With private client litigation on the rise, high profile legal battles are creating significant financial and reputational risks for wealthy families, prompting legal experts to urge a more strategic and conflict-aware approach to estate planning.
In an article for Citywealth, Consultant John Darnton and Professional Support Lawyer Lynsey McIntyre explain how litigation funding has become increasingly important in private client disputes in England and Wales.
“Litigation is expensive and can take years to resolve. The cost can often be a barrier to parties pursuing a claim where assets are held in complex trust structures across multiple jurisdictions. Litigation funding ensures regular cash flow to pay lawyers, experts and other litigation support providers [...] however, funding may not always be available if the claim is for something other than monetary value.”
John Darnton and Lynsey McIntyre
Consultant and Professional Support Lawyer
Read the full article on the Citywealth website.
