WE PROVIDE FINANCE SOLUTIONS THROUGH A DEEP UNDERSTANDING OF THE CHALLENGES, PRESSURES AND OPPORTUNITIES FACING UK PERSONAL INJURY PRACTICES
While traditional sources of finance are less readily available to most law firms, particularly those offering legal services under CFA and/or DBA retainer arrangements, we provide innovative facilities with a full understanding of the risks and unique needs of modern day law firms. We are not just a source of money, but a value added partner, providing flexible strategic capital.
SpectraLegal was formed by the principals of Canada’s leading provider of litigation finance and risk management solutions – BridgePoint Financial Group. The seismic changes in the UK legal market brought about by the Legal Aid, Sentencing and Punishment of Offenders (LASPO) Act of 2012 mirror those enacted in Ontario in 2003. This makes us uniquely placed to help UK firms to understand and operate in this new legal landscape.
Our bespoke online platform allows firms to continually track the funding status of accounts in real time, find out how much they can borrow, upload files for drawdown requests and facilitate payments. But more than this, it allows us to analyse a wide range of information, providing unique insight and helping to improve efficiency and growth.
SpectraLegal is not only the brainchild of the experts behind BridgePoint Financial Group – Canada’s leading law firm financier which has funded over 750 law firms over the past 14 years – but it is also supported by major institutions.