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ARTICLES OF INTEREST

SpectraLegal Finance launches powerful Plevin litigation Panel in association with the ACC

We have collaborated with the Alliance of Claims Companies (ACC) to create a sustainably funded and resourced ‘Plevin Panel’ to offer a powerful solution for CMCs pursuing Plevin through litigation.

Law firms look to specialist funding in the pandemic to unlock cashflow, fast.

Headlines of law firm redundancies are rife and are set to dominate when the Job Protection Scheme ends. Funding is also big news as firms look beyond CBILS Loans to access cash, quickly.

Access to justice from Plevin litigation championed in national press

The consumer press has this week championed successful case studies covering new settlements for PPI consumers, achieved by law firms that are leading the way in Plevin litigation.

SpectraLegal Finance Plevin Forum: Our latest Plevin Litigation data for Claimant law firms

Our third Plevin Forum was held in July 2020 and was the largest event we’ve held to date. The Forums give claimant firms the opportunity to share and discuss the latest market intelligence on Plevin litigation.

Plevin and the rise of unfair relationship claims

It’s almost a year since the FCA’s much publicised PPI deadline of August 29th which was intended to bring an end to PPI misselling claims.

Law Firm Funding – Know Your Options

COVID-19 has presented significant challenges in the way we all must conduct business, and the practice of law is no exception.

Continued Service Commitment

Covid-19 is impacting businesses across the globe. We wish to assure you that SpectraLegal remains open for business and committed to maintaining the unparalleled standard of service to which our clients are accustomed.

A message from our COO

To our Friends, Partners and Investors, These are unprecedented times indeed, Spectralegal sincerely hope you, your colleagues and family are safe and well.

Want the best steak? Don’t go to a fish restaurant!

SpectraLegal are launching 2 new products which provide solutions to the common challenges faced by all litigation practices.

New Capital, New Direction, New Product

Following the recent news of our capital raise, we are delighted to announce our first new product of 2019. 2019 will be a transformational year for Spectra as we launch a minimum of 3 new products.

BREAKING NEWS! SPECTRALEGAL RECEIVES £100 MILLION BACKING

The SpectraLegal Finance Group is very pleased to announce it has entered into a transaction with Waterfall Asset Management, LLC to provide £100 million in finance for its European legal finance business

BUDANA: A VITAL RULING FOR THE CLAIMANT PERSONAL INJURY SECTOR

The recent Court of Appeal ruling in Budana v Leeds Teaching Hospital NHS Trust was greeted with a large sigh of relief and has been widely welcomed by solicitors in the claimant PI sector.

Disbursements: a lesson in compliance & sustainable funding

The recent Legal Futures news that a personal injury firm was forced to sell its multi-track work at a ‘considerable loss after the ‘sudden and unexpected’ withdrawal of support from its bank,

An unexpected consequence

Thanks to a consultation curve ball over the way the Personal Injury Discount Rate is set, claimant practitioners (who, only weeks ago were celebrating the new rate of -0.75%) are increasingly finding themselves in a settlement limbo that has consequences for both the client and the firm: a lack of cash flow.

Future Proofing Your Firm

We recently chaired a roundtable debate bringing together some of the leading lights in the industry to discuss the various challenges that firms currently face and what firms can do to help build towards a sustainable future.

A forensic approach to law firm finance

Show your practices the same care you devote to your clients, warns Matthew Gwynne

Firms using non-bank lenders risk breaches “through not reading small print”

Matthew Gwynne: amazed how often solicitors overlook these dangers.

Keeping it in proportion

Setting and keeping costs budgets are a good discipline, even where this isn’t mandatory and however unclear the rules may be, says Matthew Gwynne.

The same old story?

Our Business Development Director, Matthew Gwynne, discusses the recent NHSLA report.

Recovering interest on disbursement funding

With spiralling court fees in particular, it is no surprise that there is more demand than ever for disbursement funding. But can you recover the interest and charges under the loan from the losing defendant?

In the Press: Claimant firms must prepare for the long haul

SpectraLegal’s Matthew Gwynne writes in May’s issue of Solicitors Journal.

Holding your nerve in PI

The recent news that directors of a collapsed law firm admitted to allowing its client account to be used as a banking facility leaving creditors with a £14m shortfall, highlights the very great challenges faced by PI law firms.

SpectraLegal launches in the UK

SpectraLegal, a business created by the experts behind Canada’s top law firm financier, has launched in England and Wales with plans to lend at least £50m to personal injury law firms during 2016.

SpectraLegal

ENQUIRIES & CLIENT SUPPORT
SpectraLegal Limited
Registered in England & Wales
No. 09331538
Landmark Old Broad Street
125 Old Broad Street
London, EC2N 1AR
T: +44 (0) 207 043 0746
E: info@spectralegal.co.uk

LOAN ORIGINATION & FINANCIAL ADMINISTRATION
SpectraLegal Ireland Limited
Registration No. 550005
2 Grand Canal Square
Grand Canal Harbour
Dublin 2, Ireland
T: +353 (0) 1 518 0560
F: +353 (0) 1 518 0561
E: info@spectralegalireland.com

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