Themis provides capital, risk management solutions, and strategic support to companies involved in large, meritorious, commercial legal disputes. Investment proceeds are typically used to fund the legal fees and expenses but also often to provide working capital to the client.
Value Proposition for Claimants
- Levels the financial playing field, encouraging quicker settlements based on case’s merits
- More favorable case results – funding enables retention of the best lawyers and experts, and accelerates defendant’s willingness to settle
- Risk mitigation due to non-recourse funding
- Greater net cash flow during case
- Improved accounting results as non-recourse funding eliminates current income statement expense and aligns revenues with expense
- Second opinion provided by funder validates claimant’s decision to proceed with case
- Can (i) preserve budget of the legal department for critical defense activities, (ii) turn the office of the GC into a self-funding department, and (iii) turn expense center into profit center