What we do
Woodville partners with law firms of all types and sizes.
The UK litigation funding market has experienced significant growth in recent years, more than doubling in size over the past three years. As of the latest data, the market is valued at approximately £2 billion. This rapid expansion has been driven by increasing investor interest in alternative assets, particularly those uncorrelated with traditional financial markets, such as equities.
The UK market
Overall, the UK remains one of the leading global markets for litigation funding, with strong prospects for continued growth, driven by both domestic demand and its role as a hub for international legal disputes.
We operate in a market where traditional bank funding routes are generally not available.
Underwriting
Strict and detailed underwriting is carried out on each Solicitor through whom we offer the loan facility. Equally strict lending decisions are made based on Company history, turnover, claim history and day to day functionality of the firm in question. Where Woodville loans are made available, the Solicitor is then able to proceed with the case.
Lending decisions
We conduct a thorough and rigorous underwriting process for each solicitor through whom we provide loan facilities. Our lending decisions are equally stringent, based on a comprehensive evaluation of the company’s history, turnover, claim history, and the firm’s daily operations. Once a Woodville loan is approved, the solicitor can move forward with the case.
30 years of experience
Our in-house underwriting team, with over 30 years of experience, is exceptionally well-equipped to assess loan inquiries and facilitate the efficient funding of legal claims. As our company continues to grow, so does our team, attracting top talent and expanding our collective expertise.
This ongoing growth enhances our ability to deliver reliable, informed decisions, ensuring that we consistently support our clients with the highest level of service.
150,000 claims funded
Since our inception, we’ve successfully funded over 150,000 claims, demonstrating our strong capability to deploy capital effectively. As we continue to expand our partnerships with regulated law firms of various types and sizes, we anticipate a significant increase in these partnerships in the coming years.