Harbour has featured in a number of leading directories this year including Chambers and Partners and Legal 500. Chambers and Partners is an international legal directory that ranks law firms and individual lawyers based on their technical legal ability, client service, and other factors. Legal 500 is another reputable legal directory that provides rankings and […]
From its roots as a funder of litigation cases, Harbour has expanded to investing in legal businesses themselves. Managing director and chief investment officer Ellora MacPherson explains the market drivers that motivated this evolution in its financial offerings. Since it was established in 2007, Harbour has acted as a leading port of call for […]
The Deputy Head of Civil Justice used this year’s Harbour Litigation Funding Annual Lecture to mount a robust defence of the new regime of fixed recoverable costs for cases worth up to £100,000 – while acknowledging it is not as simple as he would like. Sir Colin Birss, a Lord Justice of Appeal, also speculated […]
The are four key factors a litigation funder looks at when assessing whether or not they are going to fund a case. Whilst lawyers will often start by looking at merits, a litigation funder’s primary concern is to recover its investment, and wherever possible also obtain a return on that investment. Lawyers should always be […]
Maurice MacSweeney, director of legal finance and sales planning at Harbour, discusses how law firms can improve their profitability even amid economic uncertainty. As law firms announce their financial results, it appears for many that a rise in revenue is not matched by a rise in net profit, as salary wars, inflation and other costs […]
Leading UK consumer law firm Slater and Gordon has agreed a £33 million committed facility with litigation funder and lender to law firms, Harbour, in what is believed to be one of the largest lending deals in the sector this year. Slater and Gordon firm will use Harbour’s capital to invest in developing its consumer […]
Midlands law firm Hawkins Hatton has become the fifth practice to join the Bamboo Group, the ground-breaking platform that allows solicitors to launch, build or sell their law firms. The acquisition has been facilitated with a credit facility from Harbour, the world’s largest independent litigation funder, which has added law firm financing and lending to […]
Midlands-based Rothley Law, has acquired the entire private client business of Shoosmiths encompassing teams in wealth protection, disputed wills & trusts, and Court of Protection. The 41-strong team, led by partners Melissa Maple, Adam Draper and Lucy Taylor, will operate from offices in Birmingham, Leicester, London, Manchester, Milton Keynes and Reading. Existing clients will also […]
Maurice MacSweeney explains how funders are evolving beyond single-case litigation Litigation finance as a concept is not new—indeed, regulation of it first arose in medieval England. But its use as a tool to support those involved in commercial litigation and arbitration is much more recent, having entered the mainstream in many of the world’s major […]
Harbour has been ranked in 5 guides for the sixth year. Chambers and Partners is an independent legal directory who carries out intensive research into the litigation funding market globally. UK Retaining the Band 1 ranking for another year, Harbour is described as “very creative with funding solutions and legal interplay” and “Harbour has the […]
Litigation funding has been prohibited in Ireland under the torts of “maintenance” and “champerty” which are centuries old. This has always been accepted but since Helen McEntee TD announced in September 2022 that third-party funding of international arbitration will be legalised in Ireland through an amendment to legislation currently before the Oireachtas, many law firms […]
Harbour are walking with the Lord Chief Justice and thousands of lawyers to raise funds for the London Legal Support Trust. The London Legal Walk is the biggest fundraising event in aid of free legal advice and support for everything from Law Centres and Citizens Advice services to refugee specialist support services. Over 13.4 million […]
Harbour were pleased to take part in the Litigation Finance episode of the Lawdragon podcast, hosted by David Weinstein, a former prosecutor and partner at Jones Walker. Kory Parkhurst, who is the exclusive US representative for Harbour, explained how funding is used in the US and how Harbour’s funding is evolving. Kory explains what Harbour’s […]
Three quarters of law firms would consider selling a percentage of their business to an external buyer, new research has revealed. A survey of 200 law firm partners commissioned by Harbour, the world’s largest independent litigation funder and law firm lender, showed that 149 of the 200 partners surveyed said their firm would consider external […]
