Who’s Who Legal (WWL) has recognised five investment managers across Therium’s global offices as internationally-renowned ‘Thought Leaders’ in the third-party litigation funding industry.

Therium CIO Neil Purslow, was amongst those recognised, alongside figures from our teams in England, Germany and Australia.

This year’s full list can be found here

Therium retains top rankings in Chambers and Partners litigation funding guide 2023

Therium has once again been top ranked by Chambers and Partners in its 2023 litigation funding guide, including in the UK, US, Europe, Canada, Australia and international arbitration rankings.

In addition, a number of Therium’s investment managers have been recognised, including Neil Purslow and Simon Dluzniak.

See our full profile here.

Therium Access, Therium’s not for profit arm, has been shortlisted at The Lawyer Awards 2023 in the Pro Bono Initiative of the Year category.

The Lawyer Awards celebrate the very best in the legal industry over the past year. In particular, the pro bono category recognises innovative thinking and measurable outcomes that generate significant change.

Therium Access has a meaningful and impactful grant programme that provides not-for-profit funding for organisations and cases that seek to improve access to justice. The claimants cannot afford to bring their cases on their own and do not qualify for other sources of funding such as Legal Aid, so without Therium Access, these important cases would not be brought.

Therium Chief Investment Officer Neil Purslow sat down with The Lawyer to discuss how funders are broadening their offering away from single case funding towards new areas of law firm financing.

Neil explains that funders’ interest in the legal sector is rising as a result of the emergence of new financing models that offer greater flexibility over pricing and structures for law firms to obtain litigation loans.

As law firms become less conservative and an increasing number of senior partners are breaking out of big law firms to set up on their own, the demand for law firm funding continues to grow.

Read the full article here.

Seven of Therium’s investment managers globally have been included in the 2023 Lawdragon Global 100 Leaders in Litigation Finance, including Fred Bowman, John Byrne, Simon Dluzniak, Louise Hird, Christoph Kuzaj, Neil Purslow and Ben Smyth.

The guide features litigation finance trailblazers as well as the booming talent that is driving the industry forward.

To read the full article, click here:

Therium has been ranked as a leading litigation funder for litigation and arbitration in the US, the UK and Europe.  

In addition, Therium Co-Founder and Chief Investment Officer Neil Purslow has been named as a leading individual in the US and the UK for both litigation and arbitration funding. Christoph Kuzaj and Henrik Jensen have been named as leading individuals for litigation funding in Europe, and in Spain, Fred Bowman and John Byrne are included in the list of Best Litigation Funders.

Therium has also a highly recommended litigation funder in Leaders League’s South American guide. Click here to read more.

In an interview with City AM, Therium CIO Neil Purslow talks about what is driving investment interest in legal finance in this economic climate. He explained that investors continue to see litigation funding as an asset class that delivers returns that are not linked to the wider economy.

Neil outlined a number of opportunities that could arise as a result of the economic downturn, including a rise in commercial litigation finance and increased interest from corporate clients as they seek to reduce their legal spending by turning to litigation funders. The piece also highlights how ESG-related litigation will further bolster the industry. “A lot of the cases litigation funders are backing touch on an ESG theme,” Neil said. “ESG is everywhere.”

Read the full article from City AM.

Therium founder and CIO Neil Purslow has contributed to an article in The Lawyer on the biggest cases of 2023. Alongside leading City litigators, Neil shared his insights into the recent legal cases and decisions that he is following closely this year.

Firstly, Neil highlights the cases that are set to provide some clarity on the meaning of sections 90 and 90A of the Financial Services and Markets Act for securities litigation.

Secondly, Neil draws attention to the Supreme Court appeal in the Trucks legal action that will decide whether litigation funding constitutes a damages-based agreement. Read the full article from The Lawyer here.

Therium’s not for profit initiative Therium Access has been shortlisted as a finalist for the Halsbury Rule of Law Award at the LexisNexis Legal Awards 2023. This award recognises organisations that demonstrate a sustained contribution to upholding the rule of law and celebrates a commitment to the spread of fair and ordered government, law and justice.

Therium Access is the litigation funding industry’s first not-for-profit vehicle, which provides legal funding by way of grants for claims, organisations and projects that promote access to justice for the most vulnerable and marginalised in society. These organisations cannot be funded on a commercial basis, so without Therium Access, many of these organisations would not be able to access the crucial funding they need in order to continue to provide free legal advice or support to pursue justice.

Read the full article from Financial News

Litigation funder Therium also tapped up elite law firms for four new investment managers as it prepares to raise its largest-ever fund, the firm’s chief investment officer told Financial News.

The fund added associates Chris Wilkins from Slaughter and May and Charlie Temperley from Michelmores to its London office. It also hired Corey Banks from Wachtell, Lipton, Rosen & Katz and Joshua Card from Sidley Austin in New York.