Novo Modo - Legal Finance

Finance is a dynamic space in constant evolution. 

An ever increasing, ever changing array of products and approaches to funding amongst a growing panel of lenders can make accessing the most appropriate product, with the most favourable terms for a specific case, or group of cases, time consuming and complex.

At Novo Modo we are able to analyse the differences between providers on your behalf and to present specific cases and circumstances to the most appropriate lender. 

As brokers, we are able to develop relationships with lenders which allow us the opportunity to understand where they operate in the market, where they are growing and diversifying to offer more lending options. 

We will take the time to get to know you as a client whether you are an individual claimant, a solicitor, another legal professional or a representative of a commercial enterprise. Understanding your particular circumstances will allow us to present the right information to the right lender.

As Litigation Finance develops, investors and funders will need to be agile in the marketplace. Where funders cannot secure their preferred, safe investments they will rely on having the ability to devise ways to invest in areas that they have not previously considered. The market will likely become more competitive. 

Funding Legal Finance

Litigation financing, a crucial financial mechanism in the legal world, entails a third-party entity providing the necessary capital to facilitate the progression of expensive litigation and arbitration cases. This type of funding plays a pivotal role in ensuring that individuals and corporations, who might otherwise be financially unable, can proceed with legal claims and seek justice.

The availability of litigation financing not only supports the pursuit of justice but also helps alleviate the financial strain and risk for law firms. In many instances, legal practices may find themselves unable to take on cases unless litigation finance is secured, as it provides a safeguard against potential financial burdens and risks that could otherwise inhibit their ability to represent clients effectively.

Alternatives to Litigation Finance 

Because the litigation funders return is tied to the outcome of the case they are, understandably, incentivised to fund cases with a good prospect of success. They will also examine how able the opposing party will be to pay the damages where the claim is successful.



Should you not be able to access Litigation Finance for any reason we can talk to you about alternative financial solutions. This may allow cases to be brought where the legal team is confident about the likely success of the case for reasons that maybe don’t inspire the same level of confidence in the litigation funder. We may also be able to offer alternatives to portfolio lending allowing legal firms to borrow at lower cost whilst retaining control over how to spend the working capital

We have extensive experience of working with law firms to provide financial solutions. This type of lending may not be contingent on the likely success of litigation or arbitration but on the financial strength of the business as a whole. 

Financing to cover VAT and Tax Bills are popular with our professional clients and are often taken up year on year as this allows for borrowing over relatively short periods and retains working capital for reinvestment. 

We are able to finance Aged Debt, Disbursement Costs which again are products designed to manage cash flow as you grow your business.

As your business grows we can finance the purchase of new premises and refurbishment costs. Novo Modo is able to provide financing solutions for all aspects of your practice. 

Why us

As brokers, we offer financial  loan services to clients in many commercial environments and for all aspects of business growth and development.

We may be able to facilitate access to working capital from across a panel of over 150 lenders with a broader scope than traditionally taken by funders focussing solely on litigation finance products. 

“An effective system of civil justice is one of the cornerstones of a civilised society. Without it businesses could not trade, individuals could not enforce their civil liberties and governments could not be challenged”

(Reforming Civil Litigation Funding and Costs in England and Wales. Implementation of Lord Justice Jackson’s Recommendations. The Government Response. Ministerial Foreword. The Rt Hon Kenneth Clarke. QC, MP. Lord Chancellor and Secretary of State for Justice, Jonathan Djanogly MP, Justice Minister, March 2011)