Harbour has made a series of promotions in its portfolio and fund management teams as it broadens its strategic focus to investing in law firms. Oliver Way becomes Senior Director of Legal Finance. In addition to managing a diverse portfolio of cases globally, he is responsible for developing funding opportunities in the UK, the Netherlands […]
It has been recently reported in The Lawyer that ‘Funders are the new banks’ and how they are growing by funding not only single cases. Harbour has been partnering with law firms to assist them with their strategic goals and can offer lawyers and law firms finance, secured against contingent revenue to be used […]
Litigation finance has entered the mainstream over the last two decades as a tool to fund single cases. Now, the litigation funding industry is quickly evolving to provide broad financial backing to law firms, corporate legal departments, alternative legal service providers, and entrepreneurial lawyers. Binary Outcomes Funding pays the costs associated with pursuing a claim […]
The Dos and Don’ts – an exploration of an NPL timeline Monday 3rd April, 12:30 BST Harbour has invited a number of leading experts in this area to explain their involvement in the recovery of an NPL portfolio and how insolvency can be used as a means to recovery. In this webinar, you will hear […]
This year, Harbour is running a webinar series on all aspects of funding. The series has been designed for those who are curious about how funding can benefit their clients and who want to learn more about litigation funding and the other types of funding Harbour offers. These sessions will be of particular interest to […]
A survey of 200 law firm partners commissioned by Harbour, a litigation funder and lender to law firms, highlights that increasing numbers of partners across the UK are seriously considering setting up their own law firm, citing working arrangements, independence, and retaining profits for growth as motivating factors. London, January – A survey of 200 […]
Please join Susan Dunn and Maurice MacSweeney as they explain what litigation funding is and how it can be used. Monday 5th December 12:30 GMT Please join Susan Dunn and Maurice MacSweeney as they explain what litigation funding is and how it can be used. They will cover: What do litigation funders actually do? How […]
At this year’s Commercial Litigation Summit, competition litigators and funders discussed the status of the UK’s Competition Appeal Tribunal (CAT). Seven years have passed since the CAT was overhauled, enabling it to hear a wider range of private damages claims. There was one important question on the panel’s agenda: is 2022 the year that the […]
A survey of 200+ law firm partners commissioned by Harbour, a litigation funder and lender to law firms, has revealed increasing pressure on law firms from clients seeking more affordable services. A survey of 200 law firm partners located across the UK suggests they may need to do more to help clients mitigate the impact […]
The current economic news presents a bleak picture. Whilst Covid lockdowns have eased, businesses and consumers now face inflation levels not seen in a generation as well as rising interest rates. All businesses will be impacted by reduced consumer spending power and higher energy costs. Given this, it is not surprising that recent Government statistics […]
Over the last 18 months firms began to ask Harbour if we could offer a solution. As a privately owned business, with a wide-ranging mandate from our investors, we have a lot of flexibility in how we can deploy capital. The Harbour team speaks to law firms every day, and throughout the pandemic we were […]
Morgan Sports Law, a firm specialising in sports-related disputes, has agreed a £2 million credit facility with Harbour, the world’s largest privately-owned, dedicated funder of litigation and arbitration. This facility will enable Morgan Sports Law to offer a wider range of funding options to their increasingly large client base of professional footballers. The law firm […]
In a recent nationwide survey of over 200 law firm partners, 31% stated that their firm is actively considering a stock market listing in the next 12-18 months with a further 44% saying an IPO was under consideration. Coupled with this, 78% of law firm partners said their firms were either in active discussions or […]
The courts have approved a bid to launch a £600 million class action compensation claim against BT on behalf of over 2 million customers that it allegedly overcharged. Now Justin Le Patourel can bring the landmark case to recover hundreds of pounds for BT landline-only customers, many of whom are older and from low-income households. […]
