Our value proposition: a more efficient, cost-effective and transparent corporate litigation process
At Juridica, we believe that the use of litigation to resolve business claims and disputes can be made more efficient, transparent, and cost-effective. Far too often, business plaintiffs commence litigation without the benefit of a thorough business and economic analysis of the timing and prospects for recovery. This absence of financial rigor and due diligence can result in higher legal fees and expenses, unnecessary delays to resolution, and undue distractions to upper management.
Furthermore when claims are not treated as corporate assets, interests and incentives between claim holders and their lawyers can be misaligned. This can lead to overspending on litigation costs relative to claim value and missed opportunities to resolve claims early, both prior to litigation and through alternative dispute resolution.
The end result is that many businesses have too much litigation on which they spend too much time and money to resolve causing the real economic value of the claim asset to be eroded.
Benefits to businesses
By converting a portion of the claim asset to cash, after an independent evaluation by world-class lawyers, experts and financial analysts, Juridica’s investment in a corporate claim validates the claim owner’s valuation and strategy. In addition, Juridica’s products provide numerous additional advantages, including:
- The ability to minimise or eliminate downside risks, such as loss of minimum claim value or claim prosecution costs,
- The ability to deploy corporate capital more efficiently,
- The ability to smooth cash flow,
- The ability to access non-recourse capital for the corporate legal function, and
- The ability to establish a fair market claim value for accounting or other purposes.
Benefits to law firms
For law firms, Juridica focuses on building long-term relationships that align interests by providing our law firm customers:
- The competitive advantage of more rational risk-sharing arrangements with their clients through financing for legal fees, expenses or both,
- The leverage of spreading their risk capital for contingency fee cases across a larger portfolio that reduces the overall risk of loss to the firm,
- The ability to smooth cash flow from alternative or contingency fee cases, and
- The ability to access non-recourse capital for growth and expansion.