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Therium and Solomonic announce partnership to advance UK Litigation Intelligence for the litigation funding industry

London 19th August 2020: Top ranked litigation funder Therium Capital Management and leading UK litigation data and analytics company, Solomonic, have teamed up to advance the application of litigation analytics to litigation funding.

 

Therium will draw on Solomonic’s litigation data and intelligence to add to their innovative and creative approach to litigation funding. In turn, Therium will work closely with the Solomonic team to provide user insight and input into future product development.

 

Therium has consistently been at the forefront of innovation in litigation finance, pioneering the combined use of insurance tools alongside funding vehicles and introducing portfolio funding products into the UK. The firm’s ability to develop innovative funding arrangements and bespoke financial solutions for litigants and law firms complements its unmatched experience and rigorous approach to funding a wide range of commercial disputes throughout the world.

 

Therium Co-Founder and Chief Investment Officer, Neil Purslow, said “We are always looking at ways to innovate our approach to investments and thanks to Solomonic, strong historic case data is now available to underpin our investment decisions when assessing claims that require funding. We look forward to exploring how big data and AI can add value to how we undertake due diligence and value our claims, in partnership with the leading UK player in this exciting new field.”

 

Solomonic Managing Director, Edward Bird, noted, “We are delighted to be collaborating with a market leader and such an innovative organisation when it comes to litigation funding. Our team are looking forward to working with Therium to create significant added value for their business.

 

 

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About Therium:

Therium is one of the world’s leading providers of litigation and arbitration funding and one of the largest, having raised over $1 billion since its foundation in 2009.  With investment teams in the UK, USA, Australia, Spain, Germany and Norway, Therium has funded claims with a total value exceeding £39 billion including many of the largest and most high profile funded cases in the UK and internationally, including arbitrations under rules of the LCIA, ICC, UNCITRAL, LMAA, AAA, CIETAC, ICSID, Stockholm Chamber of Commerce and the Energy Charter Treaty.

 

Therium has been Top Ranked by Chambers and Partners and Leaders League with investment officers across the UK, Europe, USA and Asia Pac recognised as leading individuals in litigation finance.

 

To mark Therium’s tenth anniversary, the firm launched Therium Access, a not-for-profit funding initiative, in line with Therium’s commitment to the pursuit of justice and the rule of law.  Grant commitments to date exceed £1 million. The first initiative of its kind, Therium Access’s sole purpose is to promote access to justice by funding projects and cases that provide legal support to the most vulnerable in society. Therium Access is the primary expression of Therium’s CSR policy and the firm has been shortlisted for several awards for launching this ground-breaking initiative, including the FT Innovative Lawyer Awards 2019 and the Lexis Nexis Awards 2020.

 

Therium is a founder member of the Association of Litigation Funders of England and Wales and Neil Purslow, Therium’s CIO and Co- Founder, is on the board.

 

For further information, please contact:

 Desiree Maghoo

Questor Consulting

+447775522740

dmaghoo@questorconsulting.com

 www.therium.com

 

About Solomonic and the product platform:

Solomonic is a litigation intelligence and analytics start-up dedicated to bringing a data-led approach to litigation intelligence and decision-making.  Built in collaboration with litigation lawyers, it helps users stay on top of litigation activity, secure client instruction, place their advice in statistical context, pick out arguments which have succeeded in the past and carry out research on lawyers and expert witnesses.

 

For further information please contact:

Edward Bird

Managing Director

Solomonic

+447824600756

ebird@solomonic.co.uk

www.solomonic.co.uk

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