Harbour today announced the launch of a new litigation funding venture with Mishcon de Reya called MDR Solutions I. It will be used to fund litigation and arbitration cases for Mishcon de Reya’s clients. It is the result of a strategic partnership with Mishcon de Reya, one of the largest and most successful disputes teams […]
Ellora MacPherson considers how to build a high performing team in an article for HR News Following recent government announcements about a return to the office after more than a year of home working, many businesses will be turning their thoughts to how they can entice employees back. Attracting, as well as retaining talent, are […]
There are now more opportunities than ever to get into litigation funding early in your career, even when training. The traditional route of training within a law firm is no longer the only option open to aspiring trainee solicitors. There are a multitude of in-house training programmes offered by businesses that can provide trainees with […]
Harbour remains a Band 1 funder in the UK and expands its team listings in this year’s Chambers & Partners. In rankings published this week, Harbour retains strong rankings across global jurisdictions. We remain a Band 1 funder in the UK, with one client commenting “They are probably the best funder in the UK. They […]
Harbour ranks Tier 1 in the inaugural litigation funder rankings from Legal 500. Legal 500 published it’s inaugural rankings of litigation funders on June 17 2021, and Harbour was listed as a Band 1 funder. The rankings provide an overview of the UK market including looking at current trends, key players in the market and […]
More than 15,000 Indonesian seaweed farmers may be compensated after oil and gas company PTTEPAA was found responsible for the devastation of their seaweed crops and livelihoods by the Montara oil spill in the Timor Sea in 2009. The central question before the Court was whether the Montara oil spill was the cause of the […]
Stephen O’Dowd considers the need for a generic class action regime in the UK At a time when class actions are gaining momentum around the world, and victims of mass harm have access to litigation funding and the ability to forum-shop, the UK must offer them an effective means of redress. Touching on the Hiscox […]
Stephen O’Dowd talks to Real Business In an article for Real Business Senior Director of Litigation Funding, Stephen O’Dowd discusses how companies at risk of collapse can use litigation funding to survive a challenging economy. While for many businesses litigation is associated with negative consequences, Stephen argues that litigation can be turned into an asset […]
The Supreme Court ruled today that insurers must pay out on business interruption policies. Ellora MacPherson, Harbour’s Chief Investment Officer comments: “Congratulations to Mishcon de Reya LLP and the Hiscox Action Group on today’s judgment from the Supreme Court. As the FCA won their appeal on the QBE policies in issue, this opens the way for the […]
Ellora MacPherson looks back on an extraordinary year. Well, we’ve all got through it! Very soon we will close the door on 2020, an extraordinary year like no other. When Harbour moved to online working in March, as many of you did too, little did we know that in December we would still, for the […]
Charles Jeffery joined Harbour as a Director of Litigation Funding in November 2020. Charles originates claims primarily within the insolvency market from insolvency practitioners and lawyers. After his first month we wanted to catch up with him about the insolvency market and what lies ahead for it in 2021. People talk about an increase in […]
Even in the best of times it’s important to have an eye on enforcement prospects before embarking on a claim. The momentous events of 2020 have reminded us that this adage is more relevant than ever. A claimant has two key questions before embarking on costly litigation. Firstly, will your counterparty still have the means […]
How can consumers benefit more from competition authorities’ aggressive action against tech companies? The French competition authority’s recent €1bn fine against Apple is an eye-catching example of a trend we have been seeing for a number of years. Competition authorities are getting tough on Big Tech. But who is really benefitting from this? The European […]
Harbour’s Chief Investment Officer, Ellora MacPherson, considers how businesses can turn claims into money. In recent weeks the UK has seen a swathe of high-street staples go into, or reach the brink of, administration, as a consequence of the global pandemic. With such devastation being wrought on businesses, Ellora says “minimising costs and realising value […]
