Do All Funders Want To Exert Undue Influence On The Claim?
Litigation funding is a relatively new and untested option for many people. It’s an extremely fast-growing sector, with investors placing increasing funds into the litigation funding market. However, due to the quick expansion of this market, there are many myths and misunderstanding about what litigation funding is or isn’t.
We have been sharing a series of blog posts about the most common myths in litigation funding. In these blog posts we have been providing answers that help bust the myths and misconceptions surrounding litigation funding.
In this blog post we address the myth around funders wanting to exert undue influence on the claim once they commit to supporting it.
Many claimants, that we have spoken to, have expressed a concern that by using a litigation funder they will lose control of their claim. However, this is not the case. A professional and reputable litigation funder will always want to review and be informed of the progress of a claim. However, due to the fact that they are only providing the funds by which a claimant can pursue a claim, the litigation funder is unable to intervene. They are also unable to instruct or even advise the acting solicitors.
If the worry of a litigation funder exerting undue influence on your claim is what is holding you back from speaking to our litigation funders, then call our team now. We are here to help you understand how litigation funders work and provide comfort if you have any concerns.
Here at Apex Litigation Finance we use artificial intelligence to inform our risk assessment and decision making. This means that we are able to make informed decisions quickly and effectively, based on your case and claim. You won’t need to wait for months on end to find out if your claim has been accepted by our litigation funders. We will let you know within a few days.
Still have queries about litigation funding for your claim? Contact our team now.