Charles Russell Speechlys Launches Feesible Disputes Funding Package

Charles Russell Speechlys has launched Feesible, a flexible suite of litigation funding options, designed to deliver effective solutions for clients by taking the cost and cash flow concerns inherent in dispute resolution out of the equation. Feesible has been spearheaded by Patrick Gearon, partner at Charles Russell Speechlys and head of the Middle East offices, who said, “As funding disputes become increasingly expensive, clients regularly tell us that the cost of a dispute can be a serious drain on their finances and is one of their biggest concerns when considering pursuing what may otherwise be a strong claim. With Feesible™ we can offer various solutions to this, whether by reducing up-front costs, mitigating the risk of paying opponents’ costs, or by simply demonstrating the firm’s willingness to share the risk of non-recovery with our clients. One particular focus for us is the Middle East, where we see a real demand for innovative funding solutions in the fast-growing disputes market.” Feesible brings together a range of funding solutions that can be tailored to meet the needs of clients, including conditional fee agreements, damages-based agreements, access to a panel of approved third party funders, and after-the-event insurance through a trusted broker.