At this year’s annual Harbour Lecture at Hong Kong Arbitration Week, we were thrilled that Bill Wood QC of Brick Court Chambers, London and Maxwell Mediators, Singapore could join us as our guest speaker. Delivered virtually for the first time, the event attracted a viewership from both Hong Kong and around the world. It was […]
Senior Director of Litigation Funding, Mark King, speaks to Law Dragon about his experience working in the litigation funding industry since he joined Harbour in 2015. Senior Director of Litigation Funding, Mark King, speaks to Law Dragon about his experience working in the litigation funding industry since he joined Harbour in 2015. In the interview, […]
This is a rare opportunity to bring your hard-earned experience into a dynamic and fast-growing funder. You will be integral to the way that we work, supporting the deployment and management of the USD 1.5 billion of committed capital in the Harbour funds. We are looking for experienced litigation/arbitration solicitors or barristers to join us […]
Press Release Harbour, the litigation funder who is underwriting the policyholder groups claims against insurers in the FCA court case, says today’s judgment shows the value of their funding model. Harbour is providing litigation funding to the Hiscox Action Group and Hospitality Industry Group Action which meant hundreds of policy holders were able to join […]
We are thrilled to learn that our Investment Team has been recognised in the Litigation Support Guide UK by Chambers & Partners in Band 1 for another consecutive year, where we are acknowledged as “a very polished outfit” and for sitting in “the top tier of litigation funders”. Additionally, the team has again been recognised […]
In challenging times it’s understandable when businesses become introspective, but for professional advisers like law firms, much value can come from speaking with clients and sharing experiences. In our conversations with law firms and corporates over the past few weeks we have learnt many things; in particular, despite many law firms feeling under pressure, they […]
Any claimant pursuing or considering litigation knows the environment has changed. Many defendants are facing operational challenges, and it cannot be assumed that a defendant has the financial resources to satisfy damages awarded to a claimant – many businesses are fighting to stay solvent. For existing or new claims, keeping a watching brief on the […]
With stock market volatility expected to continue for some time and a very difficult outlook for all businesses, uncertainty is the great challenge business leaders are facing.
Harbour has provided initial funding for Mishcon de Reya to look into the claims of the HAG (Hiscox Action Group). The HAG is a collective of Hiscox clients whose coronavirus-related business interruptions claims were rejected. The group now consists of hundreds of policyholders. Harbour’s initial funding will pay for Mishcon de Reya to review the […]
At Harbour all our team members are working from home as their health and wellbeing, and that of our clients and friends of the firm, is our utmost priority during these uncertain times. In line with new guidelines around Covid-19, we will be undertaking all meetings via telephone or video conferencing. We would like to […]
Theo Paeffgen joins Harbour Litigation Funding today as a Director of Litigation Funding focusing on Continental Europe. Prior to joining Harbour, Theo was Regional Managing Director (DACH) at Vannin Capital, having acted as CEO of FORIS, a German focused litigation funder. Before moving into litigation funding, Theo qualified as German Rechtsanwalt and solicitor and advised […]
Last night we were delighted to support the Law Works and Advocate ‘Celebrate Christmas with Carols’ concert at Temple Church. The event was a delightfully festive affair with carols, music and readings from a stellar line up including Lady Hale, President of the Supreme Court, writer Sir Michael Morpurgo, who read from an unpublished work […]
On 4 December we were delighted to host an event titled ‘The Enforcement & Asset Recovery Landscape in 2020’ which considered what might be in store for the enforcement of judgments, arbitral awards and the recovery of assets in 2020 in light of political and economic developments. Moderated by Wayne Barnes of Fulcrum Chambers, our […]
Harbour’s 2019 Hong Kong Arbitration Week lecture was another thought provoking thought leadership piece on the question ‘Is Arbitration sustainable?’ Addressing issues as wide ranging as diversity, use of technology, trade sanctions, climate change and the adaptability of arbitral institution rules to the demands of modern business relationships, Sophie Lamb’s lecture was a further great […]
