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Costs & Funding
CPD Points:
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Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

  • FREE
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Course Aims:

This podcast aims to give the listener an overview of the history and development of third party funding of litigation in the UK. It will look at the rise of the third party funding sector and the cases that funders usually seek. In addition, the podcast examines the effect that key events such as the endorsements by Lord Justice Jackson in his report on costs and the Civil Justice Council have had on the growth of this area. The future of third party litigation is also explored.

After completing the course you will:
  • Understand the development of third party litigation funding in England;
  • Know the major players in the third party litigation funding market;
  • Recognise the type of case that a third party litigation funder would consider funding;
  • Appreciate the impact of the Lord Justice Jackson report on third party funding development;
  • Be aware of the association of litigation funders;
  • Appreciate the content of a Litigation Funding Agreement.
General Interest Difficulty: 2 of 5
Practical Guide
Sources and References:
  • Arkin v Borchard Lines [2005].

This podcast looks at the rise of third party litigation funding and the major developments in this area. In particular, the Lord Jackson Costs review and the endorsement of the Civil Justice Council are explored, in addition to a review of the voluntary Code of Conduct and the future of legislative development in this area.

Podcast last reviewed: 2011-09-30

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