Australian Litigation Funding

Australian litigation funding involves a third-party organization providing financial support to a claimant or defendant involved in a legal case. This funding covers legal costs and expenses, allowing parties to pursue or defend claims they might otherwise be unable to afford. In return, the funder receives a share of any financial recovery if the case succeeds. This arrangement helps improve access to justice, spreads financial risks, and can enable meritorious cases to proceed that might otherwise be abandoned due to lack of funds. It’s a regulated practice designed to ensure transparency and fair dealings.