A practical approach
to the costs & risks
of resolving a dispute

We give law firms a competitive edge by offering financial strength and dispute resolution expertise

Diversity is our strength: we consider commercial cases of all sizes

We’ve funded more cases than any other funder in the UK

FINANCIAL STRENGTH FOR YOUR CLIENT, A PARTNER FOR YOUR FIRM

FINANCIAL STRENGTH & AGILITY

We have in excess of £60 million of capital for investment in commercial litigation and arbitration. We view disputes as assets and take a flexible approach to providing the funding which best suit your client’s needs.

EXPERIENCE

We are a knowledgeable partner, we understand both the dispute resolution process, and the competitive environment law firms and partners operate in.

A LONG TERM RELATIONSHIP

Our goal is to create lasting relationships with the lawyers and firms we work with.  Such relationships often lead to cross-referrals, portfolio funding and a faster more transparent process.

TRAINING & UPDATES

We offer a range of tailored trainings to empower you to provide your clients with the most current advice on their finance options. We offer a range of options for fee-earners of all levels of experience/ areas of law.

Our process for lawyers

process

Step 1
Desktop Diligence Review

Timescale 15 minutes

process-icon-1
You… Call our Origination team to speak about your case
or click here to download our questionnaire
We…
  • Evaluate the basic facts & economics
  • Produce an indicative commercial term sheet

Step 2
Selection Criteria

Timescale 1 hour

process-icon-2
You... Discuss the term sheet with your client
Answer some initial questions on key points
and send through key documents
We…
  • Review the key documents
  • Request Solicitor/Counsel opinion (where required)

Step 3
Formal Application

Timescale 1 week

process-icon-3
We…
  • Complete an in-house legal review of the matter which evaluates the legal merits, the economics and the budget of the matter
  • Prepare a formal application

Step 4
Investment Committee

Timescale Half a day

process-icon-4
We…
  • Hold a meeting of our investment committee to approve investments (Weekly)

Step 5
Funds deployed

Timescale 1 week

process-icon-5
You… Advise your client on the funding agreement
and execute the finance documents
We…
  • Transfer the requested funds into your client trust account

*NB timings are a guide only and best case – timeline will depend greatly on availability of information

How does the process work?

The Augusta finance application process is transparent and fast, and we will work with you to complete the application so that it has the best chance of being approved for financing.

We start with a light touch diligence review of the matter that can usually be completed in about 30 minutes. This allows us to establish whether we are likely to be able to assist.

  • Economics

We ask for preliminary estimates of the costs and claim value, and then provide you with a financing term sheet.

  • Selection Criteria

These simple yes/no questions allow us to identify and discuss any issues that may make funding problematic.

  • Recoverability/Enforcement

We ask some basic information regarding the opponent’s ability to pay.

If the initial review is positive, then the case has a reasonable chance of being funded and will move through to our diligence team for a detailed review.

Matters that satisfy the detailed review will then be presented to our investment committee for approval.

Once approved, and upon execution of the finance agreement, funds are deployed into the firm’s client trust account.

Testimonial

Latest News

It was particularly important for us to work with a funder who would allow us to get on with the job, without interfering in the management of a case. Augusta made the whole process as straightforward and lawyer friendly as possible.

Douglas Skilton, Partner,
Thomson Snell & Passmore LLP's Dispute Resolution Team

Litigation funding – the pros and cons

12/09/2017 | admin

Litigation funding is an important financial product that has become increasingly available for commercial claims in Australia over recent years. Dispelling some of the common myths about litigation funding, this article looks at the pros and cons, demonstrating that there are significant pros, and cons that can be turned to…

Share on facebook Share on Twitter Share on LinkedIn
0 shares
Augusta Ventures sponsors The Law Council of Australia – 2017 Insolvency Law Workshop

11/09/2017 | admin

Augusta Ventures were proud to sponsor the 2017 Insolvency Law Workshop held by The Law Council of Australia on Friday 8 September. The workshop was well attended by leading professionals and dealt with common issues faced by, and aspects important to, everyday Insolvency lawyers and Practitioners. Neill Brennan (Managing Director)…

Share on facebook Share on Twitter Share on LinkedIn
1 shares