WE UNDERSTAND CONSUMER LITIGATION PRACTICES AND PROVIDE FUNDING SOLUTIONS WHICH DIRECTLY ADDRESS THEIR NEEDS
Our standard suite of products provides disbursement funding for consumer litigation practices. This funding enables law firms to release capital into other areas of the business or alleviate the cashflow strain that this expenditure can cause.
We have also created funding solutions to support specific new case areas such as claims arising out of the Supreme Court decision in Plevin v Pargaon Personal Finance Ltd.
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.