The costs involved in litigation can often be high. On some occasions, even claimants with the strongest of cases may withdraw from an action or decline to issue proceedings because of the huge financial implications litigation can bring.
Managed Legal Solutions (MLS) provides non-recourse litigation funding that offers claimants an alternative solution. MLS will provide funding for agreed legal and associated costs in litigating a claim.
In return for funding a case, and if the claim is successful, MLS will take an agreed share of the claimant’s litigation proceeds. If, however, the claim is unsuccessful, the claimant will repay nothing.