Damages Based Agreements

Law firms can utilise funding (whether on a full or partial basis) when instructed on Conditional Fee Agreements (CFAs) and Damages Based Agreements (DBAs).

Harbour has developed a proprietary hybrid DBA, having obtained advice from three QCs that it complies with the current regulations.

This unique Harbour solution provides a pre-packaged means to operate on a co-funding basis providing both risk mitigation for law firms and a share in the upside of the success.

Stop Press

Are the legislative changes on third party funding in Asia (r)evolutionary? Harbour View Q4 2016 offers a comparison of the developments in Singapore and Hong Kong, as well as the wider region, and a first-hand insight into what lawyers, institutions and corporates really think.