Brazil remains an exciting centre of development for arbitration, and on the 23 October we were delighted to host the first Harbour Gala in São Paulo as part of Arbitration Week. The Gala centered around an informal talk show led by a panel of eminent practitioners in the field who have helped shape and develop […]
Stephen O’Dowd, Senior Director of Litigation Funding, features in the latest video from Addleshaw Goddard’s litigation finance perspectives series. In ‘The class action perspective’, Stephen shares his views on the risk management option transforming the global disputes market and considers what the future holds for class action litigation funding. To watch the video, please click […]
We are proud to support the Public Interest Advocacy Centre (PIAC) and their valuable work in tackling difficult social problems in Australian communities. PIAC was launched in July 1982 and over the following years, pioneered public interest advocacy in Australia. PIAC has advocated for the vulnerable, been at the forefront of improving access to justice, […]
At Harbour we are committed to working in partnership, streamlining processes and providing a range of funding solutions to clients. Our collaboration with Eversheds Sutherland demonstrates this commitment by offering clients access to funding in standalone claims and a portfolio of cases. The relationship between our two firms will be led by Darrell Porter, Senior […]
Harbour travelled to Australia to meet our long-term strategic partners and attend key events. Ellora MacPherson speaks to Stephen O’Dowd, Senior Director of Litigation Funding and J-P Pitt, Director of Litigation Funding about their trip and their views on the Australian market. Stephen, can you tell me if there are any trends emerging that you […]
Tom Conlon joined Harbour in May 2019 as Sales Planning & Business Development Manager to support the Investment Management team. Now that he’s had a chance to settle in for the past few months, we asked him more about his role and how he is enjoying it. Tom, tell me why you decided on Harbour? […]
Harbour is recruiting for a trainee solicitor to start with the firm in Autumn 2019! This is an exciting opportunity for a trainee to gain their legal qualification within the unique environment of one of the largest and leading litigation funders. Please click here for further details of the role. Interested applicants should send their CV and […]
Maurice MacSweeney joined Harbour in July 2019 as Director of Litigation Funding. Maurice, what first attracted you to Harbour? For me it was Harbour’s credibility and integrity. Harbour has achieved a leading position not by aggressively pursuing market share, but rather by being genuinely committed to the cases and legal teams in which they invest. […]
This is a rare opportunity to bring your hard-earned experience into a dynamic and fast-growing funder. You will be integral to the way that we work, supporting the deployment of the £760 million of capital in the Harbour Funds. We are looking for experienced litigation/arbitration solicitors or barristers to join us as Director of Litigation […]
By Colin Johnson, Vice President with Charles River Associates, one of the founding members of LIDW. May 2019 marked the inaugural London International Disputes Week (LIDW) with more than 1100 delegates from 47 countries attending events over four days. The conversation around a London arbitration event began some 20 months earlier. Since similar events are […]
We are pleased to learn that we have retained our Band 1 ranking in the U.K in which we are described by lawyers as having an “impeccable reputation in the marketplace.” Clients say they have “…never met a funder so involved – they work hand in glove together with clients” and another describing us as […]
1 June 2015 – Harbour partakes in a roundtable discussion on third-party funding.
In 2018, the Harbour group grew again with the addition of Harbour Solutions Group (HSG), a business designed to offer our corporate clients the problem-solving skills of a team…
Paul Lowenstein QC and Matthew McGhee, 20 Essex Street In Summer 2018, the Lord Chancellor announced that a new flagship court would be opening in London and…
Editor’s Note It has been a busy start to the year for Harbour as we continue to grow the team after our office move to Waterloo…
After settling into our new offices on Waterloo Place, we hosted our first networking event for our close friends in the legal community enabling them to…
Harbour Litigation Funding announces that Paul Lowenstein QC joined the Investment Committee in January 2019. Paul is a leading commercial silk with an extensive courtroom and advisory…
