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Funding options

From third party funding to conditional fee agreements, there are now a multitude of options available to clients. We have highlighted some of these below but please download a copy of our full funding guide now for more information.

Alternative Fee Arrangements (AFA)

An AFA is any legal fee structure or method of charging for our services other than standard hourly rates. Here are some examples.

Conditional Fee Agreement (CFA)

An agreement which provides for the payment of fees, in part or in whole, depending on the outcome of the dispute.

Third Party Funding (TPF)

TPF involves a specialist litigation funder paying a claimant’s legal costs in return for a share of the damages or a multiple of investment if the claim succeeds.

Damages Based Agreement (DBA)

A US-style contingency agreement which is now available in England and Wales. A DBA provides for payment of the law firm’s fees only on recovery of damages, and is expressed as a percentage of the amount recovered.

After the Event Insurance (ATE)

An insurance policy purchased during the course of litigation to guard against payment of the other side’s costs at the conclusion.

Download the interactive guide