and enables legal claims to be pursued that wouldn’t be otherwise.
The on-flow benefits for law firms working with IMF Bentham are:
- Where a lawyer believes a legal claim should be pursued and is in the best interests of the client, but the client would not choose to pursue the legal claim for financial reasons, litigation funding creates a way.
- IMF Bentham promptly pays legal fees:
- This generally improves law firm cash-flow;
- Allows firms to pursue matters for clients that might ordinarily be done on a no-win no fee basis but can’t be due to firm cash-flow limitations. This is typical for large scale litigation projects, involving large legal teams working over many years.
We are interested in long-term relationships with law firms and government. As a public listed company, we have an interest in providing services that align with and compliment the role of law and public policy, in protecting and serving the society we operate in. We regularly engage in discussions and seek feedback from law firms and government to ensure this alignment continues.