30 July 2018 – Our response to the ALRC’s class actions inquiry
3 July 2018 – South East Asia and Australia, a new dawn?
21 November 2017 – The first proposed case of its type in Australia.
5 October 2017 – What should the legal sector focus on next?
04 July 2017 – Two approaches in arbitration which could result in saved time and cost.
30 June 2017 – The Summer 2017 edition devoted to ‘access to justice’.
14 June 2017 – Hong Kong passes Bill on TPF.
23 May 2017 – Supreme Court of Ireland’s decision in the Sigma/Persona appeal.
14 March 2017 – The DIFC’s Practice Direction following public consultation.
01 March 2017 – The Civil Law (Amendment) Act 2017 (the Act) came into force in Singapore.
10 January 2017 – Singapore passes Bill re TPF.
9 January 2017 – Third party funding in Asia: evolution or revolution?
9 December 2016 – Lucy Pert writes for the barrister magazine.
18 November 2016 – Court of Appeal hands down Excalibur decision.
31 October 2016 – The Money Max decision reviewed.
17 October 2016 – Harbour at Hong Kong Arbitration Week
12 October 2016 – Hong Kong Law Reform Commission’s recommendations on third party funding in arbitration.
03 October 2016 – Litigation, arbitration and TPF developments in the Middle East
25 September 2016 – The possible impact of the Essar judgment.
20 September 2016 – The highlight in our litigation funding calendar.
3 August 2016 – Large class action in Australia after oil spill.
28 July 2016 – Our response to Singapore’s TPF consultation.
26 July 2016 – Harbour selected as finalist for the TRI Awards.
25 July 2016 – Global team expands by 40% in less than a year.
25 July 2016 – “Leapfrog” appeal allowed by Supreme Court.
9 June 2016 – The Annual Roebuck Lecture by Prof. Doug Jones.
17 March 2016 – Clyde & Co speaks to Ruth Stackpool-Moore in Hong Kong.
14 December 2015 – Key debate around arbitration in Africa and Asia.
27 October 2015 – Harbour’s on-the-ground presence in Hong Kong.
20 October 2015 – Further information on this key development.
8 October 2015 – Investigation in a potential shareholder class action.
16 September 2015 – Review of the CJC’s report to bring clarity regarding DBAs.
30 July 2015 – Harbour comments on this application in Eurogas and Belmont v The Slovak Republic.
20 July 2015 – Harbour welcomes mechanism for authoritative guidance.
15 June 2015 – Survey offers insight in one of the client’s major concerns when litigating.
10 June 2015 Harbour Litigation Funding noted with interest Lord Dyson’s suggestion that lawyers may require more training to get to grips with the new regime…
6 June 2015 – In the recent judgment in JEB Recoveries LLP v Binstock, the Judge referred frequently to Lord Neuberger’s remarks made in the inaugural…
27 May 2015 – Adina Thorn of Adina Thorn Lawyers announced that the dedicated investment funds advised by Harbour Litigation Funding Limited (Harbour) will be providing…
20 May 2015 – Over 150 top lawyers, barristers, judges and clerks gathered at Grays Inn Hall to hear the third Annual Harbour Lecture on “Confronting…
11 May 2015 “An excellent book which serves as timely overview of the entire litigation funding landscape” is the verdict of Julian Chamberlayne, a partner at…
6 May 2015 – Following his nationwide research into the operation of costs budgeting, Lord Justice Jackson will announce his preliminary findings at the Annual Harbour…
4 June 2015 – Harbour supports an article published by Deidre Walker of Norton Rose in The Lawyer calling on Londons legal community to champion IT…
27 April 2015 – Following on from the City Wealth Awards, City Wealth Magazine conducted an interview with Susan Dunn, Head of Litigation Funding at Harbour…
23 March 2015 – We are delighted to announce that Harbour has a new fund of £230 million. Fund III is available immediately for international arbitration…
9 February 2015 – An article from The Lawyer today poses questions on litigation funding to a panel of leading litigation and arbitration practitioners from Addleshaw…
2 February 2015 – Harbour’s funding has led to a successful settlement for low paid employees who otherwise would have missed out on their entitlement under…
12 January 2015 In an article for the Law Gazette this week, Rachel Rothwell considers the outlook for 2015 for the way litigation is funded